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Fortune
Fortune
Irina Ivanova

Albertsons tells suppliers to eat the cost of tariffs: ‘We are not accepting cost increases’

Woman carrying shopping bags (Credit: Shelby Tauber—Bloomberg/Getty Images)
  • Grocery chain Albertsons is taking a hard-line approach to tariffs, telling its suppliers it won’t accept any price hikes, according to a letter from the company’s head of merchandising. “We are not accepting cost increases,” the letter states, before spelling out a multipart approval process for suppliers hit by levies. 

One of America’s largest supermarket chains is telling suppliers they must eat cost hikes owing to increased tariffs.

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