Ingles Sees Costs Rise

ASHEVILLE, N.C. Ingles Markets said here last week that it will probably have to raise its retail prices on produce following last month's freeze in the U. S. Southwest that destroyed what has been estimated at nearly $1 billion worth of crops. We are seeing pressures on citrus and produce just about across the board, said Ronald Freeman, chief financial officer, in a conference call discussing the

ASHEVILLE, N.C. — Ingles Markets said here last week that it will probably have to raise its retail prices on produce following last month's freeze in the U. S. Southwest that destroyed what has been estimated at nearly $1 billion worth of crops.

“We are seeing pressures on citrus and produce just about across the board,” said Ronald Freeman, chief financial officer, in a conference call discussing the company's results for the fiscal first quarter. “We will probably have to in

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