Grocery price inflation in the UK has hit its highest level in 10 years, data company Kantar has revealed. The cost of groceries is now 5.2 percent higher than it was a year ago, and the price inflation over the latest four weeks is the highest since April 2012, according to the latest data. As…
Inflation Speeds Up Again in January; Overdoses Cost U.S. Economy $1T Per Year: Rpt | NTD Business
Inflation has followed us into 2022, big style. The CPI shows prices are rising at the fastest pace in 40 years. We visited a grocery chain to see what’s going on. The biggest crypto exchange in the world becomes the biggest owner of iconic Forbes magazine, launching crypto further into the spotlight. Drug overdoses are…
60,000 Bees Stolen From Grocery Company’s Pollinator Field
CARLISLE, Pa.—Nearly 60,000 bees have been stolen from a grocery store company’s field in Pennsylvania, the company said. The bees were said to be stolen in Carlisle between Jan. 28 and Jan. 30, Pennlive.com reported Wednesday. In a statement, the Giant Company’s community impact manager, Jessica Groves, said that the bees were an essential part…
Amazon Must Adhere to UK Supplier Rules after Grocery Turnover Tops 1 Billion Pounds
LONDON—Amazon’s food retail business in Britain faces increased regulation after the competition watchdog said rules setting out how grocers should treat their suppliers will now apply to the U.S. giant. The Competition and Markets Authority (CMA) said on Wednesday that due to Amazon’s increasing activity in the UK grocery sector it must now comply with…
US Grocery Shortages Deepen as Pandemic Dries Supplies
High demand for groceries combined with soaring freight costs and Omicron-related labor shortages are creating a new round of backlogs at processed food and fresh produce companies, leading to empty supermarket shelves at major retailers across the United States. Growers of perishable produce across the West Coast are paying nearly triple pre-pandemic trucking rates to…
More Pain for British Consumers as Grocery Prices Rise
LONDON—British grocery prices increased 1.7 percent in the four weeks to Oct. 3 year-on-year, market researcher Kantar said on Tuesday, adding to pressure on households already facing soaring energy bills. With inflationary pressures mounting in the British economy, one Bank of England policymaker on Saturday told households to get ready for early interest rate rises….
Amazon Opens Its Largest-Yet Cashierless Grocery
By Katherine Anne Long From The Seattle Times Amazon’s long-awaited Fresh grocery store in Bellevue, Wash., opened Thursday to crowds—and a twist. The company revealed in a surprise announcement earlier this week that the store is the company’s first full-size Fresh grocery equipped with cashierless technology, powered by a vast array of motion-aware ceiling cameras…
Police: 1 Killed, 2 Wounded in Shooting at NY Grocery Store
WEST HEMPSTEAD, N.Y.—A gunman shot three workers inside a manager’s office at a Long Island grocery store Tuesday, killing one of them, police said. A manhunt was underway for the gunman, who had also worked at the store, said Nassau County Police Commissioner Patrick Ryder. The shooting happened around 11 a.m. inside an office upstairs…
Kroger Closes 2 Stores in California City That Required ‘Hero Pay’
Grocery chain Kroger said it closed down two California stores Saturday after the Long Beach City Council approved a COVID-19-related “hero pay” ordinance that increased wages by $4 per hour. The pay increase, mandated in January, was for workers who were employed at pharmacies and retail stores with 300 or more employees in the Southern…
Suspect in Wisconsin Grocery Warehouse Killings Identified
OCONOMOWOC, Wis.—A man suspected of killing two co-workers at a Wisconsin grocery distribution warehouse before fatally shooting himself was a 41-year-old from suburban Milwaukee, a law enforcement official said Thursday. Waukesha County Sheriff’s Office Lt. Nicholas Ollinger identified him as Fraron Cornelius, of Wauwatosa. Police said the suspect died from a self-inflicted gunshot wound Wednesday…
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