![]() area on Monday, June 20, and recorded the prices of 15 items. ![]() Reporters visited 10 grocery stores in the L.A. The Times set out to survey prices of common grocery items at 10 grocery chains in the Los Angeles area on the same day, to offer a snapshot of a typical, basic grocery haul and explain the factors behind grocery pricing. “Everyone has their ecosystem of where they shop and how they shop,” said Michael Swanson, Wells Fargo’s chief agricultural economist. But prices fluctuate daily - sometimes hourly - and with many of us choosing stores that are near our homes or workplaces, it can be hard to know how prices at our local grocery store compare with the many others out there. That means shoppers have lots of options, and the potential for big savings. ![]() Southern California is the nation’s largest and most competitive market for the grocery industry, with $48.6 billion in annual sales. Flickinger III, managing director of retail consulting firm Strategic Resource Group. “This is the worst price inflation since President Nixon was in office,” said Burt P. Experts blame supply chain headaches, high fuel and labor costs, a new strain of avian flu that has led to the deaths of millions of chickens, the Russian invasion of Ukraine and the persistent drought in California for contributing to the price increases. ![]()
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