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Thanksgiving Stock Lower Than Usual at Grocery Stores

2021-11-18 325 Dailymotion

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

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