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KEY POINTS
- Alarmed consumers are hoarding food as they spend more time dining at home rather than out.
- Measures have been put in place to help grocers adjust.
- So far, there are no major concerns about the supply chain as the country grapples with the rapid spread of the coronavirus.
- There are some larger worries about labor shortages or food security globally as the world is confronted with the uncertainty of what could be ahead.
The World Health Organization on March 11 declared the coronavirus a pandemic. Within a week, the Centers for Disease Control and Prevention recommended that Americans keep a 14 day supply of food and other essentials. Alarmed consumers rushed to supermarkets hoarding groceries and cleaning products, leaving some stores trying to keep up with the surge…
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