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Coronavirus virus fears causing panic buying

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Dave1987

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The problem is is that the hoarders are making money from flogging the staples at inflated prices so they can then go back and continue to buy up all the new stock. Either the Government needs to act to stop it or they need to flood the shops with so much stock and then apply rationing limits so nobody needs to buy from the hoarders. At the moment if this cycle continues is will take a long time for normality to resume and for supply chains to overwhelm the hoarders.
 

AM9

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Had an e-mail from Sainsbuyrs this morning inviting me to their early morning shopping hour for elderly and vulnerable people tomorrow morning. Apparently every storein the UK will restrict the first trading hour to that group. I'm not sure how they will know who qualifies and there's bound to be some chancers trying to force theri way in. Maybe it's those who have Nectar cards.
I doubt that I'll need those early shopping opportunities as Waitrose here seems to get most things we need and I can be there when they open at 08:00. They normally restock shelves for a couple of hours after closing here. The problem is that it is sometimes taking beyond midnight to complete. What they have done is to get extra staff from John Lewis stores that are experiencing lower footfall*. It's interesting to see staff there in JL uniforms where the regular customers know where things are more than some of them do. Still, they are very poloite and as helpful as they can be.
* No doubt JL is busy online as there's no shortage of click and collect here.
 

GB

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I am wondering how useful this first hour OAP trading will be. Sainsburys opens at 0600, how many OAPs will make it before 0700?
 

underbank

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Is it really? People actually did use newspaper for many years.

There was a time that sewage went straight into rivers/sea from peoples loos. Now it has to go through sewage treatment works etc. Also due to overpopulation/house building, a lot of the old infrastructure (which hasn't been updated to reflect more houses, i.e. very old pipework from homes to treatment plants) is well over design capacity so prone to blockages etc.
 

krus_aragon

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Extremely twirly to travel on concessions.
On Radio 4 this morning, one MP (Father of the House iirc.) was explaining why Parliament needed to stay open to keep scruitinising things. One example he gave was that he'd asked the relevane minister if, in light of this early-shopping policy, the morning ENTCS restriction could be changed.

Some parts of the UK have no such morning restriction anyway, of course.
 

nlogax

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Did a Waitrose run first thing this morning as part of the daily 'get out of the house and get some exercise and fresh air' routine while WFH. Crazy busy just after 8am. Bog roll.. all gone. Pasta and rice..all gone. Soap...all gone. Mother's Day cards.. STILL THERE. Phew :D
 

Meerkat

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I am wondering how useful this first hour OAP trading will be. Sainsburys opens at 0600, how many OAPs will make it before 0700?
My Dad is far more likely to be out at 6am than I am!
 

Mag_seven

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Local Morrisons completely out of bread this morning - popped into the much smaller co-op on the way back and there was plenty. In the co-op I even managed to pick up a pack of four chocolate muffins reduced in price. :)
 

trainophile

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The problem is is that the hoarders are making money from flogging the staples at inflated prices so they can then go back and continue to buy up all the new stock. Either the Government needs to act to stop it or they need to flood the shops with so much stock and then apply rationing limits so nobody needs to buy from the hoarders. At the moment if this cycle continues is will take a long time for normality to resume and for supply chains to overwhelm the hoarders.

@Dave1987 for Prime Minister!
 

PG

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On Radio 4 this morning, one MP (Father of the House iirc.) was explaining why Parliament needed to stay open to keep scruitinising things. One example he gave was that he'd asked the relevane minister if, in light of this early-shopping policy, the morning ENTCS restriction could be changed.

Some parts of the UK have no such morning restriction anyway, of course.
I live in an area with no morning restrictions on concessions travel but if I was driving a local service in an area that did and an elderly person tried to use their card before the correct time then given the current situation I'd be inclined to tell them to 'take a seat' ;)

I'd hope other drivers in this scenario would do likewise.
 

Mogster

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The problem is is that the hoarders are making money from flogging the staples at inflated prices so they can then go back and continue to buy up all the new stock. Either the Government needs to act to stop it or they need to flood the shops with so much stock and then apply rationing limits so nobody needs to buy from the hoarders. At the moment if this cycle continues is will take a long time for normality to resume and for supply chains to overwhelm the hoarders.

