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NEW YORK (AP) — It may not be too “appeeling,” but the price tags of some bananas are rising by a few cents. Trader Joe's recently upped the price for a single banana to 23 cents, a 4-cent — or 21% — increase from the grocer's previous going rate for the fruit that had remained unchanged for over 20 years. In contrast to other foods more heavily impacted by inflation, bananas have stayed relatively affordable over time — with average global prices never exceeding more than about 80 cents per pound (0.45 kilograms). Still, banana prices have seen some jumps in recent years. In the U.S., the cost of a pound of bananas averaged at about 63 cents last month.

Persons: Joe's, “, we’ve, Louis, ” Neil Saunders, Saunders Organizations: Federal Reserve Bank of St, United Nations, Food, Agriculture Organization Locations: Monrovia , California, U.S, —

☆ Trader Joe’s just increased the price of a banana for the first time in more than 20 years
▼ + stars: | 2024-03-25 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —Food prices have gone a bit bananas — and that includes a famously priced 19-cent fruit at Trader Joe’s. The snack-heavy grocer told CNN on Monday that it recently increased the price of the banana to 23 cents, a more than 20% increase. The 19-cent banana is a well-known deal at Trader Joe’s — so much so that it’s ranked as the favorite piece of produce by the company’s customers. However, CBS News reported that experts from the World Banana Forum in March warned that climate change and rising temperatures can drive up banana prices. Trader Joe’s noted it has been able to lower prices for some of its other produce, such as raw almonds, romaine hearts, organic tri-color bell peppers, and green onions.

Persons: we’ve, fanbases, Joe’s, romaine, Dan Bane, Sonny …, they’ve, ” Bane Organizations: New, New York CNN, CNN, Food and Agriculture Organization, United Nations, Bureau of Labor Statistics, CBS News Locations: New York

☆ Trader Joe's has raised the price of one of its most popular products for the first time in over 20 years
▼ + stars: | 2024-03-25 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

One of Trader Joe's most popular products has just gotten its first-ever price increase. The popular grocery store chain recently raised the price of its individually-sold bananas by roughly 20%, to 23 cents from 19 cents. Trader Joe's bananas have cost 19 cents apiece since the chain first started selling them individually back in 2001. The never-changing price tag became a selling point for the fruit, with signage at some Trader Joe's locations boasting about the store's refusal to increase the cost of potassium-rich produce. The 19-cent bananas have proved so popular over the years that they recently made the Trader Joe's Product Hall of Fame.

Persons: we've, romaine, Joe's, Dan Bane, Bane, Sonny, they've Organizations: Hall of Fame, CNBC

☆ I Went to Aldi and Saw Why the Discount Grocer Is Booming in the US
▼ + stars: | 2024-03-22 | by ( Alex Bitter | ) www.businessinsider.com time to read: +1 min

German grocer Aldi is planning to add hundreds of stores to the thousands it already has in the US. The chain focuses on keeping costs and prices low, making it popular as food remains pricey. I visited an Aldi store to see why the supermarket brand is expanding so fast. Now, Aldi is planning to open 800 more locations over the next four years, bringing its store count in America to 3,200. AdvertisementI decided to head to an Aldi store in Maryland, near Washington, DC, to see what it's like to shop at the fast-growing supermarket.

Persons: —, Aldi didn't Organizations: Aldi, Service Locations: America, Maryland, Washington

☆ This ‘6 to 1’ trick might make your grocery shopping easier
▼ + stars: | 2024-03-13 | by ( Karla Walsh | ) edition.cnn.com time to read: +7 min

@chefwillco My 6 to 1 grocery method makes shopping cheaper and easier! Let me know how you like this grocery shopping method. The benefits of the 6 to 1 methodColeman made a fresh cheddar apple Cobb salad using his grocery hack. And you can definitely make several meals out of four proteins,” Largeman-Roth said. How to make the 6 to 1 method work for youColeman created his hack to get control of his grocery budget.

