• Strategic Resource Group

Second Wave: Panic Buying of Unprecedented Proportions

Panic buying has returned to the Southland, and one industry expert said this time could be much worse. “We’re already seeing people fighting over limited inventory in the stores,” said Burt Flickinger, of the Strategic Resource Group.

“One of the leading wholesalers in New York called Procter and Gamble and said, ‘I need 15 trucks a week,'” Flickinger said. “They said, ‘Don’t call us, we’ll call you, and maybe you’ll get one truck, possibly two.’ So it’s a really sickening situation.”

“It’s really bad the week before Thanksgiving, but by the time we get to New Year’s week and into the New Year, it’s gonna be a product panic of unprecedented proportions,” Flickinger said.

Watch now: https://losangeles.cbslocal.com/2020/11/18/panic-buying-hoarding-empty-store-shelves/

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