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Retail

The Implications of Panic Buying on the Retail Supply Chain

Panic buying is a phenomenon that affects consumers, causing them to buy large amounts of a particular product in a short period of time. It can occur for a variety of reasons, including a time-sensitive issue, disruption in production, or an unexpectedly low price. The situation can also be exacerbated if a manufacturer or retailer announces a limited-time sale or discontinuation of a product