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They must be rolling in profits from the panic buying
Sudden ramp ups in buying don't always translate to more profits. For example, people buying lots of cheap stuff with crap margins. Would be interested to see if whilst the average basket size has gone up, the value and margin per item has gone down.
Howard-
Many are also I suspect paying staff overtime rates and bonus payments that they don't usually factor in just to keep the doors open and shelves stacked. I know at my local Aldi staff have all done 60hrs+ in the last week with no sign of change. If you apply the same across the entire supply chain with extra trucks rented and extra drivers hired along with all the warehouse staff and such then margins must be awful.
Many had already given spoiled but still useful and short date goods to foodbanks and such. What happens now as the foodbanks run empty is the question.
I'm also hearing Aldi might drop it's max of 4 each product down to 1 of each thing.
Clockwise
Isn't it time pressure is put on the Supermarket companies to donate food and cleaning materials to the social pot to deliver to people who can't afford stuff?
They must be rolling in profits from the panic buying