Kraft Heinz said in a recent letter to its customers that it will raise prices in March on dozens of products, including Oscar Mayer hot dogs and Velveeta cheese
The makers of top food and consumer goods brands plan to raise prices in the spring, dashing shoppers' hopes for a quick drop in their grocery bills.
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The letter ends “Love ya babe, Heinz”. “It’s quirky, kinda fun..” said a Heinz spokeshuman Oh goodie! Focus in on unhealthy foods for the country, especially the poor. Good , maybe less people will be poisoning themselves by eating your processed food Their Bacon already 10 bux a pound 2 things that are NEVER on my grocery list
Hot 🌭 Thanks, Brandon. You are a real POtuS. Biden’s bold strategy of inflation is paying off! Velveeta is NOT cheese lol Two things that barely qualify has food. Unfortunately a mainstay in many American diets, especially children. Oh, the healthy stuff.
Oscar Rosales arrested: Suspect in Houston murder of Pct. 5 corporal captured in MexicoOscar Rosales, the suspect facing a capital murder charge in the deadly Houston shooting of Harris County Pct. 5 Constable’s Office Corporal Charles Galloway, has been arrested in Mexico, authorities confirm. Great Job!!!
On top of the inflation that is still on going. If made here and US citizens are on the lines, I have no problem paying more as long as the employees see a wage increase and better worker conditions/quality of life.
35 Oscar-Winning Films That Don't Deserve Their Academy AwardsDid anyone ever actually like Avatar? Avatar was mainly to sell blu-ray players and 3D TVs.
Is it time for Will Smith to take home the Oscar?He's been nominated just twice. Maybe the third time is the charm for the 'King Richard' actor. Why not?
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Lin-Manuel Miranda Is ThisClose to Winning an Oscar -- But What He Really Wants Is a Collab With Lil Wayne'The term EGOT was invented by someone who didn’t win an Emmy, Grammy, Oscar, or a Tony,' said Lin-Manuel Miranda. 'It’s always been an interesting statistic, but it’s never why you do something.' Lin_Manuel and they they need to consider renaming it to the GOTE. As in, Hey Lin, are you a GOAT with a GOTE? dadjokes
California bill would ban single-use smoking products like cigarette filtersSupporters of the bill said cigarette butts and vape pods cost millions per year in cleanup and pollute the environment. Smugglers here we come ... Anyone getting a black market going yet? Or an I going to ha people can roll their own and go filterless ... for all we know there could be chemicals in those cig filters which cause complications...
New York (CNN Business) Kraft Heinz (KHC) said in a recent letter to its customers that it will raise prices in March on dozens of products, including Oscar Mayer cold cuts, hot dogs, sausages, bacon, Velveeta cheese, Maxwell House coffee, TGIF frozen chicken wings, Kool-Aid and Capri Sun drinks. The increases range from 6.6% on 12oz Velveeta Fresh Packs to 30% on a three-pack of Oscar Mayer turkey bacon. Most cold cuts and beef hot dogs will go up around 10% and coffee around 5%. Some Kool-Aid and Capri Sun drink packs will increase by about 20%."As we enter 2022, inflation continues to dramatically impact the economy," Kraft Heinz said in a letter dated January 24 to at least one of its wholesale customers that was viewed by CNN Business. The wholesaler shared the letter on the condition of anonymity to protect the company's relationship with its suppliers.'Sick to my stomach': Dollar Tree fanatics protest new $1.25 pricesKraft Heinz is the latest consumer manufacturer to announce plans to boost prices early in the year. Last week, Procter & Gamble (PG) said that it was raising prices for its retail customers by an average of about 8% in February on Tide and Gain laundry detergents, Downy fabric softener and Bounce dryer sheets. Conagra (CAG), which makes such brands as Slim Jim, Marie Callender's and Birds Eye, recently said it will raise prices later this year as well.Read MoreIf retailers decide to pass on any of the increased costs, these items will be more expensive for shoppers in stores. US consumer prices rose 7% annually in December, the steepest climb in 39 years.Kraft Heinz has already raised prices on some of these same foods in recent months. In October, the company said it would increase prices on Oscar Mayer cold cuts and hot dogs. In November, it said prices on Oscar Mayer beef, lean beef and Angus hot dogs, cheese dogs and other products would go up by around 9%.But since those November hikes, Kraft Heinz said in the letter, it has faced"constrained supply, logistic bottlenecks and weather-driven crop losses." The company's costs have increased, including on raw ingredients and freight, leading it to bump prices yet again.The US producer price index, a gauge for prices manufacturers are paying, rose 9.7% annually in December.A Kraft Heinz spokesperson said the company was raising prices on the products experiencing the greatest cost pressures, adding that"pricing is not the only thing we're doing to combat inflation." The company is adding larger package sizes and more affordable price points on some items, the spokeperson said.Higher prices for groceries are putting pressure on many Americans' household budgets, forcing some to change how they shop for food and essentials.Some shoppers are responding by trimming the number of products they're buying and trading down to less-expensive, private-label brands, according to businesses, market data, public surveys and interviews with customers. Others are switching to cheaper stores.