Updated
Updated · News 5 Cleveland WEWS · May 20
DeVitis Italian Market Absorbs Inflation Costs After 60 Years as Gas and Wages Squeeze Margins
Updated
Updated · News 5 Cleveland WEWS · May 20

DeVitis Italian Market Absorbs Inflation Costs After 60 Years as Gas and Wages Squeeze Margins

1 articles · Updated · News 5 Cleveland WEWS · May 20
  • Akron’s DeVitis Italian Market says it is absorbing part of its higher costs instead of fully passing them to shoppers, even as inflation pressures nearly every part of the business.
  • Goods, employee wages and fuel have all become more expensive, with owner Nick DeVitis saying delivery routes for wholesale sandwich accounts have been hit hardest by higher gas prices.
  • The market has not added a fuel surcharge because it hopes the spike is temporary, a choice that helps keep prices manageable but cuts into margins.
  • Customer spending has grown more cautious since the start of the year, adding pressure on a family business that has been adapting to persistent post-pandemic inflation while relying on loyal repeat customers.
What technologies are Main Street grocers adopting to survive when absorbing costs is no longer an option?
With consumer savings dwindling, can community loyalty truly shield local businesses from global economic shocks?