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Truly Right View » Government Waste, Restoring America, Where is the Main Stream Media? » Companies raise prices on food, shoes, diapers (Heinz, Nike & Kraft)

Companies raise prices on food, shoes, diapers (Heinz, Nike & Kraft)

Look out! From Huggies diapers to Nike shoes, Americans are about to get less bang for their buck on some of the biggest brands. This week, paper-products maker Kimberly-Clark announced plans to raise prices on diapers and toilet paper later this summer. Nike said it would increase prices on their shoes. And food companies Kraft, Smuckers and Heinz recently announced price hikes on some of their brands. "The increases are necessary to offset inflationary pressure from higher raw material and energy costs," Kimberly-Clark (KMB, Fortune 500) said in a press release. Huggies diapers and Pull-Ups prices will rise by 3%…

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