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Mamdani’s Grocery Stores Will Offer 30 Percent Discount on Some Products
The New York Times • • business
Key Points:
- Mayor Zohran Mamdani announced that city-owned grocery stores will offer a 30 percent discount on basic groceries such as vegetables, meat, bread, and milk.
- The city plans to select private operators to run five city-owned stores, one in each borough, with the city covering construction, rent, property taxes, and providing operating subsidies.
- Discounts will apply to a "core basket" of healthy groceries including produce, meat, seafood, pasta, bread, yogurt, butter, nuts, rice, and beans, while other products will be sold at regular prices.
- Mamdani emphasized the goal of providing price stability for New Yorkers, stating that grocery shopping should not be a source of financial stress.
