Skip to comments.Gum-Chewers To Shell Out Extra Nickel; Wrigley's Price Increase First In 16 Years
Posted on 10/25/2003 3:15:50 PM PDT by mhking
CHICAGO -- People who chew gum are going to experience some inflation -- and it won't have anything to do with blowing bubbles.
Wrigley is raising some of its suggested retail prices by a nickel in the company's first increase in 16 years.
Prices for Wrigley's Spearmint, Doublemint, Juicy Fruit, Big Red and Winterfresh brands will go up in January. Meanwhile, the company plans to shave 5 cents off the suggested retail price of its Extra sugarfree gum.
The changes will put the prices for all those Wrigley brands at 30 cents for a five-stick pack.
Wrigley is the world's largest maker of chewing gum, with global sales of more than $2.7 billion. The company markets its gum in more than 150 countries.
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