Giant stores end item pricing in price war move
Giant Food Inc switches to shelf price displays and scanner checkout, cutting prices on thousands of items to boost sales but hurting profits. The policy sparks a regional price war with Safeway A&P and Grand Union, drawing consumer groups and mixed reactions from rivals and analysts.
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Washington
UPI
Giant Food Inc
Giant
Safeway
A&p
Grand Union
D.C
Maryland
Virginia
Mid-Atlantic
Barry Scher
Sandra Willet
National Consumers League
Miss Willet
Donald R. Buchanan
Willet
Buchanan
Schnuck’s Markets
St. Louis
Madelyn Tatum
Schnuck’s
Schnuck's
Scher
Tatum
Tim Hammonds
Food Market Institute
Hammonds
Washington, D.C
Hospital costs soar as aging population drives bills up
The nation faces 15 to 16 percent annual hospital cost growth driven by an aging population and greater access. Daily charges average $350 for a semi private room with seven day stays totaling about $2,450, projected to rise to $2,800 in five years. Third party payers cover most costs, leaving taxpayers bearing a large burden and prompting calls for cost controls and reforms.
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David Edwards
Edwards
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