Why many supermarkets are putting olive oil bottles under lock and key, ET Retail
In Spain, the leading global olive oil producer, supermarkets are enhancing security measures due to soaring prices and increased thefts. Retailers are attaching security tags to one-liter bottles of extra-virgin olive oil, now priced up to 14.5 euros ($15.77), alongside spirits, cosmetics, and appliances. Olive oil prices, up 150% in two years, result from a severe drought in southern Europe. Thefts prompted measures like chaining 5-liter bottles in stores.
Source: indiatimes.com
