Not only are they more expensive, but also stores may have low supplies. 😩
that not only would shoppers have to pay more for their favorite snacks, but they also might have a hard time finding them on grocery store shelvesA worker strike in the fall of 2021, plus labor shortages linked to the omicron variant, have impacted inventory levels. Though the company is working now to boost supplies, your next grocery run may be affected.
"We are working to rebuild inventory levels, which takes time in this environment, particularly as demand continues to be strong," Mondelēz CFO Luca Zaramella said on the call."We expect a gradual improvement of the situation as the year progresses.""By applying the lessons learned from earlier waves of the pandemic and maintaining our focus on execution, we are confident that we remain well positioned to deliver our growth targets," Van de Put added.
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