Walmart CEO says we're in the 'hair color' phase of panic buying

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Walmart CEO says we're in the 'hair color' phase of panic buying
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First went the hand sanitizer, disinfectants and toilet paper. Then went the yeast and spiral hams. Now hair clippers and hair dye are flying off shelves

Now hair clippers and hair dye are flying off shelves.In recent weeks, Americans' shopping patterns are serving as a reflection of how the coronavirus pandemic continues to evolve and affect daily lives. "You can definitely see that as people have stayed home, their focus shifted," Walmart CEO Doug McMillon said on the Today Show, Friday.

They are running on fixed capacity," Tom Sellars, CEO of Sellars Absorbent Materials in Milwaukee, Wisconsin, told CNN Business last month."It's not like there's an idle machine that can be cranked up to increase production."Nielsen reported that bath tissue, facial tissue and paper towel products all saw triple-digit sales increases during the week that ended March 14. That same week, aerosol disinfectant sales spiked 519%, according to Nielsen.

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