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OPINION

Free trade in green goods needed

Oped, Albert Park & Jong Woo Kang, Published on 02/08/2023

» International trade has boosted economic growth in many countries, especially those without abundant natural resources or fixed capital. In addition to creating opportunities for cross-border specialisation, trade has made it possible to import cheap consumer goods, intermediate inputs for manufacturing, and capital equipment. This is especially true in Asia and the Pacific, which accounted for 35% of global trade in 2020, up from 25% a decade earlier.

BUSINESS

Companies Respond to New Covid Variant With Concern, Confusion

Business, Chip Cutter & Jaewon Kang, Published on 30/11/2021

» U.S. companies responded to the new Covid-19 variant with a mix of both concern and confusion. Some executives scheduled calls with internal teams to assess the threat or peppered health advisers with questions, while many cautioned that they would hold off in making changes to operations until more is known.

BUSINESS

Supermarkets Get New Looks as E-Commerce Grabs Hold

Business, Jaewon Kang, Published on 06/11/2020

» Supermarkets are using pandemic-driven changes in shopping behavior to accelerate the shift to e-commerce they have been seeking but have been slow to realize in recent years.

BUSINESS

Whole Foods CEO: Many People Are Done With Grocery Stores

Business, Jaewon Kang, Published on 14/09/2020

» John Mackey helped popularize organic food when he co-founded Whole Foods Market four decades ago. Over the past several months, his chain of more than 500 stores has scrambled to adapt to another major shift in how Americans buy groceries.

BUSINESS

Grocers Embrace Food Delivery, but They Still Don't Love It

Business, Jaewon Kang, Published on 16/06/2020

» Grocers charged into delivery to meet a surge in demand sparked by the coronavirus crisis, though many haven't figured out how to get food to customers' homes profitably and some wonder if they ever will.

BUSINESS

Specialty Grocers Lose Their Edge

Business, Jaewon Kang, Published on 03/03/2020

» Gourmet grocers are losing their edge as natural foods become mainstream.