Stew Leonard's president and CEO explained that while store margins are down, the chain sees 'positive signs' around sticker shock prices and supply chain disruptions.
, which, according to Leonard, has been divided amongst the supermarket and its suppliers.
Stew Leonard's president and CEO discussed"positive signs" from production costs and the supply chain on"Mornings with Maria" Thursday, June 30, 2022. "Costs obviously have blown up; we've seen it in labor, you've seen the fuel costs… For us to get products to the store from different farms and things, it's costing the truckers more money to do that," the CEO explained. "So we're splitting this up with our suppliers and ourselves."
To make the most of your money at the grocery store, Leonard recommended shoppers buy local, look for specials and prep and cut produce at home. "If you want to really splurge and get a fancier grind like the filet mignon burger or rib eye burger, it's going to be like five bucks," Leonard pointed out. "But you know what? You look at five bucks and compare it to what you spend out there at a restaurant, or at another hamburger place, and they're like 10 or 15 bucks. So we're seeing customers today starting to cook at home.
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