Grocery Stores Caught in a Pinch

TODAY’S STORY

Given the ever-rising cost of groceries, the growing number of specialty stores like Luke’s Local that sell premium-priced items seems paradoxical.

But that’s exactly what’s happening in markets like San Francisco.

High-profile closures, including the city’s largest Whole Foods and the Fillmore District Safeway, have dominated the headlines. Meanwhile, the number of homegrown specialty markets opening in San Francisco is surging.

This contrast reflects broader trends in the industry.

• Budget-conscious shoppers are increasingly turning to big-box retailers like Costco for their weekly grocery runs

• At the same time, consumers are opting for specialty markets when they want a little treat

The result? Traditional grocery stores are feeling the squeeze from both sides.

OUR PICKS

Here are today’s recs to help you live a smarter life…

1. Take your home garden to the next level.

Featuring a ladder design that allows unobstructed sunlight, this plant rack accommodates more than 7 pots, making it an ideal decorative piece for organizing your plant collection. Suitable for both indoor and outdoor use. 44% off for a limited time.*

2. Allows for convenient charging.

This nightstand has 1 USB port, 2 outlets, and 1 Type-C port. Vintage wooden grain shelves blend black fabric and metal frame, making it a timeless classic.*

3. The ultimate device for a healthy life :)

Meet the ultimate sports and adventure watch. Advanced features for runners, cyclists, swimmers, hikers, divers, and more. Rugged titanium case, now available in satin black.*

#SHORTS

PPP fraud is ‘worst in history’

@boringbusinesskieran

PPP fraud is ‘worst in history’ ✂️🗂️ #business #economy #sba #covid19 #ppp #ppploan #fraud

Watch on: TikTok, YouTube, Instagram

PREVIOUS STORIES

• AI Data Centers Go Nuclear — Microsoft’s AI needs so much power that it’s restarting the site of the worst U.S. nuclear accident.

• How Walmart is Winning in China — Walmart keeps posting revenue growth in China while others falter.

• Fed-Up Gig Workers Fight Back — Gig workers earned less on average in 2024, despite working more hours.

• The Case for Eliminating Coins — How ditching coins could boost tax revenue.

• Gen Z is becoming the “Toolbelt Generation” — More young people are ditching college and picking up skilled trades.

To read the web version of previous stories, click here.

If you have any comments or feedback, just respond to this email.

Thanks for reading,
Kieran & Justin Ryan