Price Notice – It’s been over a year since we had our last general price review. Effective on or about October 1, 2018 we will be making the following price adjustments:
- Coffee: whole bean, ground, brew by pack, and cold brew no price change.
- Most other products will be increased 3%.
- Bigelow, Celestial and Tazo Teas up 4%;
- Twining Teas no change.Lipton Teas and Lipton Cup-a-Soup up 30% (due to a major “repricing” by the Lipton Company).
- Poland Spring, Evian and Perrier are up 9% due to similar increases from the bottlers.
Overall our price increase averages less than 1.5% over our entire portfolio. While most of these increases reflect supplier price increases, we also must respond to higher labor costs due to lower unemployment and higher transportation costs due to increased tolls and parking restrictions. As always, we are constantly looking to make our operations as efficient as possible.