Thanksgiving Stock, Lower Than Usual , at Grocery Stores.
CNN reports that as of the week ending
November 7, retailers had less Thanksgiving
stock than the same time last year. .
IRI, a market research firm that focuses
on U.S. retail sales, said the number of frozen turkeys
in stock was down to 64% from 86% last year. .
According to the firm, packaged pie, liquid
gravy and cranberry sauce numbers were also down
approximately 10% from the same time last year. .
According to the firm, packaged pie, liquid
gravy and cranberry sauce numbers were also down
approximately 10% from the same time last year. .
Krishnakumar Davey, president of IRI's strategic
analytics practice, says that retailers typically
like to have about a 95% overall in-stock rate. .
CNN reports that this year, stores are
not even close to reaching that number. .
Supply chain disruptions and a spike
in demand have both reportedly contributed
to the shortage of Thanksgiving goods. .
Supply chain disruptions and a spike
in demand have both reportedly contributed
to the shortage of Thanksgiving goods. .
According to IRI's Davey, consumers
looking for particular brands may
have to substitute with alternatives. .
If you're particular about some things,
then you may or may not find them
on your shelf. That's the key takeaway, Krishnakumar Davey, IRI President
of Strategic Analytics Practice, via CNN.
Stew Leonard Jr., the CEO of a small grocery chain, said that while he's had difficulty stocking some brands, he has been able to make substitutions. .
I would say this is a Thanksgiving
of alternatives. I can't guarantee
our customers that they will have
every single item they want.
But I can guarantee that
they will have an alternative
to what they want, Stew Leonard Jr., CEO of Stew Leonard's, via CNN