Wednesday, November 24, 2010
People stockpiling less, not more
Since “The Troubles” began four yrs ago, I have developed food anxiety, shortage anxiety, whatever it’s called. If there are only two items in the fridge, I can hardly breathe in all the way.
Our pantry (a bookcase my brother made in shop class) can stand almost bare. No breathing for me!
Today, though, in the WSJ (Nov 23, 2010), Ellen Byron says people are hoarding fewer supplies and less food. They are “just in time” buyers now, just like companies have been for some time.
According to this, they will buy enough for a week or several days and not stock up when the price is low.
I am the opposite—I buy three TPs when the 1000-sheet stuff goes under $9. I will get three boxes of spaghetti when it’s 88 cents. Same for bread—freezer.
Still, the experts suggest people are going to the store more often and getting less.
Reportedly, the manufacturers and big stores like Costco have to allow for this now. If people are coming more often, they change their displays more often.
The warehouse stores package fewer cans in one shrinkwrap. There may be 18 eggs, not 24.
Since 2008, these companies have taken a hit because people eat from their hoards in the pantry instead of buying. Now they buy, but smaller amounts.
Me, I welcome the Value brands at our Kroger and Walmart. The big red "V" means a good deal. I might stock up.