Billionaire supermarket CEO: Buy now, food inflation will only get much worse
John Catsimatidis says food prices could increase 20% by summer.
Source: fox5atlanta.com
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John Catsimatidis says food prices could increase 20% by summer.
John Catsimatidis says food prices could increase 20% by summer.
John Catsimatidis says food prices could increase 20% by summer.
John Catsimatidis, the billionaire owner and CEO of New York City supermarket chain Gristedes, warned that food inflation could rise by 20 percent this summer.
John Catsimatidis, the billionaire owner and CEO of New York City supermarket chain Gristedes, who is also in the oil industry, reacted to U.S. President Biden buying oil from Russian President Vladimir Putin.