19 Oct 2021
People Are Hoarding: Food Shortages Are the Next Supply-Chain Issue
The Index Today
Food shortages are already happening in U.S. In Denver, public-school children are facing shortages of milk. In Chicago, a local market is running short of canned goods and boxed items.
There’s plenty of food, but there just isn’t always enough processing and transportation capacity to meet rising demand as the economy revs up.
According to reports by Bloomberg, more than a year and a half after the coronavirus pandemic upended daily life, the supply of basic goods at U.S. grocery stores and restaurants is once again falling victim to intermittent shortages and delays.
Vivek Sankaran, chief executive officer of Albertsons Cos., who echoed the laments of other retailers said that, “I never imagined that we’d be here in October 2021 talking about supply-chain problems, but it’s a reality, any given day, you’re going to have something missing in our stores, and it’s across categories.”