P&G Raising Prices on Tide & Other Laundry Products

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Can't

laundry detergent be home made with cheap lye and soaps?
This is the highest rate of inflation since 1982, which I found surprising as at least this area was in a recession.
 
re; Kroger

Barney should be rolling in his grave. Kroger has become a national monoply of banners. The young employess make squat, and there's no excuse for it. Most of the elder contract employees have long since retired. The health insurance is with the UFCW, supported partly by dues. No pension plan now? Legacy costs?
The dental plana used to pay 80%, and medical co pays were nominal, and only since the 90's.
I bet Kroger blames Walmart still for an unlevel playing field. Kroger closed every store here in 1982, and higher up exec's opened them as Foodland. Now Kroger is back with union labor at lower scales. I guess at least they are funding the uinion pension legacy costs by paying dues. I know of a few who died of covid. I'm sure there were many more. The international pesnion fund has moved into a less expensive Illinois office
I'm retired supermarket alumni.
 
Though I probably don't need to

I will do some stocking up at Sam's this weekend.

I don't fault P&G, I mean prices are going up everywhere, I am sure they have overhead.

So a 180 use Tide powder, maybe two boxes of pods 1 Tide Free and Clear and 1 Gain, with the stash on hand, That should do me until I die, or Christ returns. Oh and another Cascade Platinum. I good
 
Remember, detergents have a shelf life. Fresh is best. Anything over 6 months is not going to be nearly as affective.

A bottle of Downy I had for 2 years I went to use one day and it had turned into gelatin. It was useless.
 
The plastic in the jugs alone must’ve eaten up all their margin. On top of all the transportation
Even just 6 months ago, getting certain plastics was near impossible. Then if you got the plastic, your molding was delayed because factories were jammed with orders and nobody run machines. Because they were all sick.
Much of those issues are still nagging on the industry.
It causes a crunch on available goods. Pushing prices up.

The sad part is, there’s companies out there, not having these issues but falsely raising their prices anyway. Hiding their hikes among the real crisis. Lining their coffers.
 
I highly doubt there are all these lame "supply chain" issues that certain industries are claiming.

There was no problem before March 15,2020.

It's just an excuse to drive up prices.
 
While I understand that prices may rise somewhat due to increased manufacturing costs, I can't help feeling that a disproportionate amount of that is being passed right to us as consumers and that most companies are taking advantage of the pandemic situation. Why shouldn't the highly compensated executives and even some shareholders be satisfied with a bit less? Whether groceries or automobiles, we are bearing the brunt. For those of us on limited incomes, retired or low wage earners, this is really a form of legal extortion. Seems even worse than the early 80's or even the mid 70's stagflation era (rising prices, shortages and high unemployment/stagnant wages). Not sure about other areas of the US, but our grocery stores have been empty for many weeks and each week, prices are higher and higher. A good example - Nabisco Famous Chocolate Wafers. These are fairly expensive to start - always have been. Used to cost $4.69 per package at ShopRite. Then they went to $4.99: now, as of yesterday, they are $5.39. And this is only one item. Clorox is now around $7.00 for the 3.78 quart (121 ounce size) and that isn't even splashless.

I know we are all in the same boat but had to vent. I have altered my shopping to cut out certain luxuries (adios Nabisco anything...), carefully mapping only what I need, adding more legumes and doing with less meat), going to different stores for specials and using places like Aldi and PriceRite (a division of ShopRite); of course this means spending a lot more time shopping and using a little more gas. Kind of how my mother had to shop in the 1970's.

On the auto front, it is even more shameless. There seems to be some great fascination with everyone wanting a Kia Telluride. One of my neighbors needed to replace an old car and nearly had a stroke when the Kia dealer informed him that they were adding an additional $7,000 to the sticker price because of the demand. Reminds me of the early 80's when everyone wanted Honda Accords and I saw this with my own eyes - every one on the lot had a line item on the sticker price for $4,000 A.D.P. - translation, additional dealer profit.

So where does this end?
 
The difference between the most recent year and a half and just about any time in the past is that consumers have WILLINGLY stepped up and paid WHATEVER merchants put out there.
Where did common sense go for many consumers?

When the price of real estate goes irrationally, up we don't step UP and buy in; we <span style="text-decoration: underline;">step BACK</span> and wait for another time, another year, whatever.

It's the desperation of a pandemic the likes that most people have not known in recent times.

There are some signs that consumers aren't buying the b.s. I've seen $8 bags of oranges at Walmart and I knew I wasn't buying and apparently others weren't as well as the bags just sat there.
 
I believe that American corporations have absolutely taken advantage of the pandemic to raise prices when it isn’t really necessary.  Greed is a motivating factor.  Also, there could be an ulterior motive to make the ratings of the administration plummet, thereby hoping that the electorate will vote against their best interests in ‘24.  After all, corporations most certainly would be against a rise in their tax rate to finance desperately needed progressive reforms and programs.