Persons: Will Coleman, Coleman, “ You’re, @chefwillco, Will Coleman “, ”, he’s, Joe’s, Will Coleman Frances Largeman, Roth, Largeman, Eva Cruz, ” Largeman, “, ” Peek, ” Coleman, Karla Walsh Organizations: CNN, Foods Locations: New York City, Dobbs, , New York, brussels, Des Moines , Iowa

☆ Costco CFO's go-to meal is a $5 rotisserie chicken, shrimp cocktail, and Kirkland Signature vanilla ice cream
▼ + stars: | 2024-03-12 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

Costco CFO Richard Galanti received a $6.7 million pay package last year, but can be frugal at dinnertime. "I will buy a rotisserie chicken, shrimp cocktail and the Kirkland Signature vanilla ice cream, which is the best," he said. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementCostco's outgoing CFO Richard Galanti has been with the company for all but a few months of the wholesale club's 40-year history.

Persons: Richard Galanti, Galanti, he's, — Organizations: Costco, Progressive, Kirkland, Service, Business

☆ Costco's CFO reveals what you can learn when you arrive 30 minutes early to a job interview
▼ + stars: | 2024-03-11 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

Costco's longtime CFO Richard Galanti will step down Friday after a 40-year career with the company. In an interview with Progressive Grocer, Galanti revealed a bit of advice he gives to students. Arriving 30 minutes early to an appointment can show you how a company's culture really is, he said. AdvertisementAfter an impressive 40-year career with Costco, Richard Galanti will step down from his longtime role as CFO on Friday. In a recent interview with Progressive Grocer, Galanti revealed a bit of advice he gives to students that goes beyond simply being on time for appointments like job interviews.

Persons: Costco's, Richard Galanti, Galanti, — Organizations: Progressive, Service, Costco, Atlanta, Business

☆ Aldi plans to open 800 new locations in the next five years
▼ + stars: | 2024-03-07 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

Some of the 800 new locations will be store conversions from its now-complete acquisition of Winn-Dixie and Harveys Supermarkets, with a “significant number” of those locations — largely located in the Southeast — ditching their respective names and being remodeled into an Aldi. Approximately 50 stores will be converted later this year, with a majority of those reopening under the Aldi name in 2025. However, the Winn-Dixie and Harveys Supermarkets names won’t completely disappear: Aldi said that a “meaningful amount” of locations will retain that branding. Aldi’s newest plan brings its store count to nearly 3,000 US locations, a notable expansion but still trailing against its rivals. If their merger is approved, Kroger and Albertson’s will have about 4,500 locations and Walmart, the nation’s largest grocer, has nearly 5,000.

Persons: Aldi, Winn, Neil Saunders, Saunders, ” Saunders, Albertson’s Organizations: New, New York CNN, Winn, Dixie, Harveys, Aldi, GlobalData, Kroger, Walmart Locations: New York, Northeast, Midwest, West, Southern California, Phoenix, Las Vegas

☆ Grocers are trying to get orders to your door faster than ever — here's why
▼ + stars: | 2024-03-07 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +6 min

Walmart expanded its same-day delivery offering to allow shoppers to get online purchases dropped off earlier in the morning. With same-day deliveries, the three retailers are not only trying to outmatch one another on convenience. With Target's announcement this week, Walmart, Target and Kroger will all have paid membership programs with home deliveries as one of the benefits. Kroger has used online delivery to break into new regions of the country, including Florida, without opening a single grocery store. Walmart and Target both beat Wall Street's sales expectations for the holiday quarter, but said shoppers are still very value-focused.

Persons: Kroger, Michael Baker, Davidson, Davidson's Baker, John David Rainey, Rodney McMullen, That's, McMullen, We've Organizations: Target, Walmart, D.A, Kroger, Costco, Albertsons, FTC, Wall Locations: U.S, Florida

☆ Whole Foods is launching mini-stores for quicker shopping trips
▼ + stars: | 2024-03-04 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Called "Whole Foods Market Daily Shop," they'll be a fraction of the size of a normal Whole Foods. Called "Whole Foods Market Daily Shop," they'll take up between 7,000 and 14,000 square feet, Bloomberg reported on Monday. People want things fast," Christina Minardi, executive vice president of growth and development at Whole Foods Market and Amazon, told Bloomberg. A rendering of the produce section at a Whole Foods Market Daily Shop store. It also aimed to be more affordable than mainline Whole Foods stores by focusing on Whole Foods' own-brand products.

