Some companies and restaurants have continued to raise prices on consumers even after their own inflation-related costs have been covered.
Category: Supermarkets and Grocery Stores
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Food Prices Soar, and So Do Companies’ Profits
The New York Times – Business: -
Workers at Trader Joe’s in Brooklyn Reject Union
The New York Times – Business:The loss raises questions about whether a national wave of unionization may be slowing. A union had won two previous votes at the grocery chain.
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Kroger and Albertsons Announce Plan to Merge in $25 Billion Deal
The New York Times – Business:The deal, an effort to bulk up against deep-pocketed rivals Walmart and Amazon, is likely to invite serious antitrust scrutiny from regulators.
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What the $24.6 Billion Kroger-Albertsons Merger Could Mean for Groceries
The New York Times – Business:Two of the largest U.S. supermarket chains hope to join forces as inflation pushes food prices higher and as Amazon and Walmart become more powerful.
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Kroger and Albertsons, Grocery Giants, Are Said to Be in Talks to Merge
The New York Times – Business:A deal could be the industry’s largest in years and would almost certainly invite antitrust scrutiny from regulators.