Some big packaged food makers are struggling to fully offset higher commodity costs with price increases, several food company executives said at a conference for consumer-products investors Tuesday, according to The Wall Street Journal.
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Editor's Insight: Refreshment service operators are not alone in struggling with higher product costs. The unrest in the Middle East has driven oil prices higher, which adds to food costs.
Refreshment service operators cannot sit still while their product costs rise. Operators should let customers know prices will be rising while higher costs are in the news. 02-24-11 Elliot Maras