Southeastern Grocers CEO Anthony Hucker told CNBC on Thursday that his company's experiences dealing with hurricanes are paying off during the coronavirus outbreak.
." "The supply chain is very, very robust, and we're well-practiced in the muscle of disaster relief," he added. One similarity between hurricanes and the coronavirus is preparation time, Hucker said. There is typically a three-to-five day period to prepare for a hurricane, whereas the company projects a "five-to-seven day lag" with the coronavirus, he said.
Already, Hucker said, the company has seen an increase in business as concerns about the outbreak change consumer behavior, mirroring trends across the United States.
From aussie to japan, peoples stock up 2 things: masks, and bathroom tissues. Why? CH shipping is going nowhere!