Grocery Prices at Tipping Point…

Confident consumers have swallowed higher supermarket prices so far this year, but the risk of indigestion is growing. For companies that make staple goods, asking for more money is delicate. On Wednesday, the world’s biggest food company Nestlé NSRGY 1.19% …

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Billionaire Supermarket Owner Warns: Food Prices Will Go Up ‘Tremendously’… Paul Tudor Jones Says Inflation Worse Than Feared; Biggest Threat To Society…

via ET: The owner of a New York City supermarket chain predicted the food prices will increase sharply in the coming months, with some increasing 10 percent in the next two months. John Catsimatidis, the billionaire supermarket owner of Gristedes and D’Agostino Foods, …

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