Walmart Limiting Purchases on Some Essential Items
Most Americans did not plan ahead for having to spend weeks, perhaps months stuck at home waiting for the COVID-19 pandemic to pass. That has caused people to flock to grocery stores, both in person and online, to stock up on items they view as essential.
The result is some short-term shortages on items people want and need. In most cases, these shortages are temporary, but have been exacerbated by some people hoarding supplies. To combat that, Walmart (NYSE: WMT) has decided to limit the quantities customers can buy of certain items.
Walmart has started limiting quantities customers can buy of certain items. Image source: Walmart.
Source Fool.com