Shortages of broccoli, lettuce and sunflower oil

Co-op boss warns of supply shortages

The new boss of the Co-op has warned that supply disruption continues to be a “huge challenge” amid shortages of broccoli, lettuce and sunflower oil on the retailer’s shelves. Interim chief executive officer Shirine Khoury-Haq, who will permanently replace Steve Murrells in the top job next month, told the PA news agency that “price rises are a given” as higher supply costs add to an array of inflationary pressures.

Allan Leighton, chairman of the group, added that inflation was currently “in the ballpark of 4% to 5%” as the retailer committed to pumping money into keeping key items affordable amid the cost-of-living crisis. The company said it had invested £18 million in price reductions over the past year and will hold the price of around 1,000 popular products.

Source: walesonline.co.uk


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