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☆ These food stocks could benefit if RFK Jr. promotes healthier eating, removal of artificial ingredients
▼ + stars: | 2024-11-19 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Packaged food from companies including PepsiCo and Lamb Weston use artificial ingredients. KR ACI YTD mountain Bank of America lists both Kroger and Albertsons as potential beneficiaries under if RFK Jr. is confirmed to lead HHS. The analyst also pointed toward Sprouts Farmers Market as another potential beneficiary, but noted some skepticism over the stock's pricey valuation. Shares of Kroger have advanced more than 26% in 2024, while Albertsons stock has pulled back about 17%. Kroger agreed to purchase Albertsons in late 2022 for nearly $25 billion, but the combination has been heavily scrutinized by regulators .

Persons: Robert F, Kennedy Jr, Edward Kelly, Kennedy, Donald Trump's, Lamb Weston, Bryan Spillane, McCormick, Spillane, Wells, Kelly, Kroger Organizations: of Health, Human Services, RFK, HHS, Food and Drug Administration, PepsiCo, Bank of America, Kroger, Albertsons, KR ACI Locations: McCormick, Wells Fargo

☆ Here's why Target is more exposed than Walmart to the sweeping trade changes that Trump promised
▼ + stars: | 2024-11-16 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

AdvertisementAs America's grocery king, Walmart sources a high share of its products from the US. The difference puts more of Target's business at risk of being impacted if Trump follows through on his tariff promises. "Target is actually much more exposed than Walmart because Walmart is grocery-heavy and groceries are predominantly domestic," Jason Miller, supply chain professor at Michigan State University, told Business Insider. Food and beverage sales accounted for less than a quarter of Target's sales last year. AdvertisementTD Cowen retail analyst Oliver Chen told BI that Target's apparel segment presents another potential complication, as fashion is more sensitive to seasonality.

Persons: Donald Trump, Jason Miller, Cowen, Oliver Chen, Gina Logan, Logan, Trump, Brian Cornell Organizations: Target, Trump, Walmart, Michigan State University, Walmart US Locations: AlphaSense

☆ Lina Khan likely to be fired as FTC Chair under a Trump presidency
▼ + stars: | 2024-11-12 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

Representatives for Trump’s transition team and the FTC didn’t respond to requests for comment. Wall Street, which has been on a tear since Trump’s decisive victory last week, appears to be ready to turn the page on the Khan era. Similarly, the FTC has gone after Big Tech, Big Pharma and even Big Mattress in the name of keeping competition robust. To them, Khan and her DOJ partner in trustbusting, Jonathan Kanter, represent a threat to the bottom line. Since last week’s election, both Kroger and Albertsons shares have risen sharply as investors anticipate the deal would face little resistance under Trump’s FTC.

Persons: CNN Business ’, New York CNN — Lina Khan’s, Donald Trump, Khan, she’s, Lina Khan, Jennifer Rie, kowtow, Jonathan Kanter, Elon Musk, Trump, ” Barry Diller, “, ‘, Republican “ Khanservative, JD Vance, Gail Slater, Vance, ”, David Kostin, Goldman Sachs, Kostin, Donald Trump’s, Brian Gardner, ” Gardner, Susie Wiles Organizations: CNN Business, New York CNN, Federal Trade Commission, FTC, Republican, Bloomberg Intelligence, CNN, Justice, Albertsons, Big Tech, Big Pharma, IAC, Democratic, Bloomberg, Kroger, Trump’s FTC, Goldman Sachs ’, White, Trump, Federal Reserve Locations: New York, it’s, trustbusting, Washington

☆ Better catering and nicer bathrooms will help get workers back to the office, says this retail CEO
▼ + stars: | 2024-11-11 | by ( Polly Thompson | ) www.businessinsider.com time to read: +4 min

Grocery chain Asda is calling workers back to the office three days a week from January. The British retailer says it will improve on-site catering and provide better bathrooms for staff. Asda chair Stuart Rose said remote work doesn't suit the fast pace of the consumer goods industry. In recent months, companies like Dell and Amazon have announced that staff must be back in the office five days a week. If RTO policies become too strict, top talent will simply leave to find a system that works for them, Ravin Jesuthasan, a respected future-of-work researcher, previously told Business Insider.

