prices

Senator Maggie Hassan has reached out to major retailers such as Albertsons, Kroger, Walmart, Costco, and Dollar General to gather information on how the recent increased tariffs on imported steel and aluminum by the Trump administration could impact stores, suppliers,…

Key Takeaways: The implementation of a 50% tariff on imported steel by the Trump administration has the potential to raise canned food prices by 9% to 15%, as per the Consumer Brands Association. The trade organization has warned that as…

Key Takeaways: Recent surveys show that consumers are now more willing to pay higher prices for eggs compared to earlier in the year. The percentage of people willing to pay over $5 per dozen eggs has nearly doubled since January,…

The issue of determining retail prices using the “cost of goods plus markup” formula has always been a delicate balancing act. However, in the current era of tariffs, this balancing act has become even more challenging. Since January, trade policies…

Key Points: Consumer egg prices reached a record high last month despite the fading bird flu outbreaks that had limited supply. In March, the average cost of large, grade A eggs was $6.23 per dozen, marking a 5.9% increase from…

Key Points: The USDA reported that negotiated wholesale prices for graded loose eggs have been decreasing due to the absence of significant outbreaks of bird flu in March. Demand for shell eggs has dropped as grocers are not promoting egg…

The CEO of Mondelēz International, the company behind Cadbury, is optimistic that consumers will continue to indulge in chocolate despite rising cocoa prices leading to higher costs for the popular treat. Chocolate manufacturers have raised prices significantly due to supply…

Both Mondelēz International and Hershey have issued warnings that the persistent high cocoa prices are expected to have a negative impact on their businesses until 2025. Dirk Van de Put, CEO of Mondelēz, stated that the company is currently facing…

Avian Influenza Outbreak Leads to Sky-High Egg Prices Consumers nationwide are facing empty grocery store shelves and soaring egg prices due to a worsening avian influenza outbreak. The U.S. Department of Agriculture warned that prices are unlikely to decrease anytime…

Summary: PepsiCo is facing a lawsuit from the Federal Trade Commission for allegedly providing unfair pricing advantages to a big box retailer, resulting in higher prices for consumers. The FTC claims that PepsiCo’s actions disadvantaged competing retailers by offering key…