(Natural News) British supermarket chain Tesco is now facing a shortage of pet food and condiments after it refused to allow manufacturers to increase retail prices. Tesco defended its move not to charge customers higher prices for goods on its shelves. “We’re laser-focused on keeping the cost of the weekly shop in check, offering customers great […]

(Natural News) Consumer goods company Unilever has raised prices due to rising raw materials costs. The multinational firm warned that inflation would continue for at least the next 12 months. Unilever said on Oct. 21 that it increased its prices by 4.1 percent in the third quarter of 2021. The price hikes serve to pass rising […]

(Natural News) A food company executive has warned that people must get used to paying more for their food as prices of raw materials used for different products reach new highs. But he also notes that consumers do not need to shoulder the higher costs of raw food ingredients. Miguel Patricio, the CEO of Kraft Heinz, lays down […]

(Natural News) The head of food manufacturer Kraft Heinz says people must get used to higher food prices. According to Kraft Heinz CEO Miguel Patricio, the company is “raising prices, where necessary, around the world.” His comments follow a spike in energy and raw material prices alongside supply chain issues around the globe – prompting […]