Worst inflation ‘in 40 years.’ ShopRite operator talks spiking costs, supply chain woes

Some supermarket shelves began 2022 empty, victim to many of the supply chain issues that have plagued retailers since the beginning of the pandemic. Then came spiking inflation, a nationwide cause for concern that’s dominated headlines in recent months. Prices continue to surge on everything from meats and canned goods to milk and produce. ShopRite operator Wakefern Food Corp., which had $17.8 billion in sales last fiscal year, has navigated the pandemic by investing in automated checkout lanes and robot delivery carts that reduce labor costs, said Chris Lane, Wakefern’s executive vice presid…

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