NYC is spending $70 million on 5 city-run grocery stores that will price essentials 30% below retail — and bodegas are fighting back

1. Fortune FIRST 42m ago NYC is spending $70 million on 5 city-run grocery stores that will price essentials 30% below retail — and bodegas are fighting back

   Five stores, one in each borough, are unlikely to substantially change grocery prices in a city with nearly 1,000 supermarkets and more than 8 million inhabitants.

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