Albertsons, a major North American supermarket chain, has instructed its suppliers not to increase prices in response to tariffs imposed by President Trump without obtaining prior authorization. The notice emphasizes strict guidelines for suppliers seeking exemptions to include tariff-related costs in their invoices, warning of potential disputes and payment delays. Critics argue that this stance could hurt suppliers economically as they struggle to contend with rising costs from tariffs, illustrating the immense bargaining power held by large grocery chains like Albertsons.
If suppliers want to fight for an exemption, they must file notice three months in advance by filling out forms detailing the impact of tariffs on their products and provide evidence.
Stoller, who does anti-monopoly research, blasted Albertsons' demands, suggesting they are unreasonable.
Albertsons warned that securing a price hike "is not guaranteed."
With few exceptions, we are not accepting cost increases due to tariffs," stated the letter.
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