These 4 Products Are Flying Off the Shelves as COVID Surges
You may want to stock up on these items before they're all sold out.
No one can forget fighting just to secure toilet paper at the start of the pandemic. Fortunately, as the months progressed, people became slightly less fervent about their toilet paper needs and most store shelves have been adequately stocked since. But as a new wave looms, will the world face that panic again? It turns out, we may already be headed that way. According to Walmart CEO Doug McMillon, there are several products consumers are buying up as COVID surges once more.
"Things are getting better, but we have a ways to go to recover. It will be choppy for months to come as we all deal with the volatility and as things change," McMillon said at the Yahoo Finance All Markets Summit. "Today there has been some leveling out, but with the case counts coming back up, there are some areas we see stock-up behavior again locally."
Wondering what's getting snatched up by consumers? Read on to find out which products are flying off the shelves as COVID surges so you can get your hands on some before they're all sold out. And for products you should wait to buy, learn Why You Shouldn't Buy Apple AirPods This Year, Insider Says.
Conagra Brands, Inc. is the company behind some of the most popular frozen food brands, including Marie Callender's, Healthy Choice, and EVOL. And they're one of the companies that have reported strong sale gains in the United States for the most recent quarter. For the first quarter of fiscal year 2021 (which ended Aug. 30), Conagra Brands, Inc. saw a 15 percent growth in organic net sales. And for food products not doing well, Trader Joe's Just Recalled This Product for Posing Life-Threatening Risk.
Sales for Procter & Gamble also rose significantly in the last quarter. This company—which is responsible for some of the most popular cleaning brands like Tide, Charmin, and Comet—saw a 9 percent increase in organic sales. And for more retail news, find out why Your iPhone Will Never Come With These 2 Things Ever Again.
Soda and Chips
Looking to stock up on soda and chips? You better do so soon. PepsiCo is the company behind many of the most popular soda and chips products—Pepsi, Lays, Doritos, and Mountain Dew—and they just grew their revenue by 5.4 percent in their last quarter. And for more up-to-date information, sign up for our daily newsletter.
If you want to avoid another toilet paper fight, you may want to go ahead and grab some paper products now. Sales for Kimberly-Clark's consumer tissue products rose 9 percent in North America last quarter—and they're the big name behind brands such as Cottonelle, Kleenex, and Scott. And for news on more big names in the business world, Walmart Is Bringing Back the One Thing Customers Have Missed Most.