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Supply Chain Issues

Business
Rise In Food Prices Goes Beyond Eggs: Here’s Rundown Rise In Food Prices Goes Beyond Eggs: Here’s Rundown
Rise In Food Prices Goes Beyond Eggs: Here’s Rundown Eggs are not the only food product seeing a sharp increase in prices. December grocery prices were nearly 28 percent higher than five years ago, reflecting how much harder families are finding it to manage their everyday expenses, The Wall Street Journal reports.  According to Labor Department data, grocery prices surged 1.8 percent year-over-year in December, marking the fastest increase in over a year, The trend started just after the COVID-19 pandemic began in 2019, mainly due to pandemic-related supply chain issues. According to a Trace One analysis of US Bureau of Labo…

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by Joe Lombardi
Business
Shoplifting Costs Retailers Billions: These Are Most Frequently Stolen Items Shoplifting Costs Retailers Billions: These Are Most Frequently Stolen Items
Shoplifting Costs Retailers Billions: These Are Most Frequently Stolen Items Shoplifting in the US is a costly epidemic, with retailers losing over $120 billion last year. The trend focuses on easily concealed, high-demand products at major retailers like Walmart and Target, posing a nationwide challenge for store owners and law enforcement. Electronics, health and beauty products, and food items are among the most commonly stolen goods, Capital One Shopping reports.  Small gadgets such as headphones and phone chargers, alongside over-the-counter medications and cosmetics, are frequent targets.  Alcohol, baby formula, and packaged meats are also popular …

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by Joe Lombardi
News
'Our Number One Jewel': Atlantic City Aquarium Reopening Delayed Again, Renovations Wrapping Up 'Our Number One Jewel': Atlantic City Aquarium Reopening Delayed Again, Renovations Wrapping Up
'Our Number One Jewel': Atlantic City Aquarium Reopening Delayed Again, Renovations Wrapping Up Significant progress has been made in renovating the Atlantic City Aquarium but the long-delayed reopening has been pushed back once again, officials said. The North New Hampshire Avenue aquarium is now expected to reopen in December, Mayor Marty Small Sr. said at a news conference on Monday, Sept. 30. Earlier in the year, the city twice announced the facility would reopen in September and right before the Fourth of July. The renovations have faced many delays due to funding and supply chain issues, along with crews discovering worse conditions than previously expected l…

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by Chris Spiker