People looking for tampons and other period products find poorly stocked store shelves and higher prices, CNN reports.
News Leadership: Popular retailers CVS and Walgreens, as well as major manufacturer Proctor & Gamble, have acknowledged shortages of tampons and other products from a certain period of time, and said they are working to meet consumer demand as soon as possible, according to CNN.
The Big Picture: Supply chain issues and Historically high inflation Affected all kinds Goods. Tampons prices are up about 10% compared to last year, Bloomberg reportsWhile the cost of menstrual pads increased by more than 8% during the same period.
- Contributing to higher prices is an increase in the cost of manufacturing products. Manufacturers of materials – cotton and plastic – are in high demand for use in personal protective equipment since the onset of the COVID-19 pandemic.
- The Russian invasion of Ukraine has restricted the supply of fertilizers needed to grow cotton, CNN reports.
what are they saying: A spokesperson for Procter & Gamble, which owns the