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Businesses not raising prices, yet


Hurricane Katrina had a noticeable impact on gas prices, but, for now, consumers can expect most commodity prices to remain the same.

Glynn Jenkins, director of communications and public relations for Kroger Atlanta Division, said prices rising is mere speculation and so far they have not seen the impact of higher prices in commodities, “with the exception of fuel,” but certainly there is a possibility of some commodities being impacted based on the devastation in the gulf.


“I wish I could tell you exactly what commodities, but at this time I don’t have any factual information in terms of what commodities may be impacted,” he added.

Rocky Byrge, manager of Home Depot on Kingston Pike, said prices of building supply materials have not increased yet, “not at all.”

Byrge said prices “may go up a little bit, but generally it all depends on how long it takes to get the demand met. It usually doesn’t go up much, and then it will go back down as soon as the demand is met. But we don’t raise our prices at all, it comes from the suppliers.

“We’re trying to limit some quantities and stuff like that to stop people from the price gouging process. Mostly we have ply wood limited, and generators I’m totally out of,” he added.

While Home Depot ran out of generators, Kroger does not expect to have any shortages.

Jenkins said, “We are certainly working diligently to make sure we have ample supply of product for our customers and continue to replenish our shelves, so I don’t anticipate any problems with our stores being stocked.”

While Kroger and Home Depot are trying to keep prices down, they are also providing help to victims of Hurricane Katrina.

“We’ve sent pallets of water, [we’re] trying to do what we can to help. People from the store are going down weekly to help the stores. We keep a running list of volunteers going,” Byrge said.

Jenkins said Kroger is accepting cash donations for the American Red Cross at the checkout lanes. He said people can give a specific amount or they can “round up” their grocery total to the nearest dollar.

 

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