Grocery stores roll out surge pricing: Smart move or consumer exploitation?
No matter how much the Biden-Harris Administration downplays and denies it, food prices are rising and Americans are struggling to put food on the table. Americans are spending the highest percentage of their income on food in the past 30 years, and that shows no signs of slowing. By the end of last year, the […]
80-year-old man says he fought back after random attacker clobbered him in head in grocery store
An 80-year-old man said he fought back after a random assailant hit him in the head inside a Georgia grocery store late last month. Felix Dessel He told WAGA-TV The attack happened around noon on Aug. 22 while the victim was grocery shopping at the Kroger at the intersection of La Vista Road and North […]
Major grocery chain ending tobacco sales
Stop & Shop, a major grocery chain, Announced this week The company announced that it would stop selling tobacco products. The East Coast chain has 360 stores in Massachusetts, Rhode Island, Connecticut, New York and New Jersey. The company said it would stop selling cigarettes and tobacco products by August 31 as part of its […]
Harris Milwaukee rally-goers support grocery price controls policy
MILWAUKEE, Wis. — Democratic presidential candidate Kamala Harris flew to Milwaukee on the second night of the Democratic National Convention, holding a rally in the battleground state’s largest city while delegates were solidifying the nomination about 100 miles south in Chicago, a surprising move that suggested dysfunction among the party’s elites. Harris supporters gathered Tuesday […]
Trump mocks Harris’ grocery price control proposal as ‘Soviet style’ policy
Former President Donald Trump has accused Vice President Kamala Harris of pursuing “Soviet-style” economic policies after she announced her intention to impose price controls on food. Harris’ campaign announced Wednesday that if she becomes president, she would “institute a federal ban on food and grocery price gouging” to stop “big corporations” from taking unfair advantage […]
Kroger to slash grocery prices by $1B after Albertsons acquisition
Grocery giant Kroger has pledged to slash prices at Albertsons stores by $1 billion following a proposed takeover of rival chain Albertsons, but Wall Street is increasingly skeptical the deal will win government approval as food inflation continues to rattle U.S. politics. Kroger is upping the ante on the $25 billion megadeal after promising to […]
Grocery stores are moving to digital price tags: are they harming consumers?
Anthony Chan, a former chief economist at JPMorgan Chase, was responding to Kamala Harris saying she would make lowering prices a priority on her first day in office, even though she’s already in office. Two Democratic senators are investigating Grocery store chains Kroger has expressed concerns about the use of digital price tags, known as […]
Walmart beats Wall Street expectations as it offers more grocery discounts
CFRA Senior Vice President Arun Sundaram analyzes Walmart and Target’s earnings, expectations for their stock prices, and changes in the way consumers shop. Walmart, America’s largest retailer and private employer, lured shoppers with deeper discounts on groceries and reported strong quarterly results that beat Wall Street expectations. The Arkansas-based company said consolidated sales rose 4.8% […]
‘Always ask for your receipt’: Man issues warning on debit card scam after his neighbor lost $50 in the grocery store – The Daily Dot
According to one TikTok user, this clever scam poses danger to anyone with a debit card, especially if you’re not paying attention. Luckily, he’s raising awareness about why it’s important to check your receipts at the register. A recent post by Josh (@beardenjosh) video It quickly garnered more than 440,000 views on TikTok. “I want […]
Ghost kitchen company once valued at $1B pivots to grocery delivery as food-prep business withers
The unicorn, which has opened hundreds of pandemic-era “ghost kitchens” across the country, plans to lay off more than 50 employees in the New York City area and shift to grocery delivery as the meal-prepared model sees a steep decline. Leaf Technology, a SoftBank-backed company that was once valued at $1 billion, filed a WARN […]