Persons: Stuart Rose, —, Rose, Spencer, Mohsin Issa, Issa, Zuber, Asda's, Ravin, Nick Bloom, Bloom Organizations: Service, Marks, Asda, The Observer, Business, TDR, Walmart, Dell, Amazon, Observer, Stanford Locations: British, Argos, Asda

“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.

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

☆ McDonald's sales dropped for the 2nd quarter in a row as customers keep tightening their belts
▼ + stars: | 2024-10-29 | by ( Nora Redmond | ) www.businessinsider.com time to read: +3 min

McDonald's global sales fell for the second consecutive quarter, down 1.5%. AdvertisementGlobal sales at McDonald's have fallen for a second consecutive quarter as the fast-food chain struggled in international markets, especially France, the UK, China, and the Middle East. Sales were down 1.5% in its third quarter, following from a 1% slide in the previous quarter, ending June 30. Comparable sales in the US were virtually flat, up 0.3% from the same period in 2023, while sales in international markets dropped 2.1%. Sales in licensed international markets fell 3.5%.

Persons: —, Chris Kempczinski, Neil Saunders Organizations: Service, Consumers Locations: France, China, McDonald's

☆ Amazon tests adding robot warehouses to Whole Foods so shoppers can pick up other orders at checkout
▼ + stars: | 2024-10-09 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

Amazon said Wednesday it's testing adding mini warehouses to Whole Foods supermarkets as part of a bid to attract more shoppers to its stores and away from other grocery competitors. Amazon said it's looking to "eliminate those extra trips" made by shoppers to other grocery stores. "Customers shopping at Whole Foods Market today are looking for natural and organic products," Varadarajan said during a presentation on Wednesday. With our micro fulfillment center, we can reduce the need for our customers to visit different stores or make multiple online orders." Amazon has for years angled to gobble up a bigger share of the grocery market.

Persons: Anand Varadarajan, aren't, Varadarajan, It's, Andy Jassy Organizations: Amazon, Foods, Pepsi, Research, Walmart, Kroger, Albertsons Locations: Berkeley , California, Philadelphia, Plymouth, , Pennsylvania, Nashville

☆ Food poisoning dangers are real after severe weather. Here’s how to protect yourself
▼ + stars: | 2024-10-06 | by ( Aj Willingham | ) edition.cnn.com time to read: +5 min

When the power goes out, it’s a race against time to make sure food doesn’t spoil. “Bacteria multiply quickly between temperatures of 40 degrees Fahrenheit and 140 degrees Fahrenheit,” CNN wellness expert Dr. Leana Wen told CNN. Once the power is cut, a full freezer can hold a safe temperature for 48 hours with the door closed. They should also be kept in separate areas of the refrigerator any day of the week, regardless of the weather. If you are in one of these high-risk groups, the CDC recommends paying special attention to food safety procedures when buying, preparing, cooking and storing your food.

Persons: it’s, Leana Wen, ”, –, Bill Marler, ” Marler, they’re, Don’t, Hurricane Helene, Bryan Olin Dozier, Wen, Marler Organizations: CNN — Hurricanes, US Centers for Disease Control, CDC, CNN, Press Locations: Seattle, CJ's, Lansing , North Carolina

☆ I went to the latest version of Amazon Fresh and can't see what sets it apart from other grocery stores
▼ + stars: | 2024-09-28 | by ( Alex Bitter | ) www.businessinsider.com time to read: +2 min

Amazon Fresh appears to be opening new stores again. I visited a recently opened Fresh store to see whether shopping there is better than a year ago. AdvertisementAmazon's push to build its own chain of grocery stores seems to be gaining some new momentum lately. In August, for instance, Amazon opened Fresh stores in Gaithersburg, Maryland, and Roseville, California. Do you work at Amazon Fresh or another part of Amazon's grocery business and have a story idea to share?

