Price increases when demand exceeds supply are textbook economics. The question is whether, and how much, the pandemic yielded an excess take.
Category: Supermarkets and Grocery Stores
PepsiCo Chip Sales Drop as Prices Sting
PepsiCo reports in its earnings that people are buying fewer salty snacks from its Frito-Lay brands. It’s not the only food company that is seeking to lure back consumers stung by high prices.
FTC Sues to Block Kroger-Albertsons $24.6 Billion Grocery Store Merger
The regulator is trying to stop the largest supermarket merger in history, arguing that the deal would eliminate competition and raise prices for consumers.
Will Food Prices Stop Rising Quickly? Many Companies Say Yes.
Food companies are talking about smaller price increases this year, good news for grocery shoppers, restaurant diners and the White House.
Prices for Some Goods Are Actually Falling This Holiday Season
As inflation slows, prices for some physical goods are falling outright, which could lift consumers’ spirits.
Facial Recognition Spreads as Tool to Fight Shoplifting
British merchants are increasingly using the technology to combat shoplifting, raising questions about its spread as artificial intelligence rapidly improves it.