The Wall Street Journal has seen the first pricing notification memo from Kraft-Heinz food group to the buying offices of major U.S. retailers. Here’s how the WSJ presents it: “Kraft Heinz Co. told retailer customers that it would raise prices across many of its products including Jell-O pudding and Grey Poupon mustard, with some items going up as much as 20%, according to a memo viewed by The Wall Street Journal.”
This starts kicking in in about three days. And everything's going to go up; not just mustard and Cosby pudding.
Hope you got a 20% pay raise!
Haven't seen this since 1972.
