* Mayor Mamdani’s plan for NYC grocery stores promises 30% off staples. * Standard grocers only markup staples by 5-15%. * To hit a 30% discount, the city will sell items below wholesale cost. * It’s funded by waiving store rent and using public subsidies. Here's a comparison breakdown;
AhadMamdani announces 30% price cut on staples at NYC-run grocery stores. Mamdani says grocery prices have risen roughly 30% since 2019 while wages have lagged, leaving many New Yorkers struggling to afford food.