As Americans hoard food, Campbell Soup speeds up ingredients orders

CHICAGO: Campbell Soup said it is ordering more ingredients to ensure it can keep enough soups, sauces and snacks on hand to meet growing demand from retailers as U.S. consumers hoard food in preparation for potential coronavirus quarantines.

The outbreak has killed more than 3,000 people globally and is in nearly 80 countries and territories. In the United States, people have been stocking their pantries in case they cannot leave their homes. A few state health departments have urged residents to stock up on non-perishable foods, prescription medications and sanitary supplies.

Data firm Nielsen has reported that demand for some consumer products - such as pretzels and fruit snacks - was up 5-7per cent in January and February. Clouse said sales growth over the last couple of weeks was comparable, but that he did not know if this would continue."There's no question that we're seeing some uptick - it's just hard for me yet to know the level of sustained need," Clouse said.

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