costs

Key Points: Albertsons is implementing strategies to mitigate the impact of rising ingredient costs on goods from vendors, according to CEO Susan Morris. The grocery chain is analyzing cost increases to ensure alignment between parties, with consideration for alternate suppliers…

Key Points: Hershey plans to increase candy prices by double digits due to unprecedented cocoa costs affecting top brands. The price hikes are unrelated to tariffs or trade policies. Although cocoa prices have decreased from record highs, they remain elevated…

There is a rapid shift in consumer behavior, driven not only by inflation fatigue but also by increased price sensitivity, declining optimism, and a strong focus on seeking value. This shift is evident in the comparison of consumer sentiment from…

Key Points: The Campbell’s Company is collaborating with suppliers in Italy to minimize the impact of tariffs on its Rao’s brand of premium pasta sauce and other products, as stated by EVP and CFO Carrie Anderson during a June 2…

President Donald Trump has decided to increase steel and aluminum tariffs to 50%, a move that has packaging manufacturers concerned about the impact on the food industry. Despite a recent court ruling blocking many tariffs, Trump’s decision aims to protect…

Keurig Dr Pepper Offers Limited-Time Discounted Subscription Model for K-Cup Pods Keurig Dr Pepper has introduced a special discounted subscription model for its Keurig K-Cup pods in an effort to boost sales during a challenging time for the coffee industry.…

Valentine’s Day chocolate boxes and truffles will come at a higher price this year as confection makers pass on the increased cocoa costs to consumers who are already paying more for their favorite sweets. According to an analysis by cryptocurrency…