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Supermarkets Are Stockpiling Inventory as Food Costs Rise
wsj ^ | 7/6/21 | Jaewon Kang

Posted on 07/09/2021 11:01:18 AM PDT by Roman_War_Criminal

Supermarkets are stocking up on everything from sugar to frozen meat before they get more pricey, girding for what some executives anticipate will be some of the highest price increases in recent memory.

Some supermarkets said they are buying and storing supplies to keep their shelves full amid stronger demand. Grocery sales in the U.S. for the week ended June 19 rose about 15% from two years earlier and increased 0.5% from a year earlier, according to Jefferies and NielsenIQ data.

Stockpiling by food retailers is driving shortages of some staples, grocery industry executives said, and is challenging a U.S. food supply chain already squeezed by transportation costs, labor pressure and ingredient constraints.

(Excerpt) Read more at wsj.com ...


TOPICS: Business/Economy; Culture/Society; Miscellaneous; News/Current Events
KEYWORDS: chainsupply; food; foodsupply; groceries; inflation; oodaloop; prepper; preppers; starvation; supplychain
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To: Beagle8U

No lids, already checked.


21 posted on 07/09/2021 11:41:19 AM PDT by hardspunned (former GOP globalist stooge)
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To: hardspunned

What’s old is new.

https://reusablecanninglids.com/

We went with these, though they may be hard to find


22 posted on 07/09/2021 11:49:40 AM PDT by ferret_airlift
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To: glimmerman70
Lumber prices dropped. 2X6X12 was 22 bucks. Went yesterday and was only 15 bucks.

Lumber is still expensive here in the SF Bay Area. A couple days ago bought some 2x12x12 treated for $39 each. I needed 2x12x8 and no supplies could be found, besides that they were priced at $43 each. So I bought the longer boards for a cheaper price, and the store cut them for free. Crazy. I can still make use of the leftover 4ft pieces.

23 posted on 07/09/2021 11:51:16 AM PDT by roadcat
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To: Roman_War_Criminal; Tilted Irish Kilt

Could they be telling “just-in-time” to stick it?


24 posted on 07/09/2021 12:00:36 PM PDT by Tolerance Sucks Rocks (Florida: America's new free zone.)
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To: bigbob

I’m seeing the same in N. California, and so are our relatives/friends across America.

Some frozen foods like tater tots and sweet potato tater tots are missing. What we are seeing is a lot of movement from one shelf to a different shelf in a different part of the store.

I’ve not seen price increases. There’s as much food as before and as many eaters. Just as much TP being made and just as many butts that need wiping.

Made-up non-crisis.


25 posted on 07/09/2021 12:10:06 PM PDT by Grampa Dave (“Respond only to polite and intelligent posters! Who don’t insult you or us! Forget the others!”)
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To: frank ballenger

Yup—you know the Democrats are gonna start talking about how rationing is “patriotic”....just a matter of time....


26 posted on 07/09/2021 12:19:15 PM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: frank ballenger

/hurl


27 posted on 07/09/2021 12:27:03 PM PDT by sauropod (The smartphone is the retina of the mind's eye.)
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To: bigbob

Normalcy bias.


28 posted on 07/09/2021 12:28:27 PM PDT by sauropod (The smartphone is the retina of the mind's eye.)
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To: Roman_War_Criminal

no paywall:

https://www.foxbusiness.com/economy/supermarkets-stockpiling-inventory-food-costs-rise


29 posted on 07/09/2021 12:32:26 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: hardspunned

I don’t use a special rubber template materiel made by 3M. They’ve cut down the number of rolls they’ll ship to us because of ‘scarcity of raw materiel’. That sounds fairly ominous to me…don’t understand it.


30 posted on 07/09/2021 12:37:53 PM PDT by TalBlack (We have a Christian duty and a patriotic duty. God help us.)
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To: George from New England

Made a trip to town today and observed a couple of interesting inventory issues.

The WalMart knife counter has received 3 items from this time last week. Now there are only 57 empty displays instead of the 60 noticed last week.

The Aldi Freezer and refrigerated sections are starting to show signs of fewer choices.


31 posted on 07/09/2021 12:37:58 PM PDT by Rebelbase (Play with knives long enough and you will eventually bleed.)
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To: TalBlack

I do use feckin iPhone


32 posted on 07/09/2021 12:41:40 PM PDT by TalBlack (We have a Christian duty and a patriotic duty. God help us.)
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To: Phillyred

Let’s see here, what do we have? Rising inflation. Increasing scarcity of goods and services. Groups promoting racial disparity and hatred. Party/government people going door to door for “persuasion” purposes. Where have we seen this before?


33 posted on 07/09/2021 12:54:06 PM PDT by pt17
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To: Roman_War_Criminal

Lies, gas lighting and a coupla lies in there. WSJ is crap. Dont post this crap from WSJ.


34 posted on 07/09/2021 1:29:39 PM PDT by Delta 21 (Get off your ass and earn it!)
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To: George from New England

We’re still limited to 3 cans of corn or whatever the item.

Storerooms are not getting bigger so where are these stores storing extra stuff?


35 posted on 07/09/2021 1:51:34 PM PDT by bgill
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To: Roman_War_Criminal

The government is pumping free money into EBT accounts so the slugs are buying everything in sight...


36 posted on 07/09/2021 1:52:55 PM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: hardspunned

Saw on the local news there is an up tick in bicycle theft and repair parts are made in China. Is there one thing not made in China?


37 posted on 07/09/2021 1:54:16 PM PDT by bgill
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To: Bulwyf

Ha.....and, that’s from your hi-rise balcony, right?

Kidding.

Yes....it WILL be rough for those living in urban areas, when fit hits the shan.


38 posted on 07/09/2021 1:56:49 PM PDT by Jane Long (America, Bless God....blessed be the Nation 🙏🏻🇺🇸)
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To: central_va

so the slugs are buying everything in sight...


Like the ones at the Neiman Marcus San Francisco store?


39 posted on 07/09/2021 1:57:44 PM PDT by Jane Long (America, Bless God....blessed be the Nation 🙏🏻🇺🇸)
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To: Bulwyf

Last year, there were over 50 geese. This year just a dozen. Hate to think someone killed so many.


40 posted on 07/09/2021 2:01:31 PM PDT by bgill
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