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Source: Jade Scipioni, FOX BUSINESS, 10/31/18
Mondelez says it's raising prices for many of its brands including Oreos due to increased transportation and freight costs; home appliance maker Whirlpool reportedly wants its inventory back from now-bankrupt retailer Sears. Expect to pay more for groceries next year. Major food giants Mondelez, Hershey Co, Nestle SA, Unilever and Coca-Cola Co. have all announced they will need to hike prices in 2019 to offset higher freight and ingredient costs. For more of this story, click here.
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