Price pinch: global economy caught in perfect storm
LONDON/TOKYO (Reuters) — From beef bowls in Tokyo to fried chicken in London, consumers are starting to feel the pinch from the surge in costs coursing through the global economy.
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LONDON/TOKYO (Reuters) — From beef bowls in Tokyo to fried chicken in London, consumers are starting to feel the pinch from the surge in costs coursing through the global economy.
Ikea is cutting the number of versions of some products as it struggles with shortages of raw materials, to ensure its most popular items are available
IKEA is removing unavailable products from its websites and store showrooms as the retailer battles the impacts of the supply chain crunch. Executives predict disruptions through 2022.
From beef bowls in Tokyo to fried chicken in London, consumers are beginning to feel the pinch from the surge in costs coursing through the global economy.
Monday, 25 January, 2021 - 12:45 Photo: REUTERS Asharq Al-Awsat Furniture giant IKEA said it is on track to cut its emissions further after an 11% reduction in its climate footprint in the 12 months to the end of August, partly because of temporary store closures. Brand owner Inter IKEA said on Monday carbon emissions throughout the value chain - from the production of raw materials to customers' use and disposal - fell in its fiscal year (FY) 2020 to 21.2 million tonnes of CO2 equivalent. The reduction per euro of retail sales ...