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Albertsons Enforces Strict Policy to Block Tariff-Driven Price Hikes

The grocery giant requires suppliers to seek approval for cost increases tied to Trump's tariffs, intensifying financial strain on supply chains.

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Overview

  • Albertsons, North America's second-largest supermarket chain, has implemented a formal policy barring suppliers from passing tariff-related costs onto the company without prior authorization.
  • Suppliers must provide detailed evidence and submit requests for price increases at least 90 days in advance, with a 30-day review process that does not guarantee approval.
  • Unauthorized tariff-related charges in supplier invoices will be disputed by Albertsons, potentially leading to payment delays.
  • The policy comes as President Trump's sweeping import tariffs, including a 10% baseline on most goods and a 145% levy on Chinese imports, continue to disrupt supply chains and raise costs.
  • Critics, including researcher Matt Stoller, warn that Albertsons' approach could push suppliers into financial peril, while Walmart and Amazon pursue alternative strategies to mitigate tariff impacts.