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US NRF, RILA call for avoiding hoarding, stockpiling

16 Mar '20
1 min read
Pic: Shutterstock
Pic: Shutterstock

The US National Retail Federation (NRF) and Retail Industry Leaders Association (RILA) recently advised consumers to shop responsibly during the COVID-19 pandemic and called for unnecessary hoarding and stockpiling of essential items to allow consumers who truly need a product to find it on retailers’ shelves. The United States has declared it a national emergency.

“If you don’t need an item in the next two weeks, leave it for someone who does....This is particularly important for our most vulnerable neighbors – the elderly and those who are struggling with other health issues,” NRF president and chief executive officer Matthew Shay and RILA president Brian Dodge said in a statement.

“Hoarding products only contributes to the fear surrounding the virus, and any hoarder acting with malicious intent to drive up prices on a secondary market should be prosecuted to the fullest extent of the law,” they said.

“Retailers—particularly grocery providers—are working with manufacturers, suppliers and government agencies to make certain essential products and services remain readily available to customers. Retail supply chains remain strong and retail employees are working around the clock to meet consumer demand,” they said.

ALCHEMPro News Desk (DS)

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