Albertsons, America’s second-largest grocery chain, is reportedly informing suppliers that will be affected by the new Trump administration tariffs that it’s not the company’s problem, according to a recent letter:
Albertsons, which owns 2,200 grocery stores across the U.S., sent a letter to suppliers in late March spelling out how it would deal with price hikes.
“With few exceptions, we are not accepting cost increases due to tariffs,” the letter read (emphasis in the original).
The letter laid out the grocer’s reason for the policy was “maintaining the value propositions our customers expect.” In other words, to keep grocery prices low and customers coming back.
It continued:
“Suppliers are not permitted to include tariff-related costs in invoices without prior authorization by Albertsons Companies. Any invoices that include such charges without…