Wednesday, January 12, 2022

The Daily Money: Why grocery stores still have empty shelves

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usatoday.com

The Daily Money
 
Wednesday, January 12

Hello, Daily Money readers, and happy Girl Scout Cookie season. It's me, Jayme Deerwester, back with you this Wednesday.

If you've been to a grocery store in the past week, you may have seen enough empty shelves to make you wonder if you'd traveled through time and space to a Moscow supermarket circa 1985. Shortages at grocery stores across the country have grown more acute in January as omicron continues to spread and winter storms have only worsened supply-chain struggles and labor shortages. The shortages being reported nationwide are widespread, impacting produce and meat as well as packaged goods such as cereal.

And then there's inflation, which has risen 7% to its highest level since 1982, which means your money couldn't buy as many groceries as it used to even if they were available.

On to today's ...

💡DAILY INSIGHT. 💡Selling Girl Scout Cookies "made me comfortable with being able to sell things and market myself," says Vallery Lomas, an attorney who capitalized on her love of confections by winning "The Great American Baking Show" and releasing a cookbook, " Life Is What You Bake It." She explains, "It is scary putting yourself out there because people can tell you 'No.' It's an important thing to learn."

No matter whether you are a member of Team Samoa, Thin Mint or Tagalong, you should find this news appetizing: starting in February, you can order Girl Scout Cookies through DoorDash and have them delivered to your home (provided you live in one of their selected areas). But even if your city is not on the list, you can still enjoy our history of how the coveted cookies went from cafeteria treat to national treasure.

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Bank of America slashes overdraft fees.  BOA  will cut the overdraft fees to $10 from $35 starting in May.

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🎶 MOOD MUSIC. 🎶 Today's song was a no-brainer. I have to go with Cookie Monster's masterpiece: "C is for cookie, that's good enough for me." (Today, I learned there is also a disco version.)

Shelves sit empty at a Walmart in Anchorage, Alaska, on Jan. 8, 2022. Shortages at U.S. grocery stores have grown in recent weeks.
Grocery stores still have empty shelves. Here's why.
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