The nationwide baby formula shortage is getting worse
www.cbsnews.com/news/baby-formula-shortage-worse-ration-limi…
At retailers across the U.S., 40% of the top-selling baby formula products were out of stock as of the week ending April 24, a new analysis from Datasembly, which tracked baby formula stock at more than 11,000 stores, shows. National out-of-stock levels jumped nine percentage points, from 31% to 40% between April 3 and April 24. That’s up sharply from 11% in November…
The supply of baby formula was already so constrained that retailers have been limiting the number of products consumers are allowed to purchase in order to preserve their inventories. Drugstore chains Walgreens and CVS Health, and department store Target in April put limits on how many baby formula products consumers can purchase at one time…Prices of baby formula, which three-quarters of babies in the U.S. receive within their first six months, have also spiked…
Supply-chain snarls related to COVID-19 are contributing to the shortage of formula around the U.S. They include manufacturers having more difficulty procuring key ingredients, packaging hangups and labor shortages, with those factors combining to affect production and distribution. In addition, a major baby formula recall in January exacerbated shortages.
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