Stockpiling

General Mills Raises Adjusted Profit Outlook On Virus-Driven Demand

Cheerios maker General Mills Inc on Wednesday raised its adjusted profit growth forecast for 2020, boosted by higher demand for its packaged products as pe...

Naked Wines Suspends Orders After Surge Due To Virus

Online wine subscription company Naked Wines has temporarily stopped taking new orders after an unprecedented surge in business, the latest sign the corona...

Over A Third Of UK Shoppers Already Stockpiling Food, Study Finds

Just over a third (34%) of UK shoppers are already stockpiling food in case of an escalation in the coronavirus outbreak, a new study has found. HIM &am...

Ebro Foods Boosts Pasta And Rice Output To Meet Coronavirus-Driven Demand

Spain's Ebro Foods has ramped up production of pasta and rice in Western Europe and the United States in the past couple of weeks to meet growing demand by...

Costco Sees Surge In Footfall Following Coronavirus Outbreak

Costco Wholesale Corp has said concerns over the coronavirus outbreak have prompted customers to stock up on essentials, including disinfectants, forcing t...

As Americans Hoard Food, Campbell Soup Speeds Up Ingredients Orders

Campbell Soup said it is ordering more ingredients to ensure it can keep enough soups, sauces and snacks on hand to meet growing demand from retailers as U...

UK Consumers Not Yet Stockpiling For Brexit: Kantar

British consumers have not yet stockpiled groceries ahead of Brexit though they are considering doing so, market researcher Kantar said on Tuesday. It s...

Brexit Ambiguity Forcing Suppliers To Stockpile Raw Materials

With the Brexit deadline looming ever closer, a new report from corporate financial advisory service Duff & Phelps has said that FMCG suppliers hav...