This. The US media is reporting that someone in the US bought up 15,000+ bottles of hand sanitiser for less than $1 and was selling them via Amazon for $15 a piece... I’m concerned as to how much of this sort of behaviour is going on, just a handful of individuals can tie up huge quantities of items. Even if they can’t sell the stuff they won’t take it back, it’ll probably end up in landfill.
 

trainophile

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It's funny how the current situation makes you re-evaluate all your resources (obviously mentally, but I am talking about home basics here!). I have today started using a bashed box of Persil laundry powder (bought reduced due to said bashing) that must have been in my store cupboard for at least 15 years, as I need to eke out my fancy modern laundry capsules now! It wasn't even solid, to my surprise and relief.
 

Dave1987

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This. The US media is reporting that someone in the US bought up 15,000+ bottles of hand sanitiser for less than $1 and was selling them via Amazon for $15 a piece... I’m concerned as to how much of this sort of behaviour is going on, just a handful of individuals can tie up huge quantities of items. Even if they can’t sell the stuff they won’t take it back, it’ll probably end up in landfill.

Indeed. Lets hope the supply chains and rationing can overwhelm the hoarders over the next week or so with rationing of items. Then everyone can stock up and the hoarders will be left with loads of staples they cannot get rid of.
 

philjo

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I assume it was a preplanned promotion - the postman has just delivered a leaflet from Morrisons promoting offers on Andrex, bleach and various other cleaning/laundry products that are unlikely to be in stock at the moment !
 

DynamicSpirit

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The problem is is that the hoarders are making money from flogging the staples at inflated prices so they can then go back and continue to buy up all the new stock.

I would think partly correct. And obviously unethical and pretty atrocious. Although I don't see any reason to believe that it's happening on any more than a very small scale. Most likely, the supermarkets are out of stock on things like toilet roll almost entirely because of people buying it to hoard for themselves, not buying it to sell.

Either the Government needs to act to stop it

Ummm, how? Could you clarify what action you think the Government could take that (a) will stop the small numbers of people hoarding to sell, (b) won't harm legitimate businesses in some other way, (c) can be done on a very short timescale, and (d) won't divert resources from other important stuff.

or they need to flood the shops with so much stock

Really? And what makes you think the supermarkets aren't already doing everything they reasonably can to keep stock levels up? What could the Government do differently? Bear in mind that you can't just magic up rice and toilet rolls from nowhere in 2 seconds flat. Goods do have to actually be manufactured (or grown) and then come through the supply chains to get to the shops.

and then apply rationing limits so nobody needs to buy from the hoarders. At the moment if this cycle continues is will take a long time for normality to resume and for supply chains to overwhelm the hoarders.

Well yes, possibly you haven't noticed but most of the supermarkets are already applying rationing limits to a lot of stuff.
 

Islineclear3_1

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Had an e-mail from Sainsbuyrs this morning inviting me to their early morning shopping hour for elderly and vulnerable people tomorrow morning. Apparently every storein the UK will restrict the first trading hour to that group.

No disrespect but I thought our beloved government were considering telling the over-70s to stay at home?

Tell that to my dad and he'll certainly tell them where to get off...
 

krus_aragon

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Either the Government needs to act to stop it or they need to flood the shops with so much stock and then apply rationing limits so nobody needs to buy from the hoarders.

Ummm, how? Could you clarify what action you think the Government could take that (a) will stop the small numbers of people hoarding to sell, (b) won't harm legitimate businesses in some other way, (c) can be done on a very short timescale, and (d) won't divert resources from other important stuff.
During the Second World War, the first items were rationed in early 1940. That's several months after the declaration of war, and a predecessor of the Ministry of Food had started contingency planning back in 1937. Setting up such a system takes time.

On the positive side of things, our consumption of foodstuffs hasn't increased, and neither has supply decreased. When Heinz' next lorry-full of beans is distributed through Tesco's branches, those that bought ten tins last week won't need to buy another ten next week - they'll still have last week's stockpile at home.
 

Islineclear3_1

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When Heinz' next lorry-full of beans is distributed through Tesco's branches, those that bought ten tins last week won't need to buy another ten next week - they'll still have last week's stockpile at home.

Not in today's dog-eat-dog society! They will still go and buy another 10 tins regardless of how many they have at home.
 

Meerkat

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The government needs to be very careful about intervening.
As soon as rumours start that the government thinks things are bad enough to get involved the panic buying will go mental!
 
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