Persons: It's, —, they'll, Christina Minardi, Andy Jassy Organizations: Amazon, Service, Bloomberg, Foods, Shop, Daily Locations: New York City

☆ Cramer's week ahead: Watch for earnings from Target, CrowdStrike, Kroger and more
▼ + stars: | 2024-03-01 | by ( Julie Coleman | ) www.cnbc.com time to read: +3 min

CNBC's Jim Cramer on Friday told investors what to look for next week on Wall Street, including earnings from retailers like Target . Tuesday brings earnings from Target and Cramer said he's optimistic about the big-box retailer's performance. On Thursday, Cramer will be paying attention to earnings from grocers Kroger and Costco , as well as Marvell Technology . Friday brings February's unemployment report. If there's a slight boost in unemployment while wages stay steady, Cramer said he thinks investors won't have to fight the Fed.

Persons: CNBC's Jim Cramer, Cramer, Forget, he'll, it's, George Kurtz, Campbell Soup, Kroger's, he's Organizations: Federal Reserve, Palo Alto Networks, Abercrombie, Fitch, Kroger, Costco, Marvell Technology, Federal Trade Commission, Albertsons

☆ Fidji Simo, Instacart
▼ + stars: | 2024-02-28 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +3 min

Starting last year, profitability became a more consistent story for the largest online grocery marketplace in North America, with millions of monthly active orderers and Instacart+ members. The company says it has now delivered over one billion orders across its 85,000-store network encompassing 1,500 retail partners. "There were a lot of questions about whether Instacart would be just another pandemic fad," CEO Fidji Simo told CNBC . Simo, who took the top role at the company in 2021 and launched the Instacart Health delivery service in 2022, has made health care a personal passion. "Patients often go through years-long diagnostic odysseys, bouncing around from specialist to specialist with no one looking at the whole picture," Simo wrote on her LinkedIn.

Persons: Fidji Simo, Instacart, NBCUniversal's Peacock, Simo Organizations: Google, CNBC, Kroger, Costco, Amazon Prime, Paramount, Metrodora Institute Locations: North America

☆ I've worked at Aldi for 2 years. Here are 10 high-quality items I can't believe I got at the budget grocer.
▼ + stars: | 2024-02-16 | by ( Dajha Zamot | ) www.businessinsider.com time to read: 1 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Access your favorite topics in a personalized feed while you're on the go. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . As someone who's worked at Aldi for two years, the store is my go-to for home decor and groceries that feel high-end. Here are 10 luxurious-feeling items I've gotten at Aldi.

Persons: —, who's Organizations: Service, Aldi

☆ I'm an American baker in Switzerland. Here are the best staples I buy at Aldi for 2.
▼ + stars: | 2024-02-15 | by ( Megan Thorson | ) www.businessinsider.com time to read: +1 min

Aldi's affordable prices are great for buying staples as well as a few fun, unique treats. We tend to buy more packaged staples here, like sardines, mustard, and Swiss chocolate. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementI'm an American baker who relocated to Switzerland to be with my partner. I do most of our shopping at Aldi because the prices and quality are great.

Persons: — Organizations: Service, Aldi Locations: Swiss, American, Switzerland

☆ Instacart's CEO says that warehouses full of robots won't replace its gig workers anytime soon
▼ + stars: | 2024-02-14 | by ( Alex Bitter | ) www.businessinsider.com time to read: +1 min

Don't expect Instacart to replace its gig worker shoppers with robots anytime soon. Instacart CEO Fidji Simo says the company can deliver faster and more efficiently using its human shoppers. That's a contrast with companies like Kroger, which have built warehouses to automate order picking. Kroger has a network of warehouses that it built with British grocer Ocado, where robots and some humans assemble orders, for instance. Human workers still drive to customers' homes to deliver the orders.

Persons: Fidji Simo, —, Kroger, Ocado Organizations: Kroger, Service, Business

☆ 8 things my family never buys at Trader Joe's — and where we go instead
▼ + stars: | 2024-02-09 | by ( Steven John | ) www.businessinsider.com time to read: +1 min

Trader Joe's offers excellent pricing and often has the best deals — but not always. Other shops also offer better value on things like sparkling water, fish, and milk. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementLet's be crystal clear right from the start: I love Trader Joe's. But there are a handful of items we never buy at Trader Joe's because we either found a better price or better quality somewhere else.

