Leading into the midterm elections in 2022, it's increasingly looking like the prices you see on grocery store shelves will play an outsized role in voter sentiment. Social media, for example, is already replete with complaints from consumers who see grocery prices spiking precipitously. President Biden's opponents are likewise circling, apparently smelling blood. And in what's perhaps the strongest indication that this isn't a blip or a minor issue, the FTC in recent days announced that it's opened an investigation into some of these issues.
What's going on here is related, in part, to some much bigger forces at work -- including supply chain disruptions, as well as record-high inflation. In recent days, the largest US grocery store chain (Kroger) also confirmed it's raising prices on certain items. Passing along some of its higher costs to consumers, even while the chain's profits have increased recently.
The post This leading grocery store is raising prices on select items appeared first on BGR.
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This leading grocery store is raising prices on select items originally appeared on BGR.com on Mon, 6 Dec 2021 at 18:08:53 EDT. Please see our terms for use of feeds.