Grocers in Canada have received a warning from suppliers that will not sit well with shoppers: expect price increases this summer and fall.
The Waterloo Region Record has received 19 different notices from store owners about the price hikes as well as a plan to shrink product sizes while increasing the size of packaging.
The Record received confirmation of the plan from the Canadian Independent Federation of Grocers and the Retail Council of Canada.
Prices could go up as much as 40%, but grocers told the Record they will not pass on the full increase to shoppers.