Persons: —, Joe's Organizations: Service, Dijon

☆ Aldi is the latest grocery store to use a rival version of Amazon's Just Walk Out tech
▼ + stars: | 2024-02-08 | by ( Alex Bitter | ) www.businessinsider.com time to read: +2 min

Aldi is reportedly testing checkout technology similar to Amazon's Just Walk Out at a store. The technology, from startup Grabango, has been used at a Chicago-area Aldi store since November. AdvertisementAldi is the latest retailer to add in-store technology that functions like Amazon's Just Walk Out checkout system. Like Amazon's Just Walk Out, Grabango's technology allows customers to download an app on their phone and add their credit card information. AdvertisementHave you visited the Aldi store in Aurora and have a story idea or insight to share?

Persons: — Organizations: Aldi, Retailers, Service, Amazon, Foods, Grabango, Business Locations: Chicago, Aurora , Illinois, Aldi's, North Carolina, Aurora

☆ I'm a Canadian snowboarder and just went to Niseko for the first time. The Japanese ski town was fantastic but didn't compare to Whistler.
▼ + stars: | 2024-02-02 | by ( Tammy Kwan | ) www.businessinsider.com time to read: +7 min

Even Whistler Blackcomb ski resort was only a two-hour drive from home — where the diverse terrain and charming village are world-famous and Winter Olympics-worthy for good reason. The ride in a private taxi to Niseko, Hokkaido took around two hours. Here are five reasons Niseko offered a better experience than Whistler, but why I would still choose the North American ski resort over the Japanese ski destination. Even if the snow in Whistler isn't as consistent, it surpasses the Japanese ski town for many reasons. We will probably make our way back to a different ski resort in Japan while living in Asia.

Persons: —, Niseko, Tammy Kwan, tempura, Sanga House Chalet Tammy Kwan, shabu, Tammy Kwan Onsens, Tammy Kwan I'm, Whistler Organizations: Service, Business, Tokyu, Niseko Tokyu, Sanga House Chalet, homecooking, Lucky Locations: Vancouver . Local, Singapore, Japan, Tokyo, Sapporo, Niseko, Hokkaido, Whistler, British Columbia, Sanga, Kutchan, Yotei, Asia, Vancouver, it's

☆ Squeezed by Soaring Rent, Small Shops Get Creative
▼ + stars: | 2024-02-01 | by ( Nina Roberts | ) www.nytimes.com time to read: +1 min

Last March, Emily Schildt opened Pop Up Grocer on a Bleecker Street corner in the West Village, selling artfully packaged condiments, beverages and other products made by small, emerging brands in a pay-to-play business model. Customers can buy artisanal hot sauces or zucchini chips from brands like Peepal People and Van Van that pay a fee to be on the shelves. Typically 150 to 200 brands are on display at a time, and some are replaced on a quarterly basis. One 27-square-foot space in the West Village, an affluent neighborhood in Manhattan, was recently listed for $5,000 a month. But some ambitious entrepreneurs are experimenting with business models, like charging shelf fees or selling wholesale to make ends meet.

Persons: Emily Schildt, Van Van, Ms, Schildt, “ That’s Organizations: Peepal Locations: Bleecker, West, New York, Manhattan

☆ 8 things to pack for a Disney vacation and 3 to leave behind, from a travel planner who's been to the parks over 40 times
▼ + stars: | 2024-01-31 | by ( Kari Becker | ) www.businessinsider.com time to read: +6 min

Read previewAfter going to Disney World over 40 times, I've become quite the packing professional. If you've spent any time in the Orlando area, you know it will most likely rain during your Disney trip. My favorites are the rose-gold Minnie ears, but I've been eyeing the Haunted Mansion and It's a Small World ones for a while. Kari BeckerYou can pay for almost everything at Disney World with Disney gift cards, including dining, merchandise, and resort charges. I love this aspect of Disney World because it means there are wonderful dining options with upscale food that are still family-friendly.

Persons: —, I've, I'm, you've, Kari Becker I've, fanny, Kari Becker It's, Mickey, Minnie, Kari Becker, Alberts, you'll Organizations: Service, Disney, Business, Disney Genie, Magic Kingdom, Floridian, Yacht Locations: Orlando, River, Victoria

☆ Walmart plans to add more than 150 large-format stores across the U.S.
▼ + stars: | 2024-01-31 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +2 min

An exterior view of a closing Walmart store in Everett. A Walmart store in Everett, Washington, announced its closure and is currently in a liquidation sale. The company plans to build or convert more than 150 large-format stores over the next five years, it said Wednesday. About 90% of the U.S. population already lives with 10 miles of a Walmart store. Walmart's store expansion was first reported by the Wall Street Journal.

