Walmart said shoppers could see higher prices in stores if fuel costs stay elevated

Walmart said its new revenue streams allow it to hold prices more steady in the face of rising fuel costs. Scott Olson/Getty Images Walmart took a $175 million hit to profit growth last quarter because of fuel expenses. The retailer's CFO said it took the hit to preserve "trust" with customers rather than raise prices. If costs remain high through this year, the company said it would need to increase prices. Walmart says it managed to keep prices steady in the face of rising fuel costs last...

DTI: Prices of some basic goods may rise

MANILA, Philippines — Filipino consumers may soon see slight price increases for some basic goods as manufacturers have begun seeking government approval for adjustments amid rising costs linked to the still-unresolved conflict in the Middle East. This was according to Trade Secretary Cristina Roque, who said on Wednesday that while the prices of 68 percent

By cbuban

Prices of basic goods may inch up as manufacturers cite rising costs — DTI

Filipino consumers may soon experience slight increases in the prices of some basic goods as manufacturers continue to deal with rising fuel and logistics costs brought about by the ongoing conflict in the Middle East.

By Kristine Daguno-Bersamina