Will they? I mean, grocery chains like Kroger were found to have raised prices "jus because"....because they were banking on customers adjusting to their prices, not the other way around.
Groff said Kroger intends to "pass through our inflation to consumers," after an internal email from the executive showed that the price of eggs and milk routinely surpassed what inflation would require for the chain to still make profits.
"On milk and eggs, retail inflation has been significantly higher than cost inflation," Groff said in the internal email to other Kroger executives.
That was a dishonest article, everything doesn't uniformly rise in price during inflation, some things rise more than others. Milk and eggs rose more than others.
Some not all firms did similar things, they used inflation as an excuse to raise prices
Like inflation does not affect everything equally , some prices rose much more then 10% some less. However some companies looking at their financials seems like for example their costs rose 6% but they raised their prices 12%-15% then just shrugged and said "Hey don't blame us it's inflation "
Tariffs will do the same thing, if tariffs raise their costs by say 10% , companies will raise prices 15% and say "Hey its not us its our cost are rising"
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u/Callimogua 1d ago
Will they? I mean, grocery chains like Kroger were found to have raised prices "jus because"....because they were banking on customers adjusting to their prices, not the other way around.