Urgent.News

What's breaking now, across thousands of outlets.

Business

Inside New Yorkers' hopes and fears over Mamdani's city-run grocery stores

NYC Mayor Zohran Mamdani plans to open five government-run stores. New Yorkers are skeptical about the plan — but they do want more affordable food.

New York Mayor Zohran Mamdani plans to open five city-run grocery stores by 2029, with a 30% discount on core goods. Phillip Grant, a former economic development executive and construction entrepreneur, is optimistic about his chances of becoming the operator of one of the stores. He is looking for a strategic partner in the city to help with the venture. The location of the stores has sparked concerns among existing vendors, who worry about competition from the city-run stores offering lower prices.

Written by urgent.news from Business Insider's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at businessinsider.com →

More in Business

More from Sunday 23 August →