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Planet Money

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Planet Money

NPR

Business, News

4.629.8K Ratings

🗓️ 16 July 2022

⏱️ 25 minutes

🧾️ Download transcript

Summary

Wait, wait...don't throw that out! What if much of what you've been told about food expiration dates is... wrong? | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

Transcript

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0:00.0

This is Planet Money from NPR.

0:07.0

In the grocery world, there are certain store items that are always tricky to sell before

0:16.6

it's too late.

0:17.6

Ah, probably the red meat.

0:19.8

And that's like because there's expiration dates on red meat.

0:22.6

You know what, it starts turning colors and there's a date and the color.

0:26.0

Yeah, the meat color.

0:27.6

You know, when the meat starts to turn a little grey, mm-hmm.

0:30.7

And there's not much you can do with that.

0:32.2

Like, if people don't buy it.

0:34.3

This is Corey Thompson.

0:35.7

He started working as a box boy when he was in high school.

0:38.4

Then 16 years later, he bought the store, called it Corey's Valley Market.

0:43.0

It's in Cili Lake, Montana.

0:44.6

For Corey, trying to fight the meat color clock is one of the most painful parts of being

0:51.0

a store owner.

0:52.0

Sometimes if we catch it soon enough, we can mark it down a little bit, try to sell it, but

0:55.2

yeah, some of it just goes in the garbage.

0:58.0

Yep, it sucks.

1:00.7

This is what's called shrink in the grocery world.

1:03.4

It's the amount of food that comes in the door that doesn't get sold.

1:06.6

It's just thrown in the trash or people steal it.

...

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