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Grocery stores including Whole Foods, Trader Joe's, and Costco are limiting how many eggs you can buy

10 February 2025 at 13:26
A Whole Foods shopper picks out a carton of eggs during a national shortage.
A Whole Foods shopper picks out a carton of eggs Monday amid national supply difficulties.

Dominick Reuter/Business Insider

  • Egg prices are at record highs as US supply issues worsen.
  • Grocery retailers, including some Costco and Trader Joe's locations, are limiting egg purchases.
  • More than half of shoppers in a recent survey said they've seen shortages or out-of-stock notices for eggs.

This might not be the week to try your hand at making a soufflΓ©.

Some grocery retailers are now limiting shoppers' egg purchases as US supply challenges push egg prices to record highs.

Business Insider saw signs at stores including a Costco in New Jersey, a Trader Joe's in New York, a Kroger-owned Metro Market in Wisconsin, and a Whole Foods in Wisconsin informing shoppers of limits on the number of eggs shoppers could buy, with all four citing supply issues.

A Trader Joe's spokesperson told BI the company was limiting customers to one carton per customer per day at all stores nationwide.

"We hope these limits will help to ensure that as many of our customers who need eggs are able to purchase them when they visit Trader Joe's," the spokesperson said.

Egg limits at Trader Joe's and Costco
Egg limits at Trader Joe's and Costco.

Natalie Musumeci/BI (Trader Joe's); Spriha Strivastava/BI (Costco)

The Costco location limited shoppers to 3 egg cartons. The Wisconsin store, a Metro Market location run by Kroger, asked customers to limit themselves to two packages each.

A nearby Whole Foods was limiting customers to three packs.

A sign on a refrigerator door at Whole Foods reads: "We are currently experiencing difficulty sourcing eggs that meet our strict animal welfare standards. For now, we're limiting purchases to 3 cartons per customer."
A sign at Whole Foods limiting egg purchases

Dominick Reuter/BI

Spokespeople for Costco, Kroger, and Whole Foods did not respond to requests for comment.

Meanwhile, a representative for Texas-based grocer H-E-B said it remains in good supply and is working to manage costs to keep prices affordable.

A Target store in Wisconsin that BI visited wasn't limiting how many eggs patrons could buy, but signs on low-stock shelves informed customers that the chain is "actively seeking additional supply" and apologized for the inconvenience. Target did not respond to a request for comment.

A sign hanging on an empty shelf meant to store eggs reads: "We are currently experiencing high demand and supplier shortage for eggs. We are actively seeking additional supply. We apologize for any inconvenience."
A sign at a Target store explains the shortage of eggs on the shelf

Dominick Reuter/BI

More examples have been posted by US shoppers on social media.

A spokesperson for Walmart told BI that the retail giant hasn't instituted a national limit on eggs, except for the 60-count package, which is now limited to two per transaction. Walmart sells one in five eggs sold in the US, according to market research firm Numerator.

More than half of shoppers surveyed by Numerator said they've seen shortages or out-of-stocks for eggs at stores across the US.

The shortages were most pronounced in cities and in the Western US, with BJ's, Costco, Target, Trader Joe's, and Publix among the most affected brands, according to Numerator.

More than 70% of shoppers told Numerator that egg prices are "somewhat or very expensive" in their area.

The new policies come after numerous instances of shoppers buying up cartloads of eggs, apparently in response to the ongoing bird flu outbreak that has contributed to a lower supply of eggs.

Several videos have gone viral showing Costco shoppers clearing a pallet of eggs within minutes, and BI last week observed one Target shopper purchase a cart full of approximately 30 dozen eggs and nothing else.

If you are an egg shopper who wants to share your perspective, please contact Dominick via email or text/call/Signal at 646.768.4750.

Read the original article on Business Insider

The Nordstrom family struck a deal to take their namesake department store chain private. Here's how they built their retail empire.

23 December 2024 at 09:36
a two-story Nordstrom in a mall shows the upper landing with the store name while a young mother and child walk in through the lower entrance.
Nordstrom is slated to become a private company in 2025, it said on Monday.

Saul Loeb/Getty Images

  • Nordstrom's founding family is taking the retail chain private with help from a Mexican retailer.
  • Bruce Nordstrom, whose grandfather started the department store in 1901, died in May.
  • Here's how Nordstrom grew from a single location in Seattle into a fashion empire.

The descendants of John W. Nordstrom are taking the eponymous department store chain private.

Nordstrom's great-grandsons Pete and Erik, who are now the company's President and CEO, respectively, are working with cousin Jamie Nordstrom, the company's chief merchandising officer, and Mexican retailer El Puerto de Liverpool to purchase the company at $24.25 per share, the group said on Monday. The deal gives Nordstrom an enterprise value of $6.25 billion and should be completed in the first half of 2025, the group said.

Earlier this year, Pete and Erik's father, Bruce, died at the age of 90 after a long career with the company.

The grandson of founder John W. Nordstrom, Bruce was instrumental in bringing the retailer to international prominence in a career that spanned four decades.

Here's how the Nordstroms built their empire from a single shoe store in Seattle to one of the biggest names in fashion retail.

Nordstrom was founded as a shoe store by John W. Nordstrom and Carl F. Wallin in Seattle in 1901.
Nordstrom 4
A Nordstrom sign showing the year the company started.

