SpartanNash Reveals How They Keep Egg Prices Down
Egg Prices have soared across the US, with the average cost of a dozen at $8 and above. Grocery wholesaler and retail store operator SpartanNash is doing everything to keep customer costs down. SpartanNash’s CEO Tony Sarsam spoke to Jim Cramer in the CNBC edition of Mad Money, explaining how they try to contain egg prices. Also Read: Apple Stock Price Prediction: What Will AAPL Be Worth in 2035? “Eggs have been a little bit of a challenge the last two years,” Sarsam said. “It is a constant, constant effort to kind of get the right pricing,” he said. Sarsam revealed that egg prices soared due to a highly contagious and deadly avian bird flu which affected chickens. The flu led to higher costs making retailers like Trader Joe’s and Costco put limitations on consumers’ egg purchases. Also Read: 2 U.S. Stocks To Invest $2,000 Today SpartanNash Retail Outlets: Here’s How They’re Trying to Make Egg Prices Affordable Source: Pixabay The avian bird flu, which lasted for near...