Economy
Related: About this forumToilet paper prices to rise: Maker of Cottonelle, Scott brands plans to increase prices
The maker of the Cottonelle, Scott and Viva brands announced Wednesday that it will hike prices on "a majority of its North America consumer products business," including toilet paper and baby care items. The company's other brands include Kleenex tissues, Kotex hygiene products and Huggies diapers.
"The percentage increases are in the mid-to-high single digits," the company said in a press release. "Nearly all of the increases will be effective in late June."
The company is facing "significant" inflation on raw materials, lower birth rates and the need to invest in advertising and discounts, CFRA Research analyst Arun Sundaram said in a recent research note.
https://www.azcentral.com/story/money/2021/03/31/toilet-paper-prices-cottonelle-scott-viva-brands/4824863001/
elleng
(130,861 posts)Goonch
(3,607 posts)Midnight Writer
(21,743 posts)pwb
(11,259 posts).
mobeau69
(11,140 posts)Warpy
(111,241 posts)so that it no longer fills the spindle. Price increases have been happening all along, they just thought we wouldn't notice.
marmar
(77,072 posts)It's not exactly a discretionary purchase.