Persons: Josh Havens, John Furner Organizations: Walmart, Sam's, U.S, Walmart U.S, Wall Street Locations: Everett, Everett , Washington, U.S

☆ Opinion | Running for President Is Not a Hobby
▼ + stars: | 2024-01-31 | by ( Gail Collins | ) www.nytimes.com time to read: 1 min

No, it’s not about how to get your kids Taylor Swift tickets in Tokyo. My news is that Dean Phillips is not going to run as a third-party candidate for president. OK, you’re thinking that you’ve had more thrilling news from the grocer on banana prices. People there were a tad piqued by the Democrats’ decision to move the first official party vote to South Carolina. Despite all that rancor, Phillips, who, unlike President Biden, was on the ballot, got about 24,000 votes to Biden’s nearly 80,000 write-ins.

Persons: Taylor Swift, Dean Phillips, “, you’ve, Phillips, Biden Organizations: New, Democrats Locations: Tokyo, Minnesota, New Hampshire, South Carolina

☆ Walmart announces 3-for-1 stock split as shares hover below all-time high
▼ + stars: | 2024-01-30 | by ( Jacob Pramuk | ) www.cnbc.com time to read: +1 min

Walmart announced a three-for-one stock split on Tuesday as the retailer's shares sit just below their all-time high. Walmart said it chose to break up shares in part to allow more employees to buy into its stock purchase plan. Walmart shares rose about 1% in extended trading. Walmart shares have climbed about 5% this year. The stock split comes as Walmart tries to boost employee benefits and loyalty.

Persons: Doug McMillon Organizations: Walmart, CNBC PRO Locations: U.S

☆ An Israeli airstrike on the Syrian capital killed at least 4 Iranian advisers, state media say
▼ + stars: | 2024-01-20 | by ( ) www.cnbc.com time to read: +5 min

An Israeli strike on the Syrian capital on Saturday destroyed a building used by the Iranian paramilitary Revolutionary Guard, killing at least four Iranians, Syrian and Iranian state media reported. Iranian state television said four advisers from the Revolutionary Guard had been killed in the strike in Damascus, without identifying them, adding that Israel was behind the strike. Last month, an Israeli airstrike on a suburb of Damascus killed Iranian general Seyed Razi Mousavi, a longtime adviser of the Iranian paramilitary Revolutionary Guard in Syria. Iranian and Syrian officials have long acknowledged Iran has advisers and military experts in Syria, but denied there were any ground troops. Earlier this month, a strike said to be carried out by Israel killed top Hamas commander Saleh Arouri in Beirut.

Persons: Israel, Nour, Sadegh Omidzadeh, Hajj Gholam, Rami Abdurrahman, Khaled Mawed, Seyed Razi Mousavi, Bashar Assad, Bashar Assad's, Saleh Arouri Organizations: Iranian, Revolutionary Guard, Quds Force, Hajj, Syrian, Human Rights, Security, Windows, Associated Press Locations: Wafideen, Damascus, Syria, Israeli, Syrian, Iran, Mazzeh, Venezuela, South Africa, Israel, Gaza, Beirut, Golan, Lebanon, Red

☆ Proposed Kroger, Albertsons merger will take more time to close as scrutiny continues
▼ + stars: | 2024-01-15 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Supermarket chain Kroger's proposed acquisition of rival Albertsons is now expected to close in the first half of Kroger's fiscal year 2024 instead of early this year. Kroger, Albertsons and C&S Wholesale Grocers said they are in "active and ongoing dialogue" with the Federal Trade Commission and individual state attorneys general, according to the joint statement. In a bid to close the proposed $24.6 billion deal, Kroger agreed in September to divest 413 stores and eight distribution centers to C&S for $1.9 billion. With regulatory approval, the merger may require C&S to purchase an additional 237 stores from Kroger and Albertsons, Kroger said last year. Washington state's attorney general filed a lawsuit Monday seeking to block the proposed merger, calling it "harmful" for shoppers and workers.

Persons: Rodney McMullen, Kroger, —, Elizabeth Warren, Bernie Sanders, Alexandria Ocasio, Cortez Organizations: Albertsons, Antitrust, Consumer, Capitol, S Wholesale Grocers, Federal Trade Commission, Kroger, Safeway, Acme, Washington, & $ Locations: Washington, Sens, Alexandria

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