German grocery giant Aldi is set to purchase a pair of U.S. supermarket chains. The company announced Wednesday (Aug. 16) it would acquire Winn-Dixie and Harveys Supermarket from owner Southeastern Groceries. “Like Aldi, Winn-Dixie and Harveys Supermarket have long histories and many loyal customers in...
Getting products into Whole Foods just got more expensive, as the national supermarket chain is raising prices for suppliers. According to The Wall Street Journal, the move comes after Whole Foods slashed prices on its products last year when it was acquired by Amazon. It’s...
Target recently announced it has lowered its prices on thousands of items, a news report which resulted in its stock price falling more than 3 percent. In a company blog post, Target noted it has put its “prices and promotions under the microscope.” “We want our guests...
Supermarket prices rose about 1 percent in July in the United Kingdom, the second straight month prices have increased, which seems to suggest more fallout from the U.K.’s controversial Brexit vote to leave the European Union. According to a Reuters report, the cost of 35 “popular”...
February 11, 2024
President Joe Biden wants snack food companies to end the practice of shrinkflation. That is the term for when businesses reduce the size of a product without a complementary reduction in prices. In a pre-Super Bowl video message posted to X Sunday (Feb. 11), Biden called on companies to end the practice, which he called a “rip-off.” […]
August 16, 2023
German grocery giant Aldi is set to purchase a pair of U.S. supermarket chains. The company announced Wednesday (Aug. 16) it would acquire Winn-Dixie and Harveys Supermarket from owner Southeastern...
February 09, 2018
Getting products into Whole Foods just got more expensive, as the national supermarket chain is raising prices for suppliers. According to The Wall Street Journal, the move comes after Whole...
September 08, 2017
Target recently announced it has lowered its prices on thousands of items, a news report which resulted in its stock price falling more than 3 percent. In a company blog post, Target...
