Food companies are adding production lines, inking deals with third-parties, and building new factories in anticipation of higher demand for groceries this winter and into 2021.
Now, those same companies are bolstering production in anticipation of another spike in grocery buying this winter as COVID-19 cases rise again. During the first run-up in demand this spring, PepsiCo's Frito-Lay snack business hit pause on certain products, using the production capacity instead to keep those that consumers were buying the most in-stock at retailers, said Mike Del Pozzo, senior vice president of sales and chief customer officer at Frito-Lay North America.
Frito-Lay has also adjusted its delivery schedules for retailers as more consumers make their grocery runs during the week instead of on the weekend, Del Pozzo said. "You don't want to be putting steel in the ground," Wilson said. "Folks are leery to make those investments." "What we've seen is these folks are now investing in their own infrastructure and taking that volume back internally," Weck said.
horrible
Because apparently we didn’t learn anything about how unnecessary it is to panic buy during the first wave.