In its earnings last week, Coca-Cola CEO James Quincey revealed that it, too, had recently hiked prices for canned beverages across North America. But if there's a silver lining for consumers, it's that canned goods are probably the type of food that retailers are going to be the least willing to jack prices on. (CBC)"Demand just isn't there," says Sylvain Charlebois, a professor in food distribution and policy at Dalhousie University says of canned goods. That may not be true for all parts of the food chain but when it comes to canned goods at least "if you look at the grocery store prices have gone down." But grocery chains have more leeway with canned goods on pricing, because they aren't perishable like other items.

Source: CBC News August 01, 2018 07:52 UTC