Panic buying at supermarkets peaked in mid-March as the pandemic turned shoppers into hoarders emptying shelves of toilet paper, disinfectant wipes and paper towels. But Walmart, which gets more than half its U.S. revenue from grocery sales, didn’t benefit much from the early buying as...
Despite increased demand for its soap brands, Unilever’s CEO said the U.K. consumer products firm is not benefiting from the coronavirus crisis. In an interview with CNBC’s “Squawk on the Street,” on Tuesday (April 14), Unilever CEO Alan Jope said while many of its brands...
The shopping habits of U.S. consumers are providing a reflection on how the COVID-19 pandemic keeps changing and impacting everyday life. Hair coloring products and hair clippers are now in high demand after toilet paper, disinfectants, and hand sanitizer were popular in the first phase...
The coronavirus has wide-reaching effects on retailers, meetings of financial leaders, on-demand grocery services and tech conferences. Here are the latest updates on its impacts around the world. Target has abandoned plans for an in-person investor and analyst meeting because of worries over the coronavirus,...
April 20, 2025
“Panic buying” in the U.S. could create an “artificially high” level of economic activity. That’s according to Federal Reserve Bank of Chicago President Austan Goolsbee, who discussed the uptick in purchasing by businesses and consumers in response to new tariffs Sunday (April 20) in an interview with “Face the Nation” on CBS. “That kind of […]
May 18, 2020
Panic buying at supermarkets peaked in mid-March as the pandemic turned shoppers into hoarders emptying shelves of toilet paper, disinfectant wipes and paper towels. But Walmart, which gets more than...
April 14, 2020
Despite increased demand for its soap brands, Unilever’s CEO said the U.K. consumer products firm is not benefiting from the coronavirus crisis. In an interview with CNBC’s “Squawk on the...
April 13, 2020
The shopping habits of U.S. consumers are providing a reflection on how the COVID-19 pandemic keeps changing and impacting everyday life. Hair coloring products and hair clippers are now in...
