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| Subject: 'Thank' the statists: Baby formula shortage continues: Nearly 30% of popular brands sold out, stores ration sales Sat Apr 09, 2022 10:05 pm | |
| Less than two months after a baby formula recall, retailers are reporting shortages with some stores rationing sales.
Nearly 30% of popular baby formula brands may be sold out at retailers across the U.S., according to an analysis by Datasembly, which assessed supplies at more than 11,000 stores.
That's a higher level than other products, said Ben Reich, CEO of the Tysons, Virginia-based research firm. "Inflation, supply chain shortages, and product recalls have brought an unprecedented amount of volatility to the category, and we expect to continue to see baby formula as one of the most affected categories in the market,” he said.
The shortage comes after Abbott Nutrition voluntarily recalled in mid-Februaryselect batches of Similac, Alimentum and EleCare formulas manufactured in Sturgis, Michigan. Two weeks ago, the Food and Drug Administration said the formula maker failed to maintain sanitary conditions and procedures at that plant.
"Product supply challenges are currently impacting most of the retail industry," CVS Health, which owns the pharmacy chain, said in a statement to USA TODAY. "We’re continuing to work with our national brand baby formula vendors to address this issue and we regret any inconvenience that our customers may be experiencing."
.https://www.usatoday.com/story/money/shopping/2022/04/09/baby-formula-shortage-2022-worsens/9525498002/
_________________ Anarcho-Capitalist, AnCaps Forum, Ancapolis, OZschwitz Contraband “The state calls its own violence law, but that of the individual, crime.”-- Max Stirner "Remember: Evil exists because good men don't kill the government officials committing it." -- Kurt Hofmann |
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