Persons: —, Andy Jassy Organizations: Service, Amazon, Bloomberg Locations: Gaithersburg , Maryland, Roseville , California

☆ A retired boomer splits his time between Nebraska and Mexico. He says life is affordable in Puerto Vallarta and there's a lively LGBTQ+ community.
▼ + stars: | 2024-09-26 | by ( John Towfighi | ) www.businessinsider.com time to read: +7 min

MacKenzie, 67, owns a condo in Puerto Vallarta, Mexico, with his husband, Darin Templeton. AdvertisementMacKenzie said it was important to visit Mexico and become accustomed to the lifestyle before committing to buying a condo there. In fact, they vacationed in Puerto Vallarta multiple times over six years before purchasing a condo in 2017. He said it feels like "there are more gay bars and clubs" in Puerto Vallarta than in Manhattan, adding that Puerto Vallarta is considered a top LGBTQ+ destination in Latin America. A dinner on Bill MacKenzie's terrace in Puerto Vallarta Courtesy of Bill MacKenzieMacKenzie said Puerto Vallarta has an active foreign population, and his condo complex has residents from Canada, Australia, Panama, and more.

Persons: —, Bill MacKenzie, MacKenzie, Darin Templeton, Templeton, Nebraska MacKenzie, Templeton —, Bill MacKenzie MacKenzie, Mexico MacKenzie, Mackenzie, Bill Organizations: Service, Business, Social Security Administration, Nebraska, Creighton University, Nebraska — Locations: Mexico, Puerto Vallarta, Omaha, San Diego, Sarpy, Nebraska, Bluffs , Iowa, Omaha . Iowa, California, Florida , Texas, Arizona, Florida, Southern California, Manhattan, America, Canada, Australia, Panama, American

☆ 3 teachers who spent up to $2,000 on their classrooms explain what they bought and why it's important
▼ + stars: | 2024-09-22 | by ( Madison Hoff | ) www.businessinsider.com time to read: +9 min

A survey of 2,000 elementary school teachers from the Carnation Breakfast Essentials brand conducted by Talker Research in June found that 1 in 5 teachers said they spend over $300 out of pocket on classroom items. AdvertisementMaegan Driver spent money to decorate her room with an ocean theme. She also bought items at local stores. What the three teachers bought for their classroom goals and needsDriver said no one wants to go into a boring classroom, and she bought most of the items in her room. Some items Driver bought this summer include paint brushes, dot markers, a rug, and musical instruments.

Persons: —, Driver, Rebecca Johnson, Johnson, Steve Majors, It's, Yelena Khazan, Khazan, Yelena Khazan Majors, Majors, Rebecca Johnson's, Rebecca Johnson Johnson, Mrs Organizations: Service, Business, Driver, Research, Trinity Christian Academy in, Horizon Science Academy Columbus Middle, Teach, America Locations: Trinity Christian Academy in Oklahoma, Ohio, Florida

Lawyers for Washington state will have past grocery chain mergers – and their negative consequences – in mind when they go to court to block a proposed merger between Albertsons and Kroger. Albertsons and Kroger own more than 300 grocery stores in the state and control more than half of grocery sales there. They are trying to get the case dismissed, arguing a state court isn’t the proper venue to consider a nationwide ban. Albertsons and Kroger insist that their plan, including the sale of stores to C&S, will lower grocery prices and preserve competition. In 2016, Albertsons acquired a Haggen supermarket and then promptly closed an Albertsons store about a mile away in Birchwood.

Persons: general's, Haggen, ”, Tina McKim, Bob Ferguson, Kroger, Brad Weber, Locke, Judge Marshall Ferguson, Ferguson, Weber, McKim, ” McKim, “, She’s Organizations: Albertsons, Kroger, Federal Trade Commission, S Wholesale Grocers, Safeway, Fighters, Democrat, King County Superior Court, Walmart, Costco, U.S, FTC, Associated Press Locations: Washington, Oregon, Colorado, Bellingham , Washington, Washington —, Bellingham's Birchwood, King County, Seattle , Washington, Dallas, Birchwood

☆ Amazon's new budget line of food products suggests things aren't getting better for the American shopper
▼ + stars: | 2024-09-11 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

Amazon's new bargain grocery brand suggests shoppers will be pinching pennies for a while. While things aren't worsening significantly for low-income people, they aren't improving quickly. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Walmart, Target, Business

☆ Amazon targets Aldi with a new lineup of ‘no-frills’ groceries
▼ + stars: | 2024-09-10 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

Amazon is rolling out a new “no-frills” private label brand called Amazon Saver, with most items priced at less than $5 and that include an array of household staples and pantry items such as cookies and crackers and perishable items like sliced turkey and ham. Shoppers at its roughly 50 Amazon Fresh stores and online are getting price cuts on more than 3,000 items. Typically, Prime members get a 10% discount, but now they can get up to 50% off eight to 15 grocery items that change weekly, including fresh produce and meats. And more than 1,200 rotating grocery items from popular brands will be discounted 25%. Prime members will also get an additional 10% off its new lineup of Saver products.

