Grocery prices in the United States cooled in August, up just 0.2% for the month. That’s an improvement from July, when grocery prices were up 0.3%, according to the latest Consumer Price Index, released Wednesday.
Former Tyson Foods executive Stewart Glendinning will be the new CEO of clothing company Express, replacing Timothy Baxter, effective September 15, the company announced.
Last week, a pair of furniture retailers said they are experiencing a massive sales drop compared to last year. The end of stay-at-home pandemic trends and a housing market slump are playing a role.