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Tag: stockpiling

‘Nobody will starve,’ says Ocado chair, urging Britons to stop stockpiling | Business

Stuart Rose, the former Marks & Spencer boss who now chairs Ocado, has urged Britons to stop stockpiling groceries, saying “nobody will starve” during the coronavirus outbreak. Speaking on Radio 4’s Today programme, Rose said: “There is no shortage of food. Nobody will starve. There is a £1bn more food in people’s larders than there …

‘Nobody will starve,’ says Ocado chair, urging Britons to stop stockpiling | BusinessRead More

MPs in plea to government over UK’s Covid-19 stockpiling | World news

MPs, academics, charities and those who work with vulnerable people are piling pressure on the government to ensure food and other essentials are reaching those most in need as concerns over the consequences of rampant stockpiling grow. One hundred and fifty cross-party MPs and peers have written to the government asking for it to “show …

MPs in plea to government over UK’s Covid-19 stockpiling | World newsRead More

Asda puts restrictions on shoppers to limit stockpiling | Business

Asda is closing its cafes and pizza counters and restricting shoppers to three items on all food, toiletries and cleaning products as supermarkets continue to battle high demand because shoppers are stocking up during the coronavirus outbreak. In a blogpost to customers, the supermarket said it was making the changes because of “heightened demand for …

Asda puts restrictions on shoppers to limit stockpiling | BusinessRead More

Here’s why people are panic buying and stockpiling toilet paper

A man looks for products at a supermarket after panic buying due to the Coronavirus. Chris Putnam | Barcroft Media | Getty Images Panic buying has been rife amid the global spread of the new coronavirus, with consumers around the world stockpiling goods like hand sanitizer, canned foods and toilet paper. The trend has seen …

Here’s why people are panic buying and stockpiling toilet paperRead More

Where shoppers are stockpiling the most

A man looks for products at a supermarket after panic buying due to the Coronavirus. Chris Putnam | Barcroft Media | Getty Images Colorado has yet to report any cases of the new coronavirus in the state, yet consumers there are already stockpiling more powdered milk and cans of soup than in Washington state, where …

Where shoppers are stockpiling the mostRead More

Grocers try to prevent ‘panic buying’ as coronavirus causes stockpiling

Empty shelves of sanitizer products at a CVS in Rivers Edge, N.j., as a result of the coronavirus outbreak. Fahiemah Al-Ali | CNBC As an outbreak of a new coronavirus causes some U.S. customers to fill up shopping carts and thin out store shelves, industry groups and experts say grocers can tamp down on “panic …

Grocers try to prevent ‘panic buying’ as coronavirus causes stockpilingRead More

UK supermarkets braced for stockpiling if coronavirus escalates | Business

British supermarkets are preparing for stockpiling and panic buying by consumers if the coronavirus outbreak worsens in the UK – but analysts and retailers said the sector was prepared to handle major disruption. A major outbreak could result in “panic buying, empty shelves and food riots”, according to a research note by Bruno Monteyne, an …

UK supermarkets braced for stockpiling if coronavirus escalates | BusinessRead More

UK retail stockpiling reaches record levels on back of Brexit concerns | Business

Britain’s biggest retailers have been ramping up their stockpiling efforts to record levels in the run-up to Brexit, according to the Confederation of British Industry. The country’s leading business lobby group said retailers’ stock levels compared with the volume of expected sales had risen to the highest point in October since it began compiling retail …

UK retail stockpiling reaches record levels on back of Brexit concerns | BusinessRead More