Also on today’s show: why ketchup prices could soon tick up, a slow recovery for business travel and a look inside a vertical farm in New Jersey.
The price of many products, supplies and raw materials has been rising. Retailers must figure out when to pass those costs along to customers.
Deloitte’s study predicts that corporate travel, lucrative for the industry, may take years to reach pre-pandemic levels — if it ever does.
The drought in California — the country’s biggest producer — will make tomato yields short by up to 10%, possibly boosting prices.
PepsiCo selling Tropicana and Molson Coors nixing 11 beers are the latest signs the industry is trying to adapt to ever-changing tastes.
Irving Fain, CEO of Bowery Farming, hopes growing crops in warehouses near cities will increase access to fresh produce.
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