Supply chain issues causing grocery store prices to skyrocket

LOU SANTONI OF SANTONI’S MARKETPLACE AND CATERIN DID MORE PITSVO THAN A GUARD DURING THE PANDEMIC BUT DECENT PROBLEMS WITH DISTRIBUTORS FORCED HIM TO INCREASE PRICES WITHOUT MENTIONING A NAME. IANT WON A SUPPLIER WHO FOR FOUR WEEKS IN A ROW WAS NOT EVEN TO DELIVER TOS. IT IS TRUE. HE CANNOT EVEN HAVE THE GOODS DELIVERED. SOMETIMES HAVE TO PUT ITS OWN TRUCKS TO WAREHOUSES TO PICK UP PERISHABLE FOODS TO RETURN TO THE STORE FINALLY SENDING THE PRICES UP TO THE HEIGHT. SOMETIMES YOU GET A LITTLE BREAK AND YOU GET A WIN FOR THE BREAK AND YOU GET A WIN FOR WEEK E OR TWO THAT YOU SEE SOME MAY BE REACHING PRICES DROP. EROVALL TREND THAT IS THAT PRICES WILL INCREASE AND THEY WILL CONTINUE TO INCREASE. SO WHY IS IT HAPPENING ECONOMIST ARNIBAN BASU OF THE SAGE POLICY YSSA GROUP IT ALL COMES TO JOB MATTERS. THIS IS A LOT OF LACK OF FOOD PRODUCING WORKERS AND ALSO A LACK OF TRUCK DRIVERS TO DRIVE FOOD AND THEREFORE ONE OF THE THINGS WE SEE IS A PARTICULARLY SIGNIFICANT PRICE INCREASE FOR THESE TYPES OF FEEDING ‘A BTOE REFRIGERATOR, BUT SUE CURRENTLY SAYS FOR EVERY 83 UNEMPLOYED AMERICANS THERE ARE HUNDRED JOB CENTERS. HE SAYS, DESPITE THE WAGES, CONTINUING TO INCREASE INFLATION TO HIGHEST IN SEVERAL DECADES KEEPING THE VALUE OF THESE HIGHER WAGES LOWER. THERE WAS THIS NIONOT THAT AFTER SEPTEMBER 6 SOME OF THESE EXTENDED AND EXTENDED FEDERAL UNEMPLOYMENT INSURANCE BENEFITS AND ALL SUDDENLY WE SEE THESE RUSSIANS LOOKING FOR WORK THAT IS NOT THE CASE AND IT IS NOT THE CASE AFTER FOR A TIME IS AVERAGE AS THE SANTONI MARKET WILL TRY TO KEEP PRICES LOW AS MUCH AS THEY CAN. THIS IS AN AFRICAN JUMP AND I THINK IT IS GOING TO BE I THINK IT IS TO STAY A LITTLE TIME. SOOW H LONG THIS LAST THAT MANY ECONOMISTS BELIEVE DURING SUMMER 2002 AT LEAST TO GET MORE PEOPLE INTO THE ETH SUPPLY CHAIN ​​SHOULD HELP REDUCE SOME OF THE STRESS BUT REALLY THE TIME TELLS IT. WE ARE LIVE AT GLENDON TON

Grocers have noticed an increase in prices, especially for staples like meat, fresh fruits and vegetables. From big box stores to independent grocers, like Santoni’s Marketplace and Catering in Glyndon, all are feeling the pinch because of supply chain issues. Getting people to work in warehouses to get food to stores has caused the prices of many items to skyrocket. According to economists and those on the front lines of the grocery store, there doesn’t seem to be any relief in sight. Lou Santoni, owner of Marketplace and Catering, has made more pivots than a leader throughout the pandemic, but recent issues with distributors have forced him to raise prices. “It’s really everywhere,” Santoni said. “Without naming a name, I have a supplier who, for four consecutive weeks, could not even deliver to us. Santoni said he couldn’t even get the goods delivered. Sometimes he has to send his own trucks to warehouses to pick up perishable food to take back to the store, which ultimately drives up the prices. two that you can see the meat prices go down, but the general trend is that the prices are going to go up and they are going to keep going up, ”Santoni said. Rossen Reports: ‘Shrinkflation’ hits grocery stores, your favorite foods Rossen Reports: Free apps to save money as grocery store prices skyrocket Economist Anirban Basu, of the Sage Policy Group, said it all boiled down to employment problems. truck drivers to drive food, and so one of the things we see is, in particular, big price increases for these types of food that need to be refrigerated, ”Basu said. Basu said, currently, for 83 unemployed Americans. , there are 100 job offers. He said that despite the continued rise in wages, inflation at decades-long highs is keeping the value of those higher wages at a lower level. Suddenly we would see this influx of people looking for work. It hasn’t, and it hasn’t been for some time, ”Basu said. Meanwhile, grocers like Santoni will try to keep prices down as much as they can. “It’s been a big leap and I think it’s going to be here to stay for quite a while,” Santoni said. working in the supply chain should alleviate some of the stress, but only time will tell.

Grocers have noticed an increase in prices, especially for staples like meat, fresh fruits and vegetables.

From big box stores to independent grocers, like Santoni’s Marketplace and Catering in Glyndon, all are feeling the pinch because of supply chain issues. Getting people to work in warehouses to get food to stores has caused the prices of many items to skyrocket.

According to economists and those on the front lines of the grocery store, there doesn’t seem to be any relief in sight.

Lou Santoni, owner of Santoni’s Marketplace and Catering, has made more pivots than a leader throughout the pandemic, but recent issues with distributors have forced him to raise prices.

“It’s really everywhere,” Santoni said. “Without naming a name, I have a supplier who, for four consecutive weeks, couldn’t even deliver to us.”

Santoni said he couldn’t even get the goods delivered. Sometimes he has to send his own trucks to warehouses to pick up perishable food to take back to the store, which ultimately drives up the prices.

“Sometimes you’ll have a little bit of a break, and you’ve won for a week or two, you might see the meat prices go down, but the general trend is that the prices are going to go up and they’re ‘going to keep going up.’ , said Santoni.

Economist Anirban Basu, of the Sage Policy Group, said it all comes down to employment issues.

“It has been very much about the lack of workers to produce food and also the lack of truck drivers to drive the food, and so one of the things we are seeing is, in particular, the steep price increases for those types of foods that need to be refrigerated, ”Basu said.

Basu said that currently, for every 83 unemployed Americans, there are 100 job openings. He said that despite the continued rise in wages, inflation at decades-long highs is keeping the value of those higher wages at a lower level.

“There was this idea that after September 6, when some of these extended federal UI benefits expired, all of a sudden we would see this rush of people looking for jobs. “wasn’t, and it wasn’t. In fact for a while,” Basu said.

Meanwhile, grocers like Santoni will try to keep prices as low as possible.

“It’s been a big jump and I think it’s going to be here to stay for a long time,” Santoni said.

Economists believe the situation will last at least until the summer of 2022, as getting more people in the supply chain back to work should alleviate some of the stress, but only time will tell.

About Erick Miles

Avatar

Check Also

Guests step out for Taste of Hoover at Aldridge Gardens

Several hundred people gathered at Aldridge Gardens on October 7 for the Taste of Hoover …

Leave a Reply

Your email address will not be published. Required fields are marked *