Persons: ”, Neil Saunders, ” Saunders, Sarah Wyeth Organizations: New, New York CNN, Target’s, Amazon, Walmart, Target, Aldi, GlobalData, “, CNN, Shoppers Locations: New York, Aldi

☆ Harris to propose $50,000 tax deduction for small business startup expenses, ahead of Trump debate
▼ + stars: | 2024-09-03 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Under the proposal, new small businesses could spread the deduction out over several years, or delay claiming the $50,000 tax deduction until the company turned a profit. The Internal Revenue Service has previously run into issues ensuring that its small business tax breaks end up in the right pockets, especially during the pandemic, when the agency flagged a spike in fraudulent claims. The Harris campaign did not respond to a request for clarification about which startups and small businesses would be eligible for the tax deduction. On Wednesday, Harris will also set a goal of collecting 25 million new small business applications in her first term if she is elected president. By focusing on small businesses, Harris' tax deduction proposal could help her thread the needle between rebutting Trump's attacks, and keeping up her political crusade against corporate greed.

Persons: Kamala Harris, Harris, Biden, Donald Trump, Trump, Joe Biden, Kamala, TRUMP Organizations: Democratic, U.S, Wednesday, Labor, Internal Revenue Service, Republican, ABC News, White Locations: Savannah , Georgia, U.S, New Hampshire

☆ Former Bangladesh leader calls for inquiry into killings during unrest that led to her ouster
▼ + stars: | 2024-08-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +5 min

Some of the violence pitted student activists against pro-government student and youth groups and police, and many of those who died were among the student activists. However, Hasina’s statement underlined that police officers, members of her Awami League political party, bystanders and others also were victims of what she described as “terrorist aggression.” She previously has blamed opposition parties for stoking the unrest. Hasina’s statement came as the country’s interim government on Tuesday canceled a public holiday that she had declared for Thursday to mark the death of her father, Bangladesh’s independence leader Sheikh Mujibur Rahman. The cancellation came at the request of at least seven political parties, including the main previous opposition group, the Bangladesh Nationalist Party. An interim government is now running the country, with Muhammad Yunus, a Nobel peace laureate, sworn in as interim leader.

Persons: Bangladesh —, Sheikh Hasina, Hasina, Sajeeb Wazed Joy, Hasina’s, Sheikh Mujibur Rahman, S.M, Amir Hamza, Abu Sayeed, Rajesh Chowdhury, Hamza, Sayeed, Asaduzzaman Khan, Obaidul Quader, Rajib, Anisul Huq, Salman F, Rahman, Mainul Hasan, Muhammad Yunus Organizations: Awami League, Bangladesh Nationalist Party, Home, Awami League party’s, Mohammadpur, Police Locations: DHAKA, Bangladesh, India, Dhaka, Rajib Dhar, U.S

“My cart looks ridiculous,” said Ms. Uhuru, 48, who supplements her hauls with vegetables grown in her garden. “People think I am a shift shopper.” Sylvia Jarrus for The New York Times, including previous image. Sawyer’s April Shopping Total shopping trips: 14 Impulse purchases: Castelvetrano olives ($5.99) and sparkling water (prices vary) Share of drinkable purchases: 70 percent What might a stranger notice if she peered into Sawyer Bonsib’s cart? “The old adage ‘Don’t go grocery shopping when you are hungry,’ applies triply during Ramadan,” he said. “Or my toddler will gnaw on a tortilla while I’m making dinner.” Jessica Attie for The New York Times, including previous image.

