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We were also hoping to avoid certain 2020 flashbacks in the new year, so don't blame us for the bad news. However, the manufacturer of some of the most in-demand household products just announced that prices are about to go up. Yes, that includes toilet paper!
The price increases will impact Kimberly-Clark's bathroom tissue, baby and child care, and adult care businesses in the U.S. and Canada. You likely know a few of these brands better as Scott toilet paper, Pull-Ups, Kotex, Huggies diapers, and Depends. (RELATED: Grocery Shortages to Expect in 2021, According to Experts)
So, exactly how much pricier could these essential products get? Kimberly-Clark revealed that "the percentage increases are in the mid-to-high single digits." This means that a 1,000-sheet, 12-roll pack of Scott Toilet Tissue that retails for $9.78 at Walmart at press time could jump as high as $10.66, give or take.6254a4d1642c605c54bf1cab17d50f1e
Almost all of the price increases will be in place by late June, Kimberly-Clark says. Walmart, Target, Costco, and Amazon all sell the brand's products, but the "chains can either absorb the higher prices Kimberly-Clark plans to charge or pass them off to consumers," according to CNN.
Given the essential nature of these household items, price increases at the check-out line likely don't feel fair to consumers. Kimberly-Clark, for its part, says they "are necessary to help offset significant commodity cost inflation."
We've got the news you need to be a savvier shopper! For more, check out How McDonald's Is Quietly Rolling Out These Updates to Its Buns, then sign up for our newsletter.
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