The surge in new crown cases has revived the US panic buying, and online shopping is expected to usher in high growth

As the number of new cases of new coronary pneumonia in a single day in the United States continues to hit new highs, some supermarkets have seen consumers snap up paper supplies and cleaning supplies.

According to a CNN report on Tuesday (November 17), Wal-Mart US CEO John Verner said that the supply chain is difficult to keep up with the increasing demand, and the stocks are tight in regions where cases are soaring.


Wal-Mart has not implemented a purchase restriction policy for all stores. However, Wal-Mart spokesperson Delia Garcia said that store managers have the right to “implement purchase restrictions based on specific store experiences.”

Several other large supermarket chains have re-purchased toilet paper, paper towels, and disinfectant wipes. Kroger stipulates that bath towels, paper towels, disinfectant wipes and soaps can be purchased at most two items each. Giant supermarkets in the eastern United States limit the purchase of one piece of larger toilet paper and four pieces of small toilet paper.

A Target supermarket and a Costco supermarket in Spokane Valley, Washington, were also sold out. “I really hope that our stores will not have consumers hoarding goods. This is really unnecessary and most useless,” said Washington Governor Jay Insley.

Steven Taylor, an epidemiological psychologist at the University of British Columbia, pointed out: “Toilet paper is still the target of panic buying.” “Many consumers have a hunch that others will buy it in panic.”

Next week, the United States will usher in Thanksgiving Day (November 26), the holiday of family reunion, and “Black Friday” (November 27), the biggest discount shopping season of the year. However, when the epidemic has not yet eased, a survey of 1,000 American adults conducted by the personal finance website FinanceBuzz showed that 57% of respondents indicated that the possibility of personally shopping offline on “Black Friday” is lower than in previous years.

At the same time, online shopping is expected to usher in another wave of growth. Adobe Analytics predicts that American consumers will spend $189 billion online this year, breaking the record of previous holiday seasons. According to Adobe’s forecast, online sales are expected to reach US$10 billion in just one day of “Black Friday”, an increase of 39% over 2019.

In the foreign trade industry in 2020, there is a popular phrase: “masks in February, forehead guns in March, meltblown cloth in April, helmets in May, and bicycles in June.” The development of the industry is driven by the outbreak of demand. The scene has been staged repeatedly this year.

The relevant data from Alibaba International Station shows that the bicycle industry’s export explosion orders “returned” in the third quarter. An exclusive data from Tianyancha shows that in July, there were 18,538 new registered bicycle manufacturers nationwide, and 15,540, 15,730, and 1,1024 were added from August to October. What is the reason behind this? Is it sustainable? This Securities Times reporter interviewed many industry experts and industry insiders to solve the mystery.

“The orders we currently have in hand have been scheduled until July 2021.” Luo Yu, business general manager of Shanghai Phoenix Import and Export Co., Ltd., told a reporter from the Securities Times. “Domestic orders have also increased during the epidemic. Domestic orders have surged in April. With the spread of the overseas epidemic, overseas demand began to recover in June.”


This article is reproduced from State Reading Network.

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