Persons: —, creamer, Jackie Kesterson, haven’t, ”, “, Kesterson, Rebecca Gratz, Kimberly Uhuru Detroit, Kimberly Uhuru, Uhuru, ” Sylvia Jarrus, Sawyer, Mr, Bonsib, Alcoholics Anonymous, isn’t, ” Will Newton, pita —, Pecorino Romano, pistachios, Ayse Gilbert, Gilbert, She’s, ” Kerry Tasker, Sonal Singh, Singh, Carolyn Fong, Bingahlan, Abdul Bingahlan, chiles, We’re, Bingahalan, ‘, Brittainy Newman, Amy O’Neill Houck, ” — Mindy Huskins, — Naeman Mahmood, ” — Martha Goff, Gabby Cavazos Austin, Gabby Cavazos, Cavazos, ” Jessica Attie, Young, Alan Young, . Young, Croix seltzer Organizations: THE, Amazon Grocery, Vee, The New York Times, Walmart, Alcoholics, Costco, Gilbert Anchorage, University of Georgia, Mart, chiles, Atlanta, Emory, Coordinating, Foods, Assistance, SNAP Locations: United States, romaine, Jackie Kesterson Omaha, Rosedale Park, Target, Croix, Waterloo, Malvern, Ark, Gilbert, Alaska, Anchorage, Carmel , Calif, California, Sonal Singh Foster City, Calif, India, Foster City, Bingahlan New York City, Cordova , Alaska, Newark, Del, Atlanta, Sacramento, Gabby Cavazos Austin , Texas, Texas, Young Hilo, Hawaii

☆ A scientist lost weight without trying after he stopped eating the types of ultra-processed foods he helped create. Here are 3 ways he cut down.
▼ + stars: | 2024-07-08 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +6 min

Read previewA professor of the senses, who used to help multinational food companies create ultra-processed foods, lost weight without trying after he cut them out of his diet when he learned about their health risks. These hyper-palatable foods contain the perfect fat-to-carbohydrate ratio, which makes it near impossible for us to stop eating them, Smith said. "I was consciously cutting out ultra-processed food because of the bad things it might do for my health. He felt more energetic, full for longer, and able to stop eating when he felt full. "You're not going to persuade people to move away from ultra-processed food by telling them it's bad for them.

Persons: —, Barry Smith, Ferrero, hasn't, Smith, Chris Van Tulleken, Linia Patel, Aleksandr Zubkov, It's Organizations: Service, University of London Institute of Philosophy, Business, Northeastern University's Network Science Institute, Research, Nature, Food Locations: UPFs

☆ I'm an American mom living in Germany. There's less variety to choose from at the grocery store and they all close on Sunday.
▼ + stars: | 2024-07-03 | by ( Naomi Kaye Honova | ) www.businessinsider.com time to read: +5 min

Although larger grocery stores will offer a bigger variety, it generally won't be as vast as an American supermarket. For instance, urban grocery stores in Germany simply don't have the physical capacity the way many American grocery shops do, allowing American shops to stock numerous brands and types of the same product. You have to bag your own stuffAt most major American grocery stores, your groceries generally get bagged for you as you check out. Most Germans do their grocery shopping at standard and discount grocery stores. Opening times at German grocery stores may seem short in comparison to US storesMany Americans who visit Germany are surprised to find that German grocery stores have more limited opening times than they are used to.

Persons: —, you'll Organizations: Service, Business, Omega, Aldi Locations: Germany, United States, American, Bavaria, Bavarian, Frankfurt, Hamburg, Turkish, Berlin, Kafer, Munich

☆ Instacart shoppers are using the app's 'reorder items' button to see how much grocery prices increased over the years
▼ + stars: | 2024-07-03 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

And while few shoppers would save their old grocery receipts, using apps like Instacart keep your order history for years. Now, some customers are using those past orders to discover inflation's highly personal impact on them. AdvertisementIn a video on TikTok, White shared his experience using Instacart's "reorder items" function, explaining how a $35 order skyrocketed to more than $62 in the past five years. (Several commenters suggested this was due to the app replacing some out-of-stock items with more expensive offerings from third-party sellers.) White told BI the response to his video, which has nearly a million views, has been very polarized.

Persons: —, White, Manhattan —, It's, Andy Kiersz Organizations: Service, Business, Walmart, Pepsi Locations: Virginia, Los Angeles and New York City, Gelson's, LA, Wegman's, Manhattan

☆ I used to rely on grocery delivery services to save time. Now, I shop with my kids — they love it, and I save money.
▼ + stars: | 2024-06-21 | by ( Elliott Walker | ) www.businessinsider.com time to read: +4 min

After my kids were born, my love for online grocery ordering grew even more. While I used to use a grocery delivery service nearly every week, I only use it in a pinch now. On top of that, there can be things like pick-up fees, service fees, delivery charges, and tips if you use a grocery delivery service. All of this means that I end up having to go to the grocery store anyway, usually stressed because I was counting on the grocery delivery service to save time. Using a grocery delivery service can save time and energy, but it also comes with added costs and, oftentimes, frustration.

