United States | News & Politics

The city’s publicly owned grocery stores will offer a 30 percent discount on basics, Mayor Zohran Mamdani announced on Monday. One of his key campaign promises to tackle affordability, the mayor plans to establish five city-run food stores, one in every borough, as a way to bring down food costs, the first model of its kind in the United States. A collection of essentials, including all fresh produce, meat, and seafood, will be priced 30 percent below typical retail prices. Other basics like cheese, milk, and bread will be 20 percent off, with other products priced at market rate.

According to the mayor, the five NYC Groceries stores will set prices for the core set of goods once a month. The savings will last for the full month, meaning “no fluctuations or sticker shock” at check-out, Mamdani said during a press conference on Monday. A sticker with a QR code will be found on all essential items so shoppers can scan on their phones and see how much it costs.

The discounted prices could add up to savings of $90 per month, or $1,000 per year, according to the city.

The city plans to open the first municipal grocery store next year at a new development in the South Bronx. As 6sqft previously noted, the 20,000-square-foot store will be located at The Peninsula, a redevelopment of the former Spofford Juvenile Detention Center in Hunts Point into a mixed-use complex with 740 affordable apartments