 

Also, the consumer may be able to put off buying real estate and automobiles during the pandemic fueled inflation, but they can’t put off buying food, medicine, paper and cleaning products.  And the prices of these products is what is really hurting the poor and middle class.  The wealthy won’t suffer if a gallon of milk costs $5.00 and a loaf of bread is $3.99, but the average wage earner suffers tremendously. 

 

One of the only good things that Nixon did as president was by executive order put a freeze on prices and wages during the run away inflation of the early 70’s.  This is something that should once again be done.  The people of America would rejoice.

 

Eddie
 
I remember the 1969 wage and price freeze Eddie

Wasn't it short lived? If prices had already risen, and wages were frozen after the fact, who benefitted?
My dad didn't get a raise in 1967. His company's division did go on strike for 2 weeks in summer 1968 though. I remember him doing his picket duty, then working afternoon shift at Heubelin cocktails. He came home with cardboard dust in his hair.
The strike settled with gains for the employees who were Sears service tech's.
My dad was able to replace the family car which had been totalled the previous winter. It was only insured for basic liability, no collison. My folks bought their first home the summer of 1967. The Detroit riot broke out the week we moved in. Just moved from Pittsburgh, we had been renting from my aunts in laws on the lower east side.
My baby sister was only a few months old, youngest of us 5. We walked to the grocewry store, church, or took a cab. Dad had to borrow my aunts car on a few occasions.
 
I can tell you with personal experience at
work, the supply shortages and shipping issues are indeed very real.
I was working on a product and it was miserable. We’d specify a plastic resin. And weeks later it would go NLA. This happened multiple times. Our plastics vendors were bewildered. Once a source was available again, the price would go up because of cutthroat demand. THEN, it would go missing again. We would later find that it was due to automotive and appliance mfrs sweeping in with piles of cash. This made supplies even tighter AND more expensive.
It was even worse (and still is ) with semiconductors. Our poor electrical engineer was burning the candle at both ends. Because when you are forced to re-spec a chip, you have to partially or fully redesign your board or your code, or both. We only got a chip supply at the last minute by guaranteeing a 1yr upfront purchase. Even though we didn’t have the sales yet.
On top of this, other petrol products were running out of supply. A foam gasket I spec’d at the start of the process, went NLA right before production. Only at the last minute was our supplier able to find a backup. Because at 4x the original price, 3M saw it profitable enough to re-start production of that material.
Once we finally got our BOM final for production, our contract factory was juggling sick-outs and their own sourcing issues.
They were dealing with our issues with our line, along with numerous similar issues with all their other lines. They also made lots of parts and controllers for Electrolux. Not only were we competing on resources with them, but suffering also. On any day, 1/3 of their production lines were down due to lack of parts or trained people. A couple people at the plant died of Covid. Delaying things and scaring the workforce.

With all that to juggle, there are firms out there in other situations that are indeed taking advantage of the situation in greedy and unethical terms.
But the real problems are very real. The world making itself one very tight supply chain has amplified it and will take years to smooth out. It is 99% a private industry problem and there’s very little your favorite President can do about it. Save for government getting very hands on in business, which I doubt anyone in the US of A would tolerate.
 
Oh Eddie!

I was way off then! I was also not trying to give abyone an excuse to go after Nixon, but they sure did, right after he did that!
My dad had to get another better car in fall 1971 because the '64 model he bought in '68 was shot. We had the next one until I was driving in 1976 when my dad could afford his second band new one since 1955. Those were better years for us.
I had my first job which came with decent pay, and even insurance.
I bought a microwave oven for my folks kitchen so I could reheat my suppers after I worked late. We still didn't have a color tv set. I got that in 1979, and a nice stereo system for my room. In 1980 I got a really nice slightly used '77 Olds Cutlass Supreme, my own place, and furnished it mostly from K Mart. Admiral 19" color set, Douglas dinette set, Wear Ever cookware, Corelle dishes, a new Litton Meal-in-one large microwave, etc.
A man was moving out of my complex and I bought his swivel leather and chrome chair and ottoman, 3 low boy teak oak and mahogany danish chests, a plaid herculon sofa, and some artwork.
I was making enough to save for a down payment on a house. Life was very good!
 
I used to be

A Procter and Gamble loyalist...being a "good Ohioan."

 and so was Ma, but the last three P& G products I still bought were Cascade, Bounty, and Charmin.

 

 

Jif was sold off to Smuckers about 20 years ago, and Pringles 

(guilty pleasure.) were most recently a Kellogg's product,

 

 

Lawrence/Maytagbear

 
 

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