Switzerland's Migros Rejects Price Hike On Mars Products
Migros has said that it is temporarily ceasing orders of selected Mars products, following the announcement of a price increase of up to 12.7% on said items.
The Swiss supermarket chain said that it considers the increase claimed by Mars Schweiz AG to be unjustified and uncompetitive.
Commenting on the announcement, the head of food management at the Federation of Migros Cooperatives, Lorence Weiss, explained that the company "cannot accept this increase” and refuses to ask its customers to pay higher prices.
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