Major shortages led this popular big-box retailer to begin limiting purchases on essential products

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Market

Who can forget the great toilet paper shortage of 2020?

It seems like years ago, an overreactive public was buying up toilet paper like it would never be made again.

But now major shortages led this popular big-box retailer to begin limiting purchases on essential products.

If the shelves in your local stores have been looking a bit empty lately, you’re not imagining things.

Massive supply chain delays are causing stores across the country to run out of items and not be able to restock them for weeks.

A supply chain disruption that was thought to only be temporary now looks like it will last well into 2022.

Many manufacturers are suffering from shortages of key components, high energy costs, and higher raw material costs forcing the companies into bidding wars for space on shipping vessels.

In response to the worldwide issue, big-box super giant Costco has announced that it will limit purchases of paper goods, water, and high-demand cleaning products.

Looks like a 2020 redux is on its way.

“We are putting some limitations on key items like bath tissues, roll towels, Kirkland Signature water, high demand cleaning-related skews related to the uptick in the delta-related demand,” said Costco chief financial officer Richard Galanti during a company call.

Costco is suffering from port delays, higher labor and freight costs, and shortages on everything from shipping containers, trucks, drivers, and raw materials.

Of course, Costco isn’t the only company facing these issues, but they appear to be the first to announce limitations on what customers may purchase.

Both Costco and its suppliers are paying two to six times more for containers and shipping.

Products like oil, coffee, and nuts are at a five-year high, meaning consumers will be seeing this supply chain issue hit their wallets very soon – if it hasn’t already.

Experts say global exports are booming, but the ability to ship the goods still has not recovered from the losses incurred during the 2020 lockdown.

For example, The Logistics Managers Survey, which measures U.S. transport and warehousing growth, says the U.S. shipping industry still struggles to build back the capacity it had before the 2020 pandemic.

Companies worldwide are suffering, which is causing consumers to suffer, but for some reason, Joe Biden still wants to try and lock people down.

If this entire disaster doesn’t prove to liberals that the Democrats do not, in fact, want to help the economy, then nothing ever will.

Culture Watch News will keep you up-to-date on any developments to this ongoing story.