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Grocery Shoppers Pivot As Inflation Reshapes Spending Grocery Shoppers Pivot As Inflation Reshapes Spending
Grocery Shoppers Pivot As Inflation Reshapes Spending As inflation continues to strain household budgets, consumers are scaling back purchases of both name-brand and private-label snacks and drinks.  TreeHouse Foods, a leading manufacturer of private-label products for major retailers like Walmart and Trader Joe’s, is now feeling the pinch, according to a report by The Wall Street Journal.  After initially benefiting from consumers shifting toward budget-friendly options, TreeHouse is now seeing slower sales growth as rising costs for essentials like coffee and eggs impact spending, the outlet said. Once a growth driver, private-lab…

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by Joe Lombardi
Business
Major Grocers Putting Limits On Egg Carton Purchases Major Grocers Putting Limits On Egg Carton Purchases
Major Grocers Putting Limits On Egg Carton Purchases Egg shortages are hitting grocery stores nationwide, prompting retailers to impose limits on how many cartons customers can buy. Major chains, including Trader Joe’s, Costco, and Whole Foods, have restricted egg purchases as supply chain disruptions and an ongoing avian flu outbreak send prices soaring.  Some locations are limiting customers to one or two dozen eggs per visit in an effort to prevent stockpiling and ensure availability for more shoppers. What’s Behind Egg Shortages? The latest bird flu outbreak has severely impacted egg production, with millions of chickens culled to …

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by Joe Lombardi
Business
Wegmans Cracks Down On Rising Egg Costs With Super Low Prices Wegmans Cracks Down On Rising Egg Costs With Super Low Prices
Wegmans Cracks Down On Rising Egg Costs With Super Low Prices If you’ve been to the grocery store lately, you might have felt some serious sticker shock in the egg aisle. Prices are climbing fast, but Wegmans is vowing to keep costs from scrambling out of control. The grocery chain, known for its loyal following and high-quality selections, says it’s holding the line on egg prices even as costs soar across the country.  "With supply fluctuating nationwide, prices are rising due to avian bird influenza and strong demand," reads a blurb on the Wegmans website in the "eggs section.  "Our New York state supplier takes every precaution to ensure…

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by Cecilia Levine
Business
Record-High Egg Prices Likely To See New Increases: What To Know Record-High Egg Prices Likely To See New Increases: What To Know
Record-High Egg Prices Likely To See New Increases: What To Know Across the country, grocery shoppers are facing sticker shock and empty shelves as egg prices continue to skyrocket.  Once an affordable staple, eggs have become increasingly expension -- and sometimes, even difficult to find — and the situation is only expected to worsen. The surge in egg prices is being driven by a combination of inflation and a devastating outbreak of avian influenza, better known as bird flu. The H5N1 virus, which made its way to the United States in 2022, has infected or killed millions of birds and infected many other animals In just the last three months, more…

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by Joe Lombardi
News
NY Times Columnist Mocked For Alleged $78 Meal At Newark Airport NY Times Columnist Mocked For Alleged $78 Meal At Newark Airport
NY Times Columnist Mocked For Alleged $78 Meal At Newark Airport A tweet by David Brooks, a conservative commentator who writes for the New York Times, complaining about the price of a meal at Newark Airport has gone viral, with some questioning its authenticity. Brooks lamented that his burger, fries and alcohol combo cost $78 in a post on  the X platform (formerly known as Twitter) that has been viewed almost 15 million times. This meal just cost me $78 at Newark Airport. This is why Americans think the economy is terrible. pic.twitter.com/1qeV9qOBL3 — David Brooks (@nytdavidbrooks) September 21, 2023 "This is why Americans think the economy is ter…

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by Sam Barron
Business
Russia's Invasion Of Ukraine Could Lead To Spikes In These Food Products In Addition To Oil Russia's Invasion Of Ukraine Could Lead To Spikes In These Food Products In Addition To Oil
Russia's Invasion Of Ukraine Could Lead To Spikes In These Food Products In Addition To Oil The Russian invasion of Ukraine is expected to cause a flux in the markets, sending the prices of energy and certain agricultural products through the roof as supply chains are further disrupted. Experts are expecting oil and gas prices to spike due to the European crisis, though some of Russia and Ukraine’s largest exports are expected to impact costs for other products overseas and stateside. Officials said that outside of energy, the price of products such as wheat, barley, corn, copper, and nickel are likely going to be on the rise as supply chains already impacted by the COVID-19 pande…

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by Zak Failla