Michael Snyder peddles doom. When it comes to the economy, that’s the correct thing to peddle. From Snyder at the appropriately named theeconomiccollapseblog.com:
Supply chain problems were supposed to be a thing of the past, but instead our supply chains just keep getting hit by issue after issue. Have you noticed that it has become really difficult to acquire parts and get things repaired? It isn’t just your imagination. And have you noticed that store shelves seem rather sparse just about wherever you go shopping? During my latest visit to the local grocery store, I was stunned to see how thin stock levels had become. I assumed that it was because I had arrived at a bad time and that they were about to be restocked. But then I started looking into this, and I discovered that major supply chain issues are starting to develop all over the country.
According to a survey that was recently conducted, a whopping 82 percent of those that visit brick and mortar stores have had problems with things being out of stock this year. That figure is up 11 percent from the same time last year…
More than four-fifths (82%) of bricks and mortar shoppers say they’ve experienced items being ‘out of stock’ this year, according to new research.
The data – from software provider Retail Insight – finds this headline figure is up 11 percentage points year-on-year, and says supply chain disruptions causing it are now seriously threatening customer loyalty.
The findings are based on a survey of 1,000 people, and found shoppers believe product availability has become increasingly a problem since the onset of the pandemic – as reported by 71% of respondents. An additional three-quarters (75%) said product availability has worsened since the start of the cost of living crisis.
Checking out the doom meister Snyder every day.
When burning it all down is the default setting, it is wise to be ahead of the curve.
Local if you don’t go to the Pik-N-Pay early, your item might be gone until tomorrow, if they restock or a truck comes in.
Six pack of waters were all gone at two places tonight and the coffee filters are getting out of hand on the price.
I’ll check the Dollar Bazaar later even if it is a lower quality of filter or not as many.