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While grocery chains are facing rising costs for various food products, given the surge in commodity prices, prices are being passed on to the consumer, according to the AP.
FORBES: Despite Rising Food Costs, Heinz, Kroger, And Wendy's Improve Sales
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The company has been reluctant to pass on rising commodity costs through price hikes fearing that such a move might drive them away to rival food chains.
FORBES: Cost Pressures Could Chew Up Chipotle's Earnings
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Representatives of large, sophisticated companies that have been actively working to implement the expected requirements spoke eloquently at an October 2011 SEC Roundtable discussion of the complexity of their supply chains and the difficulty in obtaining solid information from their upstream suppliers on the origins of common, commodity metals like tin, tantalum, tungsten and gold in purchased products and components.
FORBES: Conflict Minerals Rule Imposes Big Burdens On Manufacturers