Monday, June 16, 2008

Coping With Increasing Costs

We’re all painfully aware of the impact that higher fuel and food costs have had on our businesses and every day lives. Since January, 2008 our cost of flour has increased by 60%; sugar is up over 25%; and dried fruits like cranberries, blueberries, cherries, apricots and strawberries have all increased from 10-25%. Even our English imports are 25% more expensive as a result of the substantial decline of the US Dollar. Gas is predicted to top $5.00 by July, the Dollar keeps sliding and we have been told to expect more increases in the cost of ingredients.

While there are no quick or easy solutions to the country’s economic problems, our goal is to provide value to our customers through our pantry sales and monthly promotions, while helping to reduce our costs by improving cash flow and keeping inventory low.

We never compromise the quality of our products by using inferior ingredients or reducing portion sizes and we try to share the burden of increasing costs. By working together we can get through these tough economic times.

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