With record-high inflation and the cost of living skyrocketing many retailers are increasing their prices, Newshub reports. But The Warehouse announced on Tuesday it would be dropping the price on several key grocery items. CEO Nick Grayston said with the cost of living increasing “every dollar needs to go as far as possible”, which is why it is reducing the prices for several items. The price drops come after The Warehouse extended its offering to include pantry items such as flour, dried fruit, nuts and sauces.