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Global food makers, retailers remain in crisis mode

The Star Business LogoThe Star Business1w ago

Global food makers, retailers remain in crisis mode

Quick Summary

DUBLIN/LONDON: Global retailers and consumer goods makers remain in crisis mode and expect consumer behavior to remain unpredictable for the foreseeable future, top industry executives told a conference in Dublin this week.

N said the cost of shipping cargo is up 25-30% due to an array of inflationary pressures that are "unlikely to abate in the short term".

CO, which transports goods for companies like Walmart WMT.N and Nike NKE.


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Article Details

Author / Journalist: The Star Online

Category: Economy

Topics: Covid 19 Food Recession /Business/Business News Commentary Alexandre Bompard Producers Crisis Inflation Carrefour

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 06:43:00

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Reading Time: 3 minutes read

Article Length: 415 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 4519

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About The Star Business

The Star Business Logo

Main Topics: Economy

Official Website: thestar.com.my

Update Frequency: 18 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1d ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #22

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