Grocery-store chains are still battling supply challenges that some executives said are as bad as what they saw in spring 2020, whenIndustry executives say new problems are arising weekly, driven by shortages of labor and raw materials. . A wider range of products is running short and logistical challenges are compounding for many retailers.
Donny Rouse, chief executive of Louisiana-based Rouses Markets, said he is struggling to fill shelves as his company runs low on everything from pet food to canned goods. The chain of more than 60 supermarkets is sometimes receiving as little as 40% of what it orders, prompting Mr. Rouse and his staff to try to secure products earlier and more often. Before the pandemic, Rouses received well over 90% of its orders.
“It is difficult for customers to get everything they want to get,” said Mr. Rouse, grandson of the chain’s founder. Many grocery chains said that it is hard to predict how complete or on-time their deliveries will be due to limited guidance from suppliers, and executives said there is often little recourse when trucks show up with a fraction of what was ordered. Demand is higher than expected by retailers, with monthly sales up about 14% from two years ago and 3% from a year ago, according to data from research firm IRI.
Printing money does not solve the problem.
No problem here…as long as he has his chocolate ice cream for his Matlock Marathon.
Just a small preview of things to come as America becomes Venezuela.
Es erinnert mich an unsere vier Wochen in Florida, als wir hilflos vor endlosen Reihen Milch, Joghurt, Kaffee und etc. standen.😆
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You can live without frozen waffles & beverages - you'll live longer.
Industries had to cut back so much that they aren’t able to catch up. Another byproduct of poor leadership and planning by the Republicans.
Look at the prices of food.....
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Me? ADHD cPTSD KFC & CIGs... To name a few
When they finally restock those shelves..
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This isn't just till 2022,this will become a permanant cycle
good luck
Reality is about to hit the unaware like a mack truck. Stores have been hoarding for months. People will be hoarding next again.
Permanent food shortages ahead..
I just purchased a box of frozen waffles last night at a store in Philly. No problem finding my preferred brand.
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Source: Forbes - 🏆 394. / 53 Read more »