-
Survey: Majority of New Yorkers would shop at Walmart
NEW YORK — Walmart's efforts to open in New York City were helped last week when a new poll, released Friday, found that New Yorkers would shop at Walmart if one opened in the city.
According to the Quinnipiac University poll, 68% of New Yorkers said that if it were convenient for them, they would shop at Walmart. That is compared with 29% who said they would not.
Nearly identical numbers of people said the chain's lower prices would eat into small business sales.
-
Report: Food prices see biggest jump since 1974
NEW YORK — Food prices reached peak levels last month, according to the Labor Department's Producer Price Index.
The index noted that the month of February experienced a surge of 3.9% in food prices, the largest increase since a 4.2% climb reported in November 1974. PPI also noted that about 70% of the February rise can be attributed to higher prices for fresh and dry vegetables, which jumped 48.7%.