Bobby Gibbs On Impact Of Inflation On Grocery Shopping

Supermarket chains are trying to tackle grocery inflation by asking their suppliers to lower prices, as premium and conventional retailers are trying to get ahead of the rapidly increasing prices that may steer customers away. 

Partner in Oliver Wyman's Retail and Consumer Goods Practice, Bobby Gibbs, shares his insight on the matter, noting that some suppliers are actively trying to lower their cost of goods to remain competitive within the industry. 

Watch the full segment here.