Source: Zero Hedge
“A Lot Of Hoarding” – Americans Race To Supermarkets As Second Wave Arrives Tyler Durden Wed, 10/28/2020 – [17:25] The outlook for the virus pandemic is worsening across the country, with more than twenty states reporting case numbers at or near record levels. As cases rise, so do anxieties among consumers who have already started panic hoarding for the second time this year as the COVID winter approaches . As the panic hoarding begins, food makers are prepared this time, unlike the first round that started in March , which resulted in widespread shortages of food products. Bloomberg notes General Mills, Campbel Soup, Conagra Brands, and Stonyfield Farm have expanded internal and external product lines this summer to prepare for another panic wave of buying. “America’s food-makers are determined not to get caught flatfooted again. Many companies left sales on the table this spring when they couldn’t ramp up production fast enough for the dried pasta and canned soups that skittish consumers were stockpiling.
