Despite several months of rising inflation and higher prices cropping up on grocery shelves, Albertsons hasn’t yet seen a meaningful change in consumer behavior.

During the company’s fourth-quarter earnings call on Tuesday, CEO Vivek Sankaran said its shoppers’ spending habits remain steadfast amid rising prices, highlighting the chain’s growing organic food sales to emphasize the point.

“We are still seeing the consumer [is] very strong. We’re not seeing any meaningful trade downs,” he said


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