Reckitt Benckiser Group plc (Reckitt) announced today that sales of its Mead Johnson baby formula powder are expected to experience a temporary downturn following significant damage to a key third-party warehouse in Mount Vernon, Indiana. The warehouse, which plays a critical role in Reckitt's Mead Johnson Nutrition business, was struck by a tornado on July 9, 2024. In a statement, Reckitt confirmed that all employees are safe and extended its deepest sympathy to the community members affected by the tornado. The Mount Vernon warehouse, housing a mix of raw materials and finished products, remains non-operational after partial access was first granted on July 13. To mitigate supply disruptions, Reckitt has redirected all inbound deliveries to its other warehousing facilities across the United States. Reckitt has a robust track record of overcoming supply chain challenges, particularly in the face of emergencies. During the 2022 U.S. baby formula shortage, the company successfully t
Retail news you can use to save time and money shopping local.