Saturday, November 21, 2020

No Bacon, No Bath Tissue: Panic Buying Returns on Covid Jump - Bloomberg

No Bacon, No Bath Tissue: Panic Buying Returns on Covid Jump - Bloomberg
"We’re out of toilet paper again.
Households across the U.S. are once again filling grocery carts brimful in a second round of panic buying as the virus surges and states clamp down on economic activity. 
...“It really does have everything to do with what’s happening with Covid cases in any particular community,” Walmart’s chief executive officer, Doug McMillon, said on an earnings call in the past week. 
“We’re going to be able to respond in this instance better than we did in the first half of the year, although we’re still -- as a total supply chain -- stressed in some places.”...Read all.

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