Some of the nation’s biggest food suppliers and restaurants, including Kraft Heinz Co. KHC 0.48%▲ and some McDonald ’s MCD -1.97%▼ Corp. franchisees, said they would continue to raise prices as they face starkly higher costs . Kraft Heinz notified retailer customers this past Monday that it would raise prices in August on items ranging from Miracle Whip and Classico pasta sauce to Maxwell House coffee products and some deli meat. Cory Onell, chief sales officer at Kraft Heinz, wrote in the memo to retailers that inflation continues to affect the economy and shape consumption patterns . Costs continue to rally and the persistence of increases makes it necessary to announce price changes, he wrote. From farmers and factories to grocery stores and restaurants , many executives say they are experiencing jaw-dropping cost increases for labor, packaging, ingredients and transportation. The rise of fuel prices is making it more […]