Nestle, P&G investigate palm oil sourcing after green group’s Indonesia deforestation report

Nestle, P&G investigate palm oil sourcing after green group’s Indonesia deforestation report

JAKARTA: Consumer brands including Nestle and Procter & Gamble said they conducted investigations after an environmental group said palm oil sourced from an illegally cleared wildlife reserve in Indonesia may have found its way into their supply chains. Rainforests within the legally protected wildlife reserve had been cleared to make way for palm oil plantations … Read more

‘Upflation’ driving up prices for odd products like all-body deodorant

‘Upflation’ driving up prices for odd products like all-body deodorant

Consumer goods manufacturers are slapping exorbitant prices on oddball personal care products such as total body deodorant and razors to remove pubic hair — a new, unwelcome trend in retail known as “upflation.” Unlike “shrinkflation,” in which companies reduce the size and quantity of items in packages while keeping the prices more or less the … Read more