Grocery Store CEO Discusses Tariff Impacts: A Lull Before the Storm

Reported 1 day ago

Stew Leonard Jr., the CEO of Stew Leonard's supermarket, shares insights on the current grocery market dynamics amidst US tariffs. While he reports brisk sales and a drop in egg prices, he also expresses concern over potential price increases from suppliers, particularly on imported produce like bananas and pineapples due to tariffs. Leonard emphasizes the need for volume sales and how they are currently holding prices steady, awaiting decisions from their suppliers in the upcoming weeks.

Source: YAHOO

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