A grocery store with never-ending lines, empty shelves and outdated displays. Shoppers racing to the toilet paper aisle to grab the last rolls.
As U.S. states have now reopened in some capacity, there are several signs that consumers are cautiously re-entering the market with safety measures in place.
The phrase “the new normal” has become ubiquitous as the COVID-19 pandemic continues to dramatically impact most aspects of our lives, including our shopping and consumption behaviors.
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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