Shutterstock

Two decades later, the partners opened a second store in Seattle's University District.

John Nordstrom retired in 1928 and sold his share to his sons Everett and Elmer.
Nordstrom 3
A Portland, Oregon, Nordstrom store in 2015.

Shutterstock

Wallin retired soon after and sold his share of the company to the Nordstrom sons too. John's third son, Lloyd, later joined the team.

John Nordstrom's sons focused on expanding into women's clothing.
nordstrom 0680
Mannequins at a Nordstrom department store.

Business Insider/Jessica Tyler

Nordstrom purchased the Seattle-based clothing store Best's Apparel in 1963. Three years later, the company purchased a Portland, Oregon-based clothing store and began offering both shoes and apparel under the name Nordstrom Best. The company added men's and children's apparel in 1966.

In 1968, the three Nordstrom brothers handed the company over to the next generation.
bruce nordstrom 3
Bruce Nordstrom.

Getty Images

Everett's son Bruce, Elmer's sons James and John, Lloyd's son-in-law Jack, and family friend Bob Bender became the new heads of the company. The third generation of Nordstrom chairmen took the company public in 1971, formally renaming it Nordstrom Inc.

The first Nordstrom Rack opened in the basement of the downtown Seattle store in 1973.
Nordstrom Rack
A Nordstrom Rack location in New York.

Business Insider/Mary Hanbury

That same year, the company became the largest-volume fashion specialty store on the West Coast, with sales surpassing $100 million. The chain continued to expand throughout the next several decades.

In 1995, Nordstrom's third generation handed the reins over to the fourth.
Blake, Pete, Erik, and Jamie Nordstrom smile for camera at Nordstrom store opening
Blake, Pete, and Erik Nordstrom in 2007.

John Wilcox/MediaNews Group/Boston Herald via Getty Images

The elder Nordstroms retired as co-chairmen, but remained on the Board of Directors, and Bruce's sons, Blake, Pete, and Erik, took over the company in 1995.

Bruce's oldest son Blake became co-president in 1995.
blake nordstrom
Blake Nordstrom.

Vince Talotta/Toronto Star via Getty Images

Blake began working in the family business when he was about 11 years old. His first role with the company was in the stockroom, and he went on to hold many positions with the company, including merchandise buyer, regional manager, and then vice president in charge of stores in Washington and Alaska.

Erik Nordstrom worked for his older brother in various positions at the company as the two rose through the ranks together.
Blake Erik Nordstrom
Blake and Erik Nordstrom.

Getty Images

"It was always the best working for my brother because he had more confidence in me and gave me more autonomy than anybody I had ever worked for," Erik Nordstrom said in his father's 2007 book, "Leave It Better Than You Found It."

Bruce returned as chairman in 2000, retiring for a second time in 2006.
Bruce Nordstrom
Bruce Nordstrom.

Getty Images

Bruce and his sons were credited with turning the company around after several years of underperformance by non-family leadership.

Throughout the 2000s, Nordstrom partnered with fashion brands like Façonnable, Topshop, HauteLook, and Jeffery.
nordstrom 0657
A store display of Topshop apparel and accessories.

Business Insider/Jessica Tyler

In 2014, the company started expanding internationally. It opened stores in Canada and the US territory of Puerto Rico.

Nordstrom opened its first menswear-only store in 2018 and a flagship womenswear store in 2019.
Nordstrom men's
Nordstrom's menswear shop.

Business Insider/Mary Hanbury

The concept combined in-store services, such as tailoring, shoe shining, and food, with high-tech digital ordering and returns systems.

Blake died in 2019 at the age of 58, passing control of the company to his brothers.
Blake Nordstrom stands with arms resting on racks of clothes at Nordstrom Rack
Blake Nordstrom at a Nordstrom Rack in 2018.

Vince Talotta/Toronto Star via Getty Images

"Blake was the best big brother, friend and mentor anyone could ever ask for," Pete and Erik Nordstrom said in a note to employees. "One of the things that brings us some comfort is that Blake's values, character and passion can still be reflected in what this company does β€” how we treat each other, our customers and our communities. Building on that is the best way we can think of to honor his legacy."

In April, Pete and Erik revealed that the company was exploring options to go private.
Erik and Pete Nordstrom stand in front of Nordstrom backdrop during red carpet event
Erik, left, and Pete Nordstrom in 2012.

Frank Franklin II/AP

In regulatory filings, the brother said they had not yet received any financing commitments to complete such a deal.

In May, Bruce died at his home at the age of 90.
Bruce Nordstrom2
Bruce Nordstrom in 2018.

Getty Images

Nordstrom died on May 18.

"Our dad leaves a powerful legacy as a legendary business leader, a generous community citizen and a loyal friend," Pete and Erik said in a statement.

In December, Erik, Pete, and other Nordstrom family members reached a deal to take the company private.
Erik Nordstrom gestures while speak inside Nordstrom store
Erik Nordstrom in 2019.

Shannon Stapleton/Reuters

The deal with Mexican retailer El Puerto de Liverpool was developed over several months. Once completed, the Nordstrom descendants will own 50.1% of he department store chain, with the other 49.9% in the hands of Liverpool, Nordstrom said on Monday.

Jessica Tyler contributed to an earlier version of this story.

Read the original article on Business Insider

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