Consumer
Dole Is Raising Pineapple Prices, Adding to Pressure on Grocers
Companies in the US retail and consumer sectors are under increasing pressure to consider raising prices amid a brewing trade war.
Photographer: Tim Rue/BloombergThis article is for subscribers only.
Dole Packaged Foods LLC is raising prices on some pineapple products in the coming months due to supply challenges, among the latest signs of concerns about inflation.
The food company, a unit of Japanese conglomerate Itochu Corp., will be implementing a price increase on “all canned pineapple and pineapple juice items” effective June 9, according to a memo viewed by Bloomberg News. The amount of the increase wasn’t disclosed.