Government have been shouting at us all today. Stop panic buying!
However, I suspect a distraction in the media.
Pubs, restaurants closed, schools closed, loads of people WFH and eating lunch at home, etc.
I couldn't find the equivalent graph for the UK, but this one is for the US:
Assuming something similar, the answer is clear, we're switching where we get our food from and the supermarkets just can't cope, and need to gear up their staff, distribution logistics, etc. This wont happen instantly.
Backing this up, I heard on the TV this week it is around 25% of our food consumption that comes from out-of-home food retailers.
Even if the panic buyers - who are arguably a small minority of thickos - were to be locked up or buying controls enforced by government, I think there would still be bare shelves at the supermarket right now.
Yes there 'is plenty of food in the supply chain', but its been going to the wrong places and will take time for our system to adjust.
However, I suspect a distraction in the media.
Pubs, restaurants closed, schools closed, loads of people WFH and eating lunch at home, etc.
I couldn't find the equivalent graph for the UK, but this one is for the US:
Assuming something similar, the answer is clear, we're switching where we get our food from and the supermarkets just can't cope, and need to gear up their staff, distribution logistics, etc. This wont happen instantly.
Backing this up, I heard on the TV this week it is around 25% of our food consumption that comes from out-of-home food retailers.
Even if the panic buyers - who are arguably a small minority of thickos - were to be locked up or buying controls enforced by government, I think there would still be bare shelves at the supermarket right now.
Yes there 'is plenty of food in the supply chain', but its been going to the wrong places and will take time for our system to adjust.
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