Foodstuffs is a New Zealand grocery company that has been in the news recently due to a 38.2% increase in retail crime between February and April this year. This is an average of 37 crimes per day. The data was collected from New World, PAK'nSAVE and Four Square stores. The company has expressed concern over the increase in retail crime and has called for more action to be taken to address the issue.
Retail crime is not the only issue that Foodstuffs has been dealing with recently. The company has also been exporting foodstuffs under a Black Sea grain deal. Nearly 32 million metric tons of grain and foodstuffs have been exported under this deal. However, the volume of food exported in May was the lowest since the start of the initiative and well below shipping demand.
In response to the increase in retail crime, Foodstuffs CEO Chris Quin has said that it is not acceptable and that more needs to be done to address the issue. He has also stated that the increase in retail crime is not related to the cost of living.
Here are some websites that discuss Why Has Grocery Company Foodstuffs, Been In The News Recently?:
- https://www.stuff.co.nz/business/industries/132247608/foodstuffs-grocers-see-extremely-concerning-38-increase-in-retail-crime
- https://www.aa.com.tr/en/russia-ukraine-war/nearly-32m-metric-tons-of-grain-foodstuffs-exported-under-black-sea-grain-deal/2923767
- https://www.msn.com/en-nz/news/national/supermarket-boss-says-crime-hitting-stores-has-nothing-to-do-with-cost-of-living/ar-AA1cdga6
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