So much has changed during the past few months since COVID-19 became a public health crisis and has now morphed into a financial pandemic creating havoc in the U.S. and globally.
Amid concerns over the meat supply chain as a result of plant closures due to the coronavirus.
We are now a few months into the COVID-19 pandemic in the U.S.
Phantom inventory is one of the biggest challenges that retailers face when managing proper inventory levels and availability on the shelf.
With consumers continuing to panic-buy and stockpile items from the grocery store, the CPG sector is on the front lines of the rapidly shifting COVID-19 pandemic.
Panic buying has somewhat slowed and certain items now have restrictions on the number purchased, we are seeing significant changes across much of the store.
Past crises provide a look at the short- and long-term effects of stockpiling behavior.
See recommendations on how to navigate stockpiling challenges during this time
There are unique recommendations for smaller and lower-penetration brands during this time.
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