Blacknarwhal
Let's Go Brandon!
...we've seen a lot of unpleasantness this year, but this may be the limit.
Now they're talking about COOKIE SHORTAGES!
Is it time for the fourth box yet? Make Keebler great again!
Fair use cited so on and so forth.
Are You Ready For A Cookie Shortage This Holiday Season?
by Tyler Durden
Saturday, Dec 12, 2020 - 18:00
Campbell Soup Co., the maker of Pepperidge Farm cookies, warned in an earnings call Wednesday that a cookie shortage could arrive this holiday season.
Campbell's CEO Mark Clouse said cookies under the Pepperidge Farms brand, such as Milano and Chessman, face "supply constraints" due to the virus pandemic forcing people to stay home, which in return has driven up demand.
Pepperidge Farm cookie demand rose 8.7% in the 13 weeks ending on Nov. 1, Campbell said. The company called cookie consumption this year, "sustained and very strong."
Data compiled by Top Data shows cookie consumption by Americans soared 25% since the start of the virus pandemic, with one in five Americans eating at least three or more cookies per day.
Source: Bloomberg
As we've previously noted, food shortages have been happening all year as the food supply chain remains stressed.
Now they're talking about COOKIE SHORTAGES!
Is it time for the fourth box yet? Make Keebler great again!
Fair use cited so on and so forth.
Zerohedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
Are You Ready For A Cookie Shortage This Holiday Season?
by Tyler Durden
Saturday, Dec 12, 2020 - 18:00
Campbell Soup Co., the maker of Pepperidge Farm cookies, warned in an earnings call Wednesday that a cookie shortage could arrive this holiday season.
Campbell's CEO Mark Clouse said cookies under the Pepperidge Farms brand, such as Milano and Chessman, face "supply constraints" due to the virus pandemic forcing people to stay home, which in return has driven up demand.
Supply constraints are hitting during the holiday season where cookie demand tends to surge."This portfolio is unique with proprietary recipes, and therefore we do not outsource production," Campbell told Bloomberg. "We've prioritized increasing supply and are already leveraging capacity opportunities across the network to meet increases in demand and maximize availability."
Pepperidge Farm cookie demand rose 8.7% in the 13 weeks ending on Nov. 1, Campbell said. The company called cookie consumption this year, "sustained and very strong."
Data compiled by Top Data shows cookie consumption by Americans soared 25% since the start of the virus pandemic, with one in five Americans eating at least three or more cookies per day.
Source: Bloomberg
As we've previously noted, food shortages have been happening all year as the food supply chain remains stressed.