As shortages of baby formula persist, parents and their infant children are suffering from supply chain problems, which are taking a toll on them. The product is one of the most immediately impacted on the market.
“According to our research, baby formula out of stock rates have escalated to 40 percent across the nation since early April,” said Ben Reich, the CEO of Datasembly, a company that provides real-time promotions, product pricing, and assortment data to retailers of consumer goods.
“Baby formula showed inflationary spikes in July 2021, and the problem has gotten worse in the first few months of 2022. Inflation, distribution constraints, and product recalls have continued to create volatility in the market, and it is still one of the most affected products.”
A representative of Breitbart News also contacted several companies, obtaining a statement from Matt Blanchette, a senior manager for CVS Pharmacy.
“We now have a limit of three packages of baby formula per person in our stores and online,” Blanchette said. “We are continuing to work with our baby formula suppliers to address this problem, and we apologize if it causes any difficulties for our customers.”
The [Out of Stock Percentage] OOS% increased significantly at the end of Nov. 2021, where it went from 11 percent across the country to 31 percent by the week starting April 3, 2022, according to DataSembly.
For the week starting April 24, six states had baby formula OOS rates of 50% or more:
• Iowa, North Dakota, and South Dakota were 50-51 percent.
• Missouri was around 52 percent.
• Tennessee was 54 percent and Texas was 53 percent.
• 26 states had 40-50% out of stock compared to just three weeks ago when there were only seven.
For the week beginning April 24, OOS rates in excess of 50% occurred in five American cities that were most affected:
Houston and Des Moines had 50 percent.
Nashville and Memphis had 52 percent.
San Antonio had 57 percent.