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37°
Thursday, feb 27
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Labor Cost
Business
These Foods Expected To See Biggest Price Increases This Year, USDA Says
As consumers navigate the aisles in 2025, the cost of food remains a pressing concern. The US Department of Agriculture (USDA) has released its 2025 Food Price Outlook, forecasting trends that will shape grocery store receipts and restaurant bills in the months ahead. What’s Ahead for Food Prices? According to the USDA, overall food prices are expected to rise by 2.2 percent in 2025. While this is comparable to 2024’s rate, it remains slower than the historical average. However, variations in price changes across different food categories could impact consumer spending habits. Groce…
Business
Guerriero Gelato Shutters Flagship North Jersey Location
Guerriero Gelato is continuing to downsize. A month after announcing the closure of its location in Morristown, the gelateria announced it will be closing its Montclair location in October after 10 years. "This is very emotional for us," the company wrote on social media. "This was the first shop we built out ourselves. We made friendships that will last a lifetime." The eatery said while the Montclair store remains popular, they cannot keep up with rising taxes, rent, cost of living, labor and food. "We hope that we can all make progress against the ridiculous cost of living a…