date:Apr 18, 2014
ich consumers are willing to pay higher prices because of their convenience.
Raising prices for more utilitarian packaged meats, however, has proven tricky.
Hillshire lost fairly significant short-term market share after boosting prices on sausages and hot dogs in December, months before rivals began following its lead, Moskow said.
Reluctant to take a similar risk, most traditional packaged food makers are scouring their businesses for cost savings to offset higher meat prices and lackluster