Panda Holds PACE with suppliers to tackle global inflation

Panda Holds PACE with suppliers to tackle global inflation

Panda Retail Company yesterday held its first annual event for suppliers: "PACE" (Panda Annual Collaborative Event), at The Venue Jeddah Corniche Hotel. PACE focused on empowering people to live a better life, discussing the local and international impacts of inflation, and finding solutions to ensure consumers are protected from the worst inflationary effects. PACE was attended by more than 300 company executives and key journalists who were keen to cover the event.

Inflation and food security

The CEO of Panda Retail Company, Dr. Bander Talaat Hamooh, confirmed the importance of establishing the "PACE" event, which comes as an extension of the support provided by wise leadership to find practical solutions and facilitate better customer experience in the retail sector. Dr. Hamooh was grateful for the submission of the government of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, and His Royal Highness Prince Muhammad bin Salman, for a number of initiatives that contribute to reducing the effects of inflation on consumers in the Kingdom.

He added that Panda played a strong part in the "Ma tegla alik" campaign launched by the Federation of Saudi Chambers in collaborative with the Chambers of Commerce to provide basic food commodities at