Why are grocery store shelves empty? Billionaire supermarket CEO says ‘multiple choice of items' to blame

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 53%

United States Headlines News

United States Latest News,United States Headlines

Gristedes CEO John Catsimatidis told 'Mornings with Maria' omicron, weather and oil prices are wiping out supply at grocery stores.

On Monday he told FOX Business' Dagen McDowell the omicron variant poses an entirely different threat to U.S. supply.

"So, what's happening in our country is omicron is keeping a lot of people home in the Midwest and a lot of places, taxing the ability of warehouses to stock the product, load the product and put it on the trucks that deliver to the stores," he said. "Now what's going on? There's a shortage of truck drivers, so it creates an entire system of problems.

Empty shelves at Trader Joe's Soho location in New York City. Monday, Jan. 10, 2022. Source: Kaitlyn Germain "We're fully stocked," he said. "But stores in the rest of the country are in deep trouble because you drive around, and you see half the shelves are empty. And that's a serious problem, and it's caused by people staying home from omicron, the weather now and the prices are going up."

Catsimatidis predicted that food prices will only continue to increase and considered high inflation a tax on the lower middle class since "they’re the ones paying the price."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

If you know the answer to why shelves are empty - fix it

USA Deaths-------Cases 874,321------67,631,191 from the Trump Virus CA--78,178----6,896,026 TX--77,596----5,630,976 FL--63,090----5,089,226 NY--62,465----4,665,446 PA--38,619----2,474,466 IL---32,532----2,589,640 GA--31,997----2,148,464 OH--30,922---2,403,645

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ADALend's CEO Kaspars Koskins Explains Why Cardano Is Superior to EthereumKaspars Koskins, CEO of ADALend_finance, explains why Cardano is better than Ethereum, Solana for dApps ADALend ADALend_finance
Source: Utoday_en - 🏆 295. / 63 Read more »

The Putin Puzzle: Why Ukraine? Why Now?Even dictators have domestic political considerations, and Putin has a long history of using an aggressive foreign policy to bolster his standing in Russia. Portanto eu trarei sobre os humanos um duro tratamento,Trarei sobre eles o que eles mais temem.Porquanto Eu chamei,e ninguém sequer esboçou resposta ; preguei e ninguém deu ouvidos.Praticaram o mal diante da minha pessoa e escolheram fazer tudo quanto me desagrada profundamente!” Because he's Putin. That's what he does he would be Hitler of WW3
Source: WSJ - 🏆 98. / 63 Read more »

How to close the wealth gap, according to a Fortune 100 Black woman CEOAs one of only 2 Black women CEOs in the Fortune 500, I'm often asked about how to close the US's racial wealth gap. The key is helping people save for retirement. Believing in you was never what I had in mind giving it a try was , but you came out being legit thanks mariadbates2 The very same people who create and perpetuate poverty with their race-hustling and exploitation of Black people want the world to believe that they are the saviors. Marxist tradition liberal democracy is a communist a racket... 作为《财富》500强中仅有的两位黑人女性CEO之一,我经常被问及如何缩小美国的种族贫富差距。关键是帮助人们为退休储蓄。
Source: BusinessInsider - 🏆 729. / 51 Read more »

DAZN Rejigs Leadership, Appoints Shay Segev as Sole CEODAZN Group has rejigged its leadership structure, appointing Shay Segev as its sole CEO. Segev joined the sports streamer in June 2021. Prior to DAZN, he was the CEO of Entain, a FTSE 100 company, … your journalists work for the first masons
Source: Variety - 🏆 108. / 63 Read more »

Atlanta transit leader CEO Jeffrey Parker dies by suicide at train stationJeffrey Parker led the Metropolitan Atlanta Rapid Transit Authority during a time of expansion and then during the pandemic. why he commit suicide? Jumped in front of a train. You never really know what's going on with people. This is so sad!
Source: CBSNews - 🏆 87. / 68 Read more »

ERCOT interim CEO coming to Allen to field questions about the reliability of Texas’ gridThe Electric Reliability Council of Texas’ interim chief executive officer is coming to Allen on Jan. 24 to field questions from residents about the agency’s...
Source: dallasnews - 🏆 18. / 71 Read more »