Thanksgiving Stock Lower Than Usual at Grocery Stores

Video Credit: Wibbitz Top Stories
Published on November 18, 2021 - Duration: 01:31s

Thanksgiving Stock Lower Than Usual at Grocery Stores

Thanksgiving Stock, Lower Than Usual , at Grocery Stores.

CNN reports that as of the week ending November 7, retailers had less Thanksgiving stock than the same time last year.

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IRI, a market research firm that focuses on U.S. retail sales, said the number of frozen turkeys in stock was down to 64% from 86% last year.

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According to the firm, packaged pie, liquid gravy and cranberry sauce numbers were also down approximately 10% from the same time last year.

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According to the firm, packaged pie, liquid gravy and cranberry sauce numbers were also down approximately 10% from the same time last year.

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Krishnakumar Davey, president of IRI's strategic analytics practice, says that retailers typically like to have about a 95% overall in-stock rate.

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CNN reports that this year, stores are not even close to reaching that number.

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Supply chain disruptions and a spike in demand have both reportedly contributed to the shortage of Thanksgiving goods.

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Supply chain disruptions and a spike in demand have both reportedly contributed to the shortage of Thanksgiving goods.

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According to IRI's Davey, consumers looking for particular brands may have to substitute with alternatives.

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If you're particular about some things, then you may or may not find them on your shelf.

That's the key takeaway, Krishnakumar Davey, IRI President of Strategic Analytics Practice, via CNN.

Stew Leonard Jr., the CEO of a small grocery chain, said that while he's had difficulty stocking some brands, he has been able to make substitutions.

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I would say this is a Thanksgiving of alternatives.

I can't guarantee our customers that they will have every single item they want.

But I can guarantee that they will have an alternative to what they want, Stew Leonard Jr., CEO of Stew Leonard's, via CNN


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