Markets · 1 sources covering this

Grocery Stores Feel Crunch of Fuel, Labor Costs Ahead of Memorial Day

Stew Leonard Jr., president and CEO of Stew Leonard's, said that customers are still buying food ahead of Memorial Day celebrations, but they're also complaining about the squeeze they feel when they go to the store. Leonard said that while he believes fuel prices will eventually come down once conflict in the Middle East is resolved, labor costs for the store will remain high, making it difficult to keep prices from going up. (Source: Bloomberg)

Share:X WhatsApp Reddit Facebook LinkedIn Open ↗

Coverage spectrum

1 L · 0 C · 0 R

How 1 sources are covering this

BloombergLean L·1h ago
Grocery Stores Feel Crunch of Fuel, Labor Costs Ahead of Memorial Day
Stew Leonard Jr., president and CEO of Stew Leonard's, said that customers are still buying food ahead of Memorial Day celebrations, but they're also complaining about the squeeze they feel when they go to the store. Leonard said that while he believes fuel prices will eventually come down once conflict in the Middle East is resolved, labor costs for the store will remain high, making it difficult to keep prices from going up. (Source: Bloomberg)
Read at Bloomberg →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://statesidedaily.com/embed/cluster/4b18379c1e8f51c41d5bedfdff11502785e926e3"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="Grocery Stores Feel Crunch of Fuel, Labor Costs Ahead of Memorial Day"></iframe>

Grocery Stores Feel Crunch of Fuel, Labor Costs Ahead of Memorial Day

How 1 sources are covering this