The Big Problem With Mamdani’s City-Run Grocery Stores In NYC
Grocery prices in U.S. urban areas have tripled over the past 40 years, straining household budgets, according to the U.S. Bureau of Labor Statistics. Zohran Mamdani, the Democratic winner of New York City’s mayoral primary, is proposing city-owned grocery stores to "keep prices low, not make a profit." These are not new concepts in the U.S. and have been tried in the past. CNBC visited two smaller cities in Kansas to see how this model operates and whether it could be replicated in larger cities.Chapters:
0:00: Introduction
1:42: Chapter 1 - How city-owned grocery stores work
3:38: Chapter 2 - Limited success
5:23: Chapter 3 - Will it work in big cities like NYC?
9:12: Chapter 4 - Alternative option?
Produced by: Anuz Thapa
Shot by: Jordan Wyatt
Edited by: Nic Golden Henry
Narration by: Jordan Smith
Graphics by: Jason Reginato
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images, publicmarkets.nyc
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to be your own boss? Sign up for Smarter by CNBC Make It's new online course, How To Start A Business: For First-Time Founders. Find step-by-step guidance for launching your first business, from testing your idea to growing your revenue. Sign up today with coupon code EARLYBIRD for an introductory discount of 30% off the regular course price of $127 (plus tax). Offer valid September 16 through September 30, 2025: https://cnb.cx/4gEgnhO
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC
#CNBC
Will City-Run Grocery Stores Make Food Cheaper? Receive SMS online on sms24.me
TubeReader video aggregator is a website that collects and organizes online videos from the YouTube source. Video aggregation is done for different purposes, and TubeReader take different approaches to achieve their purpose.
Our try to collect videos of high quality or interest for visitors to view; the collection may be made by editors or may be based on community votes.
Another method is to base the collection on those videos most viewed, either at the aggregator site or at various popular video hosting sites.
TubeReader site exists to allow users to collect their own sets of videos, for personal use as well as for browsing and viewing by others; TubeReader can develop online communities around video sharing.
Our site allow users to create a personalized video playlist, for personal use as well as for browsing and viewing by others.
@YouTubeReaderBot allows you to subscribe to Youtube channels.
By using @YouTubeReaderBot Bot you agree with YouTube Terms of Service.
Use the @YouTubeReaderBot telegram bot to be the first to be notified when new videos are released on your favorite channels.
Look for new videos or channels and share them with your friends.
You can start using our bot from this video, subscribe now to The Big Problem With Mamdani’s City-Run Grocery Stores In NYC
What is YouTube?
YouTube is a free video sharing website that makes it easy to watch online videos. You can even create and upload your own videos to share with others. Originally created in 2005, YouTube is now one of the most popular sites on the Web, with visitors watching around 6 billion hours of video every month.