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- Trader Joe's has raised the price of its bananas from 19 cents after more than 20 years.
- Its bananas now cost 23 cents each — an increase of 21%.
- Some businesses have been scrapping iconic price points, like $1 products at dollar stores and dollar slices at NY pizzerias.
Trader Joe's has ditched its 19-cent bananas.
The retailer is now selling bananas for 23 cents each, its website shows. This is a 20% increase from its previous price point, which it kept for over 20 years.