Trader Joe’s has hiked up the price of one of its most popular products: bananas. The national grocery chain recently increased the price of its banana from 19 cents to 23 cents — a major change in the sense that this is the first time the market has increased the price of the fruit in more than 20 years.
“We only change our prices when our costs change, and after holding our price for bananas at 19¢ each for more than two decades, we’ve now reached a point where this change is necessary,” a TJ’s spokesperson told CNN.
