Greenback Tree, a low cost selection retailer, has briefly given up on promoting eggs at its shops as a result of rising egg costs attributable to provide chain points and avian flu.
Regardless of the common value of a dozen Grade A eggs falling to $4.21 final month from a excessive of $4.82 in January, the low cost retailer has determined to pause offering eggs for patrons.
PA COUPLE’S ‘RENT-THE-CHICKEN’ BUSINESS BOOMS AS EGG PRICES SKYROCKET
“Our major worth level at Greenback Tree is $1.25. The price of eggs is presently very excessive,” firm spokesperson Randy Guiler stated.
Guiler says the shop will convey again the eggs when “prices are extra in keeping with historic ranges.”
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This modification will affect the grocery sections of about 8,000 Greenback Tree shops throughout america and Canada.
Retail costs are nonetheless up 55% over a 12 months in the past, in accordance with the patron worth index.
Egg costs might rise once more in April as a result of greater demand for eggs throughout Easter.
