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2020-03-08 -Signs, Portents, and the Weather-

'It's Like Scenes From A Mad Max Movie' -- Americans Continue Epic Run On Costco

[Zero] As concerns of a Covid-19 outbreak increase across the US, Costco stores are experiencing the second weekend of panic-buying of food, water, and hand sanitizers.

Last weekend we noted how the "great panic of 2020 is underway" as Americans made a mad dash to Costco stores and other big-box retailers to hoard supplies. Costco CFO Richard Galanti told investors during an earnings call last week that buying panic has "been nuts" adding that he attributes "this to concerns over the coronavirus."

Stock prices for Walmart and Target have also benefited from the spread of the deadly virus, as people preparing for a quarantine situation load up shopping carts with bottled water, canned soup, instant mac and cheese and everything else that they could possibly need to wait out the virus. But the panic-buying has been leading to shortages and leaving people on edge. -WaPo

On the East Coast, tens of millions of Americans woke up on Saturday morning and heard the news about 44 total confirmed virus cases in New York, with a majority in Westchester, a suburb of NYC. PIX11 News' Cristian Benavides tweeted a video of the panic that is developing in NYC this morning. He shows a long line of cars waiting to get into a Costco in Astoria, a neighborhood in Queens.

Posted by Besoeker 2020-03-08 05:02|| || Front Page|| [13 views ] Top

#1 Went to the local produce stand on Friday, there was plenty of everything, but the crowd was like the day before Christmas / Thanksgiving / Easter and the traffic was like an oil embargo era gas station.

Posted by M. Murcek 2020-03-08 09:04|| 2020-03-08 09:04|| Front Page Top

#2 Our local Smart & Final was out of toilet paper, sanitizer, all types cleaning wipes etc..

Posted by crazyhorse 2020-03-08 11:15|| 2020-03-08 11:15|| Front Page Top

#3 It may or may not be useful for the current situation, but at least some of those purchases will still be stored when a real disaster happens. I just read a post by a gentleman who got a pallet of SPAM when Barack Obama was reelected, and is still working his way through it — the rest of the family refuses to eat the stuff.

Posted by trailing wife 2020-03-08 13:22|| 2020-03-08 13:22|| Front Page Top

#4 SPAM is delicacy!

Posted by Fat Bob Javish1936 2020-03-08 16:34|| 2020-03-08 16:34|| Front Page Top

#5 Many will soon be taking "How to sell your unwanted stuff on ebay." classes.

Posted by Anomalous Sources 2020-03-08 16:56|| 2020-03-08 16:56|| Front Page Top

#6 Spam and eggs makes for a good breakfast

Posted by Crusader 2020-03-08 18:52|| 2020-03-08 18:52|| Front Page Top

#7 Spam 'with real bacon' and eggs is better.

Posted by CrazyFool 2020-03-08 19:14|| 2020-03-08 19:14|| Front Page Top

#8 I had Chamorro (Guam) neighbors that could do wonders with Spam..think Teriyaki on the BBQ

Posted by Frank G 2020-03-08 19:36|| 2020-03-08 19:36|| Front Page Top

#9 When a man's tired o' SPAM, he's tired o' life

Posted by Lex 2020-03-08 21:40|| 2020-03-08 21:40|| Front Page Top

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