US EditionAlbertsons informs suppliers that it won't accept tariff-related price hikes
- Albertsons, an Idaho-based company operating in 34 states and DC, told suppliers on May 1, 2025, that it will not accept tariff-related price increases.
- This policy stems from President Donald Trump’s tariff enforcement, which imposes a baseline 10% tariff on imports from most major trading partners to support American goods.
- Albertsons communicated that, except in rare cases, they will not approve price increases related to tariffs, and suppliers must obtain prior consent for any tariff-related charges on invoices, or risk having those invoices challenged and payments delayed.
- Albertsons reported total revenue of $80.4 billion for the 2024 fiscal year, while rising tariffs and pricing changes by companies such as Temu and Shein are causing the cost of imported goods like avocados, coffee, and seafood to increase.
- Albertsons’ stance aims to maintain competitive prices amid tariff-driven cost increases, reflecting broader economic challenges affecting retailers and consumers nationwide.
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