NYC is spending $70 million on 5 city-run grocery stores that will… | HappeningNow.news

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

New York City is moving closer to launching its effort to counter food inflation by opening five city-run grocery stores.

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New York City is moving closer to launching its effort to counter food inflation by opening five city-run grocery stores. Mayor Zohran Mamdani announced in May 2026 that the first store would open in the Hunts Point neighborhood of the South Bronx in 2027, with another in East Harlem to follow. 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 .

Read original at Fortune

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