These Grocery Items Are About to Get More Expensive
We were also hoping to avoid certain 2020 flashbacks in the new year, so don't blame us for the bad news. However, the manufacturer of some of the most in-demand household products just announced that prices are about to go up. Yes, that includes toilet paper!
The price increases will impact Kimberly-Clark's bathroom tissue, baby and child care, and adult care businesses in the U.S. and Canada. You likely know a few of these brands better as Scott toilet paper, Pull-Ups, Kotex, Huggies diapers, and Depends. (RELATED: Grocery Shortages to Expect in 2021, According to Experts)
So, exactly how much pricier could these essential products get? Kimberly-Clark revealed that "the percentage increases are in the mid-to-high single digits." This means that a 1,000-sheet, 12-roll pack of Scott Toilet Tissue that retails for $9.78 at Walmart at press time could jump as high as $10.66, give or take.
Almost all of the price increases will be in place by late June, Kimberly-Clark says. Walmart, Target, Costco, and Amazon all sell the brand's products, but the "chains can either absorb the higher prices Kimberly-Clark plans to charge or pass them off to consumers," according to CNN.
Given the essential nature of these household items, price increases at the check-out line likely don't feel fair to consumers. Kimberly-Clark, for its part, says they "are necessary to help offset significant commodity cost inflation."
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