Can Amazon's Whole Foods Afford Price Hikes? [Forbes]
Church & Dwight Company, Inc. (CHD)
Last church & dwight company, inc. earnings: 4/30 06:55 am
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Source: Forbes
Can Amazon's Whole Foods Afford Price Hikes? Photographer: Dania Maxwell/Bloomberg © 2018 Bloomberg Finance LP Prices are on the rise at your local grocery store as consumer packaged goods companies pass along increases to retailers, citing higher commodity costs as the primary factors behind their decisions; and that means prices are going up at Whole Foods, too. A Wall Street Journal article published earlier in February pointed to plans by national brand manufacturers including Church & Dwight, Colgate-Palmolive, Clorox and Procter & Gamble to put through increases on a wide variety of everyday staples. The inflationary pressures facing major CPG brands also extend to other suppliers, including those filling smaller niches, such as organic groceries. Another article cited internal documents from Whole Foods showing the chain had raised prices to consumers in response to increases put through by suppliers. While higher prices at the supermarket may not get the attention of shoppers,
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CHD
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- 4/16/24 - Form 4
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- 4/16/24 - Form 4
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