Baby formula companies blame high prices on QC regs
May 12, 2023
Baby food and formula prices were up 8.8 percent year-over-year in April with manufacturers blaming government regulations developed to avoid a repeat of last year’s infant formula shortage. Manufacturers have invested in quality control technology to ensure that products meet the government’s safety standards.
Recent News
Express’s New Owner Brings Post-Bankruptcy Hope to Beleaguered Retailer
Express’s bankruptcy filing earlier this month had analysts concerned about the popular clothing retailer’s survival, but news about its new owner has given a glimmer of hope to both Wall Street and consumers alike.
Fast-Food Chains in California Significantly Spike Prices on Menus
Restaurants in California are staying true to their word that menu prices would increase following the state’s rise in the minimum wage for fast-food workers.
LVMH Is Creating Luxury Cityscapes Around Its Designer Stores
LVMH is transforming older neighborhoods worldwide into upscale plazas and shopping hubs.
NHTSA Investigates Tesla Autopilot Again After Recent Software Update
Tesla Autopilot is once again the subject of an NHTSA investigation.