This is What Americans are Stocking Up for the Lock Down
Food, toilet paper, beer, baked beans, healthcare, and wine have snapped up by Americans for lock down purposes. Consumer spending, which accounts for 70% of the US economy, is slowing down to a halt after Americans stored up on top shopping priorities, from baked beans to beer.
There trend with consumer packaged goods and declining spends on discretionary items, as customers deal with the pandemic lock down and sales are declining after the initial rush. US cardholder spending fell 4% in March alone and hope that pullback will be temporary, once the new normal is determined. Meanwhile, we analyse what Americans have snapped up and also left on the shelves.
Stocking up the kitchen
To mitigate the corona virus spread, with more time and less cash on hand, stocking the home with healthy and affordable eats, is a great option. Stocking your kitchen should not mean stuffing food after cleaning cabinets, freezer and refrigerator. Plain frozen fruits and vegetables, such as peas, spinach, green beans, broccoli, cauliflower, mangoes and berries are nutritious as these are flash-frozen at their peak freshness to lock in nutrients and preserve ripeness. Prepared foods, like bread, lasagna, soups, grilled chicken breast, processed meat and cooked rice, frozen veggies and fruits, cooked and raw meats, including ground beef, chicken pieces, bacon, steak and pork can be stored and thawed to cook at a later date. Whole grains, legumes and other dry foods, including evaporated milk, hard cheeses, fermented veggies and pickles are useful. Greek yogurt, hard cheeses and almond milk can last for a month if properly sealed, pickles last for months and kimchi may outlast us all. Big sellers are boring staples like powdered milk, baked beans, flour and instant potatoes. Food sales surged with diminishing restaurant sales, as thousands of eateries remain shut on government orders or health advisories. Consumers stocked up to prepare for the lock down.
Americans are now more serious about health care and hygiene, with sales of facial tissue, gloves, and hand soap, doubling over last year. Personal thermometers give people a quick indicator of whether they have a key symptom of the virus, almost quadrupled in sales from a year earlier. Most US beauty, personal and home-care categories gained tremendously from consumers’ panic bulk buying.
Working from Home
Working from home-shelters, has resulted in consumers ignoring products used at office. Sales declined for cosmetics, men’s shaving lotions, socks, fragrances, and shoe polish. While some spring breakers violated social-distancing guidelines in Florida, sales of suntan products have plunged.
American consumers will forever remember their frantic effort to buy and hoard paper products, especially toilet tissues. Grocery stores did ration purchases, before shelves emptied. Demand for Charmin, a Procter & Gamble brand, increased so very quickly that retailers were allocated only a fraction of their usual order. But panic buying has reduced now.
While drinking alcohol does not help to cope with the pandemic, Americans have decided otherwise and sales of beer, wine, whiskey and tequila, and related products shot up as consumers imbibed at home rather than at nightclubs or bars. Cannabis sales have proliferated but analysts warn that such trends will not last.
More in Luxury & Life Style
Close Royal Aids Spill Major Food Secrets from the British Royal Kitchens – Part II
In the second part of this series, we’re dishing out some royal eating habits which have, all this while, been a...November 2, 2020
Four Seasons Wants to Upgrade Your Flight to It’s Luxurious Best
Four Seasons, the well-known hospitality group, has been leading the hospitality industry when it comes to high-end holiday resorts and luxury hotels...October 30, 2020
Jennifer Aniston’s Intermittent Fasting Method has Every One Talking about This New Diet
Intermittent fasting is the big thing in health and wellness circles today; while any diet with the word “fasting” tends to...October 29, 2020
Serena Williams Reveals Her Father’s Invaluable Financial Advice- The Law of Retaining and Multiplying
Athletes lose their money with time- we have witnessed, through the accounts of many players who won big in the field,...October 28, 2020
Facebook Has Done Some Good by Donating to the WWII Code-breaking Centre, Bletchley Park
The campaign to save one of Britain’s critical wartime heritage sites, and the history behind Bletchley Park, made it a place...October 26, 2020
‘The Crown’ Introduced us to Princess Alice, Prince Philip’s Eccentric Mother. Here’s What You Need to Know about Her Amazing Life
Princess Alice of Battenberg is the breakout character of the third season of The Crown, Netflix’s hit drama. Princess Alice is...October 24, 2020
Diddy Shares Kim Porter’s Heartbreaking Words to Him Before Her Death
Many were shocked when news of the death of model and actress Kim Porter broke. They couldn’t believe how the seemingly...October 24, 2020
Six Tell-Tale Signs that You’re Spending More Money than You Can Afford
The secret to growing wealth over time is living below your means. This simply means that you need your spending to...October 23, 2020
It’s Been Five Decades Since the Beatles Broke Up. Do You Know Why?
Fifty years ago, the hopes of millions of fans were dashed when Paul McCartney publicly announced he had left the Beatles,...October 23, 2020