Persons: —, Elliott Harrell's, Elliott Harrell, I'm, I've Organizations: Service, Business

☆ Uber and Lyft riders explain why they do and don't tip their drivers — who only get tips a quarter of the time
▼ + stars: | 2024-06-19 | by ( Noah Sheidlower | Jacob Zinkula | ) www.businessinsider.com time to read: +9 min

Ron, a 76-year-old based in California, always leaves his ride-hailing driver a 20% tip unless they are a "complete jerk," he told BI. AdvertisementShould Uber and Lyft drivers always get tips? Rob Schlegel, a journalist turned real-estate agent in Las Vegas, tries to always tip his Uber or Lyft driver the highest suggested amount for each ride. The reasons people do or don't tip their Uber and Lyft drivers can be complicated. According to Gridwise data, roughly 30% of US Uber drivers drove at least 25 hours a week in the first quarter of 2024.

Persons: —, Valerie, haven't, Rob Schlegel, he's, Uber, Kellie Smith, Smith, it's, Carla Bevins, Bevins, DoorDash, Lillian, Lyft, Caroline, she's, Dee Dee, Carrie, It's, Bryan Organizations: Service, Business, Carnegie Mellon University, Uber, BI, Gridwise Locations: California, Las Vegas, Washington, US, Hampton Roads , Virginia

☆ Inflation seems to be cooling again. Americans aren’t buying it
▼ + stars: | 2024-05-31 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

A slew of big-box retailers have lowered prices on items in recent weeks, citing moderating inflation and frugal customers. Recent economic data has also suggested that inflation is cooling, after data earlier this year spurred fears that progress had stalled. Yet Americans don’t seem convinced that inflation is moderating or that the economy is as healthy as indicators suggest. Mortgage rates have declined in recent weeks but remain near 7%. Target announced plans to cut prices on thousands of consumer basics as inflation cuts into household budgets.

Persons: aren’t, Charles Schwab’s, ”, James Kostulias, Charles Schwab, Joe Raedle, Jerome Powell, Powell, Neel Kashkari, “ I’m, Schumer, Chuck Schumer, General Merrick Garland, “, Elizabeth Warren, Amy Klobuchar, Bernie Sanders, Dick Durbin, Scott Sheffield, Read, Matt Egan, Mat Ishbia, homebuyers, refinances Organizations: CNN Business, Bell, New York CNN, Walmart, Target, Ikea, Aldi, CPI, “ Traders, Minneapolis Federal, CNBC, Democrats, Justice Department, Oil, Big Oil, DOJ, Big, Federal Trade Commission, United Wholesale Mortgage, Phoenix Suns NBA Locations: New York, Miami , Florida, Minneapolis, Texas, Sens

☆ Amazon is slashing prices on 4,000 grocery items, joining Target and Walmart
▼ + stars: | 2024-05-24 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +3 min

New York CNN —Amazon Fresh has joined the growing ranks of retailers that are cutting prices. It is discounting thousands of grocery items in a bid to entice price-conscious shoppers to add a little bit more to their shopping carts. In the game of chicken between stores and shoppers, it’s the stores that finally appear to be yielding. For Prime members, Amazon Fresh is stacking more savings by offering a 10% discount on hundreds of online grocery items. Last week, Walmart (WMT) said it has rolled back prices on nearly 7,000 items in its stores, saying it was seeing deflation on some key grocery items.

Persons: Sarah Wyeth, “ There’s, ” Wyeth, ” Claire Peters Organizations: New, New York CNN, Target, Walmart, Shoppers, CNN, Savings, Amazon, Aldi Locations: New York, United States

☆ Walmart just opened two new Neighborhood Markets with a larger layout. Take a look.
▼ + stars: | 2024-05-21 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

The first two new stores in Walmart's 150-location plan have opened in Florida and Georgia. The Neighborhood Markets are almost 50 percent larger than Walmart's typical grocery-focused store. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe first two locations in Walmart's five-year, 150-store expansion plan have opened in Florida and Georgia. The pair of grocery-focused stores are the first new openings in Walmart's Neighborhood Market segment in more than four years.

Persons: — Organizations: Service, Business Locations: Florida, Georgia

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