Campbell's Soup's (SBUX) Food Products
Campbell Soup said in May it would raise prices on its namesake soups and other food products. Consumers began seeing higher prices for Campbell products on June 17, with the increases running around 4% to 6%, depending on the product and how much retailers passed on the higher costs they pay to shoppers. COO-turned CEO Denise Morrison said retailers were "very supportive" of the price increases. Campbell is well known for its namesake canned soups, but it also produces popular food brands such as Goldfish crackers, Pepperidge Farm breads, V8 juices and Prego tomato sauces.