Mark Matheny
February 21, 2011
credit to george4title
http://www.surviveandthrivetv.net
Sign Up for the Latest Updates!
I've been covering the story of closing grocery stores in California for a few months. This Albertsons was due for a 24th closure and I thought nothing of whipping out the camera and shooting the footage for my audience. Isn't important to share this information? Apparently management at this store are on edge about negative information getting out to the general public. Security escorted me out and then continued to follow me as I ordered a bottle water from a local donut shop. They continued to follow me for the next hour as I walked from shop to shop.
SoCal food prices hit 2-year high
http://www.ocregister.com/articles/ye...
Southern California consumers had to dig deeper into their pockets in January mostly due to food prices which hit a two-year high, the U.S. Bureau of Labor Statistics reported today.
Overall, the Consumer Price Index in the Orange County-Los Angeles-Riverside area rose 0.9% in January and was up 1.8% over the last 12 months. (Click on chart to enlarge.)
ADVERTISEMENT
More from Economy
Credit tips: Stopping bill collector calls
O.C. rent hikes could be reality in 2011
Horrors! Office sandwich quality declines
Nationwide, consumer prices increased 0.4% for the month and 1.6% over the last year.
SoCal food and beverage costs jumped 0.8% in January following a hefty 0.7% monthly increase in December. Year-over-year food and beverages prices were up 2.1% in January, the highest annualized increase since April 2009.
The rise in energy prices is also hitting consumers. Local transportation costs were up 4.1% in the last year with unleaded gasoline alone rocketing 10% over January 2009.
And motorists already know things have gotten worse since January. A gallon of unleaded gasoline costs $3.495 a gallon on average today, up from $2.937 a year ago, according to the AAA Fuel Gauge Report.
Albertsons said this week it would close its Pomona store, along with its Riverside and Sun City locations, adding to the list of recent closures by major grocery chains in the Inland Empire.
Ralphs at Fourth Street and Vineyard Avenue in Ontario is ceasing operations by late spring. A decade-old Vons in La Verne shuttered last month.
http://www.sbsun.com/business/ci_1704...
grocery stores albertsons vons ralphs winco fresh and easy trader joes target super walmart food prices inflation hyperinflation cooking crisis economic economy "ron paul"
http://www.surviveandthrivetv.net
Sign Up for the Latest Updates!
I've been covering the story of closing grocery stores in California for a few months. This Albertsons was due for a 24th closure and I thought nothing of whipping out the camera and shooting the footage for my audience. Isn't important to share this information? Apparently management at this store are on edge about negative information getting out to the general public. Security escorted me out and then continued to follow me as I ordered a bottle water from a local donut shop. They continued to follow me for the next hour as I walked from shop to shop.
SoCal food prices hit 2-year high
http://www.ocregister.com/articles/ye...
Southern California consumers had to dig deeper into their pockets in January mostly due to food prices which hit a two-year high, the U.S. Bureau of Labor Statistics reported today.
Overall, the Consumer Price Index in the Orange County-Los Angeles-Riverside area rose 0.9% in January and was up 1.8% over the last 12 months. (Click on chart to enlarge.)
ADVERTISEMENT
More from Economy
Credit tips: Stopping bill collector calls
O.C. rent hikes could be reality in 2011
Horrors! Office sandwich quality declines
Nationwide, consumer prices increased 0.4% for the month and 1.6% over the last year.
SoCal food and beverage costs jumped 0.8% in January following a hefty 0.7% monthly increase in December. Year-over-year food and beverages prices were up 2.1% in January, the highest annualized increase since April 2009.
The rise in energy prices is also hitting consumers. Local transportation costs were up 4.1% in the last year with unleaded gasoline alone rocketing 10% over January 2009.
And motorists already know things have gotten worse since January. A gallon of unleaded gasoline costs $3.495 a gallon on average today, up from $2.937 a year ago, according to the AAA Fuel Gauge Report.
Albertsons said this week it would close its Pomona store, along with its Riverside and Sun City locations, adding to the list of recent closures by major grocery chains in the Inland Empire.
Ralphs at Fourth Street and Vineyard Avenue in Ontario is ceasing operations by late spring. A decade-old Vons in La Verne shuttered last month.
http://www.sbsun.com/business/ci_1704...
grocery stores albertsons vons ralphs winco fresh and easy trader joes target super walmart food prices inflation hyperinflation cooking crisis economic economy "ron paul"
No comments:
Post a Comment