The good news, for cashews, is that they’ve recently become a lot more popular than other tree nuts like pistachios and walnuts (sorry, pistachios and walnuts). But the bad news, for consumers, is that that spike in popularity is putting a strain on the global cashew supply, which could cause an uptick in prices for consumers. [More]
Despite an ongoing drought in New England, Maine’s wild blueberry growers have found themselves with a bumper crop of berries on their hands this year. That could translate to cheaper prices for consumers cruising the grocery store for fresh produce. [More]
While it’s not entirely unheard of to see prices listed in euros stateside, a new federal class action lawsuit claims that retailer Zara’s practice of doing so — and allegedly making up its own exchange rate — has tricked shoppers into paying more than they should.
The cost of a life-saving EpiPen from drug maker Mylan increased as much as 600% in just nine years. That’s simply too much, lawmakers say, with some legislators now calling on the pharmaceutical giant to drop its price immediately, while others are pushing for a congressional hearing on the matter. [More]
In some cities, Uber customers can choose to get a ride with UberPool, which allows users to share a car with strangers who are traveling along (or close to) their route. It looks like the ride-hailing company is trying to nudge folks toward selecting that option, with a new test of an “upfront pricing” feature that displays prices for both UberPool and the more expensive option, UberX. [More]
When you’re in the supermarket and see a big, loud “Lower Price” sticker covering up an everyday price and showing a discount of anywhere from $.20 to $5, you’d expect that the price being covered up would be the original, higher amount. That’s why some Aldi shoppers are confused about why the discounted price on the sticker is the same as the price it’s covering up. [More]
If you’re planning on heading to California on Feb. 7 to catch the Super Bowl showdown between the Denver Broncos and the Carolina Panthers, be ready to have your bank account sacked. Tickets for the big game are currently selling for record-high prices.
While we’re used to naming our own price for, say, a flight or a hotel using aservice like Priceline or Hotwire, it’s not every day that a clothing retailer gives customers the chance to choose what they’ll pay for apparel. Online-only retailer Everlane is giving shoppers the opportunity to pick from a few price tags for certain items in order to move overstock, but there is one small catch. [More]
Before McDonald’s big announcement on Tuesday that it would roll out all-day breakfast across the country starting next month, we wondered if the fast food giant would scrap its plans because of egg shortages caused by the recent avian flu outbreak and the high egg prices that have resulted from it. While we now know that the Golden Arches wasn’t put off by the possibility of dishing out more cash for eggs, its new venture could further aggravate the egg-supply issues plaguing other businesses. [More]
When looking for the best deal on electronics consumers used to flock to a little chain called Best Buy, but over time Amazon – with the growing convenience of shopping from home, speedy deliveries and discounts – has crowded into the electronic store’s customer pool. Now, after years of playing catchup, it appears that Best Buy has closed the pricing gap with its online rival. [More]
Does your wallet feel a bit lighter after paying for your morning cup of Starbucks coffee? It just might (unless, of course, you used the company’s order-ahead mobile app or any other form of payment besides cash), and that’s because the coffee chain has once again raised its prices for many drinks. [More]
Just weeks after a legislator voiced concern that a shrinking airline industry has perpetuated potential anti-competitive behavior aimed at keeping the price of airfare high, the Department of Justice revealed it is looking into the possibility of collusion between airlines.
New York City officials accused Whole Foods of overcharging customers in the “the worst case of mislabeling” investigators have seen, a man filed a lawsuit against the upscale food purveyor. He’s seeking damages because he claims he bought several mispriced packages at the stores over the last three years.
It seems some of that infamously fuzzy Target math finally caught up with the retailer, as the company has agreed to pay $3.9 million to settle a false-advertising lawsuit brought by prosecutors in California.