Trader Joe's, known for its affordability, is breaking a long-standing tradition by raising banana prices for the first time in over two decades.
Trader Joe's is doing something it hasn't done in more than 20 years: raising the prices of bananas. The grocery store company said the price of one banana is $0.23 instead of $0.19. Company officials said prices change only when costs change. The $0.19 banana became a popular deal, even making it on the store's customer choice awards winners' list. Industry experts said the price of the fruit could continue to rise due to climate change.
weather agency has sounded a "red alert" about global warming, citing record-smashing increases last year in greenhouse gases, land and water temperatures and melting of glaciers and sea ice, and is warning that the world’s efforts to reverse the trend have been inadequate.The World Meteorological Organization said there is a "high probability" that 2024 will be another record-hot year.
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