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When a few companies control most of the market, problems arise.
Big stores like Walmart and Target didn’t foresee consumers pivoting away from shopping and toward going out.
Supplies of baby formula across the country have been severely curtailed after a February recall exacerbated ongoing supply chain disruptions.
For Lester Gouvia, chef-owner of Norma G’s Detroit, business in the pandemic economy has been a “rollercoaster.”
Just four companies make most of the baby formula in the U.S. After a recall and plant closure at one, there’s not enough supply to meet the need.
“There are a lot of empty fields that aren’t being planted — something I’ve never seen before,” say Terranova Ranch’s Don Cameron.
As one region after another locks down, companies struggle and delays hinder the production and transportation of goods.
A product recall plus, yes, supply chain woes have some parents driving hours to satisfy their child’s nutritional needs.
“It’s the kind of stuff that keeps you awake at night,” said Teresa Asbury, a senior executive at the Legacy Cos.
Oregon-based journeyman and business owner Maurice Rahming said he’s contending with long wait times for steel and electrical equipment.