raising prices

Guess who's raising grocery prices NOW?

The state of the grocery industry just continues to get more and more interesting. Over the past few weeks, I've been sharing articles about some traditional supermarkets and retailers believing the key to future financial success is to be "more like Wal-Mart," touting everyday-low-prices versus employing high/low sales cycles.

Well, today's edition of Daily Finance has this story... "Wal-Mart Quietly Raises Prices."

According to the article, Wal-Mart has been increasing prices 6% across the board over the past six weeks, with some products' prices taking increasing as high as 60%..! Some highlights:

"For instance, the price of a 32-ounce bottle of Windex household cleaner jumped 50%, a 12-ounce box of Quaker Oats instant grits climbed 65% and a 50-ounce container of Tide detergent rose by more than 50%.

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