Tag: Kroger

The Grocery Store Giants Behind Rising Food Costs

The Grocery Store Giants Behind Rising Food Costs

This year, rising inflation burdened Americans with soaring costs of living. To make matters worse, grocery store goods’ prices have risen faster than inflation. Despite recent data reporting that inflation has risen 7.7% in 2022, the prices for grocery store goods are up by 13%. Meanwhile, food prices have only increased by 8.5% in the adjacent, more competitive restaurant industry.

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