Walmart (WMT) – CEO, Get Report Doug McMillon said that its stores are full of commodities, but they have asked shoppers to avoid storing paper products.
“In the past five days, we’ve sold enough toilet paper for every American to get his own roll,
So there is a lot of flow coming, but if everyone can manage and purchase from week to week instead of storing at this point, that will be beneficial for everyone.
Macmillan said that “goods are still flowing” through its stores and that food and other goods are in “good shape”, but she said hand sanitizers and paper products are continuing to sell quickly.
He also noted that in recent days, consumer focus has shifted to commodities like puzzles, toys and personal care products as millions gather at home for at least a few more weeks.
McMillan has also detailed several of the changes Walmart has made in recent weeks to manage HIV-related demand and safety concerns.
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We have made a number of operational adjustments. We have reduced working hours and cleaned up overnight. We have masks and gloves for our assistants so they can use them. We put plexiglass in our pharmacy and pharmacy platforms. We are measuring our partners temperature starting today before they start in our stores, clubs and distribution centers. “
Along with other major retailers and grocery chains, including Amazon (AMZN) – Get Report, Target (TGT) – Get Report and others, Walmart has seen an increase in online orders across the epidemic.
Mobile analyst App Analie reported this week that in early April Walmart Grocery reached its highest level ever in downloads as consumers looked for new grocery ordering options, such as personal pick-up.