Panic buying

Payvision study shows 44% of retail consumers won't change their "COVID-19 effect' buying habits

Retrieved on: 
Thursday, May 27, 2021
Economy, Marketing, Articles, Marketing strategy, Merchandising, Retail, Panic buying, Grocery store

AMSTERDAM, May 27, 2021 /PRNewswire/ --Global retail spending fell dramatically throughout the 2020 lockdown as governments asked virtually all non-grocery retailers to close.

Key Points: 
  • AMSTERDAM, May 27, 2021 /PRNewswire/ --Global retail spending fell dramatically throughout the 2020 lockdown as governments asked virtually all non-grocery retailers to close.
  • However, this was partially offset by the surge in panic buying essential goods at the start of the lockdown restrictions.
  • In Europe, online retail spends on physical and digital goods increased by USD116 billion in 2020 to reach a total of USD832 billion.
  • Payvision's findings are clear: it is time for retailers to adjust to the new post-pandemic climate, as 44% of consumers are convinced that their new buying habits will not change post-COVID-19.

COVID Baking Boom Boosts Egg Carton Demand

Retrieved on: 
Wednesday, September 9, 2020
Economy, Articles, Scarcity, Egg carton, Eggs, Food packaging, Packaging, Egg as food, Panic buying, Carton, Shortage, Inventory

Consequently, US food retailers faced an egg shortage and egg prices began to spike , leading a number of retail outlets began instituting rationing policies to help increase availability.

Key Points: 
  • Consequently, US food retailers faced an egg shortage and egg prices began to spike , leading a number of retail outlets began instituting rationing policies to help increase availability.
  • Additionally, as egg producers shifted their supply from foodservice outlets to supermarkets, significant pressure was exerted on the inventory of retail egg cartons, leading to a shortage.
  • Nonetheless, tightness in egg carton supplies has begun to ease as fears of egg shortages have relaxed and as panic buying by consumers has tapered off.
  • Demand for eggs and egg cartons is expected to return to a more stable pattern over the long term.

Strategy Analytics: Lenovo and HP Control 50% of the Notebook Market Combined as Shipments Soar in Q2 2020

Retrieved on: 
Monday, August 17, 2020
Internet, Hardware, Consumer electronics, Mobile, Wireless, Technology, Classes of computers, Economy, Articles, Personal computing, Scarcity, Laptop, Personal computer, Panic buying, Computing, Internet, Hardware, Consumer electronics, Mobile, Wireless, Technology, Classes of computers, Economy, Articles, Personal computing, Scarcity, Laptop, Personal computer, Panic buying, Computing

Consumers, commercial clients, and schools scrambled to purchase mobile productivity devices once thought to be redundant, driving 27% year-on-year growth for notebook shipments, according to Strategy Analytics latest report.

Key Points: 
  • Consumers, commercial clients, and schools scrambled to purchase mobile productivity devices once thought to be redundant, driving 27% year-on-year growth for notebook shipments, according to Strategy Analytics latest report.
  • Now up for debate is whether demand from the back-to-school and holiday seasons were pulled forward due to the pandemic or if this just the beginning of a new growth era for Notebook PCs.
  • Most vendors started the quarter by delivering panic buy/backlog orders which were held back in March due to the lockdown imposed on majority of the countries.
  • How these behaviors develop during and after the pandemic will be closely studied to determine the direction of the notebook market long-term.

Cat Food Sees 162% Growth as Panic-Buying Extends to Pet Care Amid Coronavirus Fears - ResearchAndMarkets.com

Retrieved on: 
Monday, April 27, 2020
Food, Beverage, Consumer, Retail, Pets, Specialty, Pet foods, Animal virology, Organisms, Articles, Cat food, Animals, Coronavirus, Cat, Panic buying

ResearchAndMarkets.com published a new article on the cat food industry, "Cat Food Sees 162% Growth as Panic-Buying Extends to Pet Care Amid Coronavirus Fears"

Key Points: 
  • ResearchAndMarkets.com published a new article on the cat food industry, "Cat Food Sees 162% Growth as Panic-Buying Extends to Pet Care Amid Coronavirus Fears"
    The COVID-19 pandemic has driven some consumers to stockpile food and essential goods and feline family members have not been forgotten.
  • There has been a reversal of the trend towards premium cat foods as a result of the financial uncertainty brought about by COVID-19.
  • There has also been a huge increase in the demand for dry cat food since this can be cheaper, longer-lasting and more energy dense than wet cat foods.
  • To see the full article and a list of related reports on the market, visit "Cat Food Sees 162% Growth as Panic-Buying Extends to Pet Care Amid Coronavirus Fears" .