“Too frequently, large grocery companies use their significant market power to hike prices for essential goods and take advantage of customers,” the letter said. Grocery prices shot up 20% between January 2021 and December 2022, causing some consumers to cut back on common purchases like red meat and eggs. But inflation is now virtually back to normal; since November 2023, grocery prices have been increasing by less than 2% on an annual basis. The companies say the tags let employees change prices up to every 10 seconds, allowing them to streamline operations and restock faster. Kroger has denied that claim, saying electronic pricing would only be used to lower prices whenever possible.

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Persons: Sen, Elizabeth Warren, Adam Schiff, Warren, Schiff, Harris, Kamala Harris, Donald Trump, they’re, Vons “, ”, Bernie Sanders, —, ” The, Kroger Organizations: Democratic, NBC News, Federal Trade Commission, Department of Agriculture, ”, Republicans, Biden, Albertsons, Safeway, Vons, FTC, USDA, Fair, ” The Biden, Walmart, Amazon, Costco, Kroger, of America Locations: California