(posted late march 2024)
Well it took 20 years but Trader Joe’s decided to finally raise the price of one of it’s most popular products, and the internet became abuzz with this new.
https://www.usatoday.com/story/money/food/2024/03/26/trader-joes-bananas-price/73102762007
Trader Joe’s raised the price for BANANAS. They raised the price 20%. For the last 20 years Trader Joe’s has sold bananas individually at 19 cents each.
They’ve stayed 19 cents for 20 years!
However Trader Joe’s decided to raise the price of bananas from 19 cents to 23 cents (regular bananas) with Organic bananas, which were 25 cents for the same amount of time, now costing 29 cents each. Yes, this price increase looks small but this does work out to about a 20 per cent price hike. Inflation is supposedly down to 3 or 4%. So its a noticeable jump as most people who buy say 5 bananas at a time will be at least 20 cents more for them.
One more sign of inflation. As if we needed another one, right?
One Trader Joe’s spokesman said due to inflation they have finally had to raise the prices due to cost increases. Street vendors in New York City sell them usually 4 for $1 (25 cents each) Trader Joe’s used to undersell the guys on the street but now they are about the same price. I may buy them from them now, we’ll see.
Trader Joe’s Rants & Raves (mostly raves, a few rants) 
Mar 28, 2024 @ 15:05:11
Why isn’t anyone talking about the shrink-flation on their Sparkling Water. The bottle now selling in our area just shrunk from 42.3 oz (1.25 liter) to 33.8 oz (1 liter) for the same price. Think of all the extra plastic this will generate … in my opinion this is a bad move. Rather see a small increase like the banana then a major change like this. Time to look elsewhere for sparkling!!
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Mar 28, 2024 @ 17:17:39
Wow, thanks for pointing this out. I didn’t know they did that. Yes Shrinkflation is occurring everywhere including Trader Joe’s and they think we won’t notice.
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