Food and beverage companies are playing their own version of The Price Is Right, writes F&B Leader Louis Biscotti in his September column for Forbes.
By Louis Biscotti, Food and Beverage Services Leader
Target told suppliers it won’t allow them to pass on tariffs. It was a pre-emptive move… They reminded suppliers that stores can be the host in this game of The Price is Right. They want power when it comes to pricing. If you want to play on their stage, you play by their rules.