Empty grocery-store shelves are here to stay


Albertsons Cos had been expecting that supply outages would be improving by now, but “Omicron has put a bit of a dent” in that, chief executive officer Vivek Sankaran said Tuesday.

NEW YORK: Social-media sites are full of photographs of empty grocery-store shelves, and the head of one of the biggest US supermarket chains says the situation will take weeks to improve.

Albertsons Cos had been expecting that supply outages would be improving by now, but “Omicron has put a bit of a dent” in that, chief executive officer Vivek Sankaran said Tuesday.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Albertsons , empty , grocery-store , shelves ,

   

Next In Business News

Robust earnings drive Public Bank’s profit optimism
A second chance at SUCC-SEZ
Semiconductor diplomacy key to preserve relevance
Equities pricey, bonds resilient
Finesse in a cuppa
Struggling Tan Chong faces long and rough journey
NEWLY-MINTED LEADERSHIP TEAM
Emerging Asia stays steady
European ETFs show promising growth
Bludiamond, shining bright

Others Also Read