Source: https://www.cbsnews.com/news/baby-fo...ns-target-cvs/
The nationwide baby formula shortage is getting worse
By Megan Cerullo
Updated on: May 6, 2022 / 7:23 AM / MoneyWatch
Baby formula is getting even harder to come by at retailers across the U.S., amid a nationwide shortage of one of the most important products for new parents.
At retailers across the U.S., 40% of the top-selling baby formula products were out of stock as of the week ending April 24, a new analysis from Datasembly, which tracked baby formula stock at more than 11,000 stores, shows. National out-of-stock levels jumped nine percentage points, from 31% to 40% between April 3 and April 24. That's up sharply from 11% in November.
"This is a shocking number that you don't see for other categories," Ben Reich, CEO of Datasembly told CBS MoneyWatch...
The nationwide baby formula shortage is getting worse
By Megan Cerullo
Updated on: May 6, 2022 / 7:23 AM / MoneyWatch
Baby formula is getting even harder to come by at retailers across the U.S., amid a nationwide shortage of one of the most important products for new parents.
At retailers across the U.S., 40% of the top-selling baby formula products were out of stock as of the week ending April 24, a new analysis from Datasembly, which tracked baby formula stock at more than 11,000 stores, shows. National out-of-stock levels jumped nine percentage points, from 31% to 40% between April 3 and April 24. That's up sharply from 11% in November.
"This is a shocking number that you don't see for other categories," Ben Reich, CEO of Datasembly told CBS MoneyWatch...
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