With eye on inflation, Panda hosts event for suppliers

With eye on inflation, Panda hosts event for suppliers

Panda Retail Company recently held its first annual event for suppliers, which was attended by more than 300 company executives and members of the media. The Panda Annual Collaborative Event, or PACE, took place at The Venue Jeddah Corniche, and aimed at empowering people to live a better life, spotlighting the local and international impacts of inflation, and finding solutions to ensure consumers are protected from the worst inflationary effects. CEO of Panda Retail Company Dr. Bander Talaat Hamooh said PACE comes as an extension of the support provided by the Kingdom’s wise leadership to facilitate better customer experience in the retail sector. He highlighted a number of initiatives taken up by the Saudi government to reduce the effects of inflation on consumers in the Kingdom. Underlining Panda’s role in these initiatives, Hamooh said the company was a key participant in the “Ma Tegla Alik” campaign launched by the Federation of Saudi Chambers in collaboration with the regional commerce chambers to provide basic food commodities at reduced prices, including more than 40 basic items such as chicken, eggs, rice, milk, oil, meat and others. In addition, Panda launched an innovative campaign, titled “Thabatn’aha,” to reduce the prices of more than