Walmart and Costco Wholesale may soon be required to provide information on why their grocery prices are so high. Federal Trade Commission (FTC) Chair Lina Khan is pushing for an inquiry into the ongoing surge in grocery prices that started during the Covid-19 pandemic and that remains a hot topic in this year’s presidential election.

The FTC is coming after high grocery prices

Texas State

Walmart’s Zoom call in May was anything but routine for the roughly 300 employees who learned they would need to relocate or lose their jobs. Bloomberg, citing unnamed sources with knowledge of the situation that were on the call but not allowed to speak during it, said they were told during the meeting that Walmart would start requiring thousands of workers from its smaller offices and remote locations to move to one of its main office hubs to boost in-person presence.

Walmart employees were caught off-guard by the company’s mandate to relocate

Chesterfield, MO

The US Sun

THE Cheesecake Factory has confirmed that its location in a mall will be permanently closed in just weeks. Along with the beloved American chain, all the other mall stores will shutter as the shopping center shuts down for good. The Cheesecake Factory in Chesterfield, Missouri - around 25 miles from...

The Cheesecake Factory confirms mall location is closing in weeks as all stores are warned to leave ahead of demolition

New Jersey State

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Connecticut State

Capital Chronicles

Stop & Shop, a beloved grocery chain across the Northeast, has announced unexpected closures for 32 underperforming locations by the end of this year. This decision affects stores in New Jersey, Massachusetts, New York, Connecticut, and Rhode Island, with closures scheduled before November 2.

A well-loved grocery chain has confirmed that it unexpectedly closed some of its stores

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NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

A THRIFTY shopper shared a surprise grocery haul after her cart cost less than expected. With inflation pushing people to tighten belts, the shopper recommended Aldi to help with the crunch. Aldi is known for its affordable goods, but shopper Tabby shared just how cheap a load of groceries can...

Aldi shopper stunned after revealing $106 grocery haul and claims chain is more ‘affordable’ than Walmart and Target

Florida State

Edmond Thorne

The Florida AG Opened an Investigation into Complaints of Publix Price Gouging in April 2020. Now Publix is Caught Up Again As A Major Southeastern Grocer In A New FTC Pricing Investigation.

Publix & Other Grocers Now Being Investigated by FTC For Price Gouging After Customer Complaints

Smyrna, GA

A RETAILER has lost out to one of its rivals due to a push at checkout that is sending customers elsewhere. Janet Furgason from Georgia, took to Facebook to share how after several decades, she will no longer shop at Lowe’s. Her experience alone has been enough to see others flee the retailer. “I am […]

‘I will no longer be shopping at Lowes,’ customer says after being forced to use self-checkout thanks to store’s move

Walmart said inflation was flat in its latest quarter, and revenue growth came from selling more items and drawing more visits to its stores and website, rather than higher prices. Yet prices have remained high in some parts of the store, such as dry groceries and processed foods. Prices at...

Walmart says prices are coming down — except in one key area

Business Insider

Delivery workers for Instacart and Walmart's Spark say all the locked-up merchandise at stores means delivering orders on time is hard.

Some Walmart and Walgreens stores are locking up so much stuff that delivery workers are avoiding them

Trader Joe's has an army of fans who come in droves for the exclusive food items, quirky employees (they really do seem happy) and cheap groceries. To that last point, are Trader Joe's groceries really as good of a deal as they seem? As a professional food writer and semi-professional deal hunter, I wanted to get to the bottom and see how much I could save shopping at Trader Joe's.

Is Trader Joe's Really Cheaper Than Other Grocery Stores? We Did the Math

Las Vegas, NV

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Bellingham Metro News

LAS VEGAS, NEVADA - A magnitude 4.4 earthquake struck areas near Las Vegas on Tuesday night, according to the United States Geological Service (USGS). The quake, which occurred at 8:06 p.m., was centered approximately 45 minutes from Las Vegas, near Indian Springs.

Magnitude 4.4 Earthquake Shakes Areas Near Las Vegas

The Independent

 The head of the Federal Trade Commission wants to investigate whether grocery stores could do more to lower prices for Americans, as many shoppers continue to be shocked over their food bills. This month, FTC Lina Khan announced she would seek the investigation, during the first meeting of the Biden administration’s multi-agency Strike Force on Unfair and Illegal Pricing.Khan said that while the pandemic temporarily jacked up labor costs and caused supply chain disruptions, those constraints have eased, but “many items are still too costly, and many large grocery chains are still raking in enormous profits.”“We want to make...

FTC head wants investigation into grocery stores over inflated prices

Senators Elizabeth Warren and Bob Casey have sent a letter to Kroger CEO Rodney McMullen to request information about the company’s plans for use of electronic shelving labels. Kroger, like many grocery store chains, have increasingly been using Electronic Shelving Labels (ESLs) to dynamically price products, changing the price...

Lawmakers Request Additional Information Regarding Kroger’s Electronic Shelving Plans

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

A LOWE’S shopper slammed the hardware retailer’s self-checkout switch-up. The customer claimed the newly implemented self-checkout lines are “disastrous” and threatened to take his business elsewhere. An X user took to social media to share his experience at Lowe’s. The former customer claimed he had to wait a “drastically” long time to use the self-checkout […]

‘Disastrous,’ says Lowe’s shopper as he slams store’s checkout switch-up – the move has driven him to ‘mom & pop store’

Georgia State

Atlanta, GA

Daily Coffee Press

A 40-year-old man has been sentenced to over 28 years in prison for distributing significant amounts of fentanyl and other controlled substances to dealers in the Middle Georgia region. Authorities revealed that investigators uncovered evidence linking the drugs provided by the defendant, 40-year-old Lagary Williams, also known as "Frog," from Atlanta, to a fatal overdose.

Atlanta Man Sentenced to 28 Years for Supplying Deadly Fentanyl Linked to Fatal Overdose

CNBC's Jim Cramer on Tuesday offered his thinking on five stocks outside the Investing Club portfolio.

Tuesday's rapid fire: Home Depot, On Holding, Baxter, Hormel Foods and Micron

Ohio State

The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

'Mad Money' host Jim Cramer takes a closer look at Walmart's quarterly results.

Jim Cramer digs into Walmart earnings

NewsBreak

Kroger plans to lower prices by $1 billion after Albertsons merger closes

Kroger had previously promised to lower grocery prices by $500 million at Albertsons locations. Bloomberg News first reported the development earlier in the...

Kroger plans to lower prices by $1 billion after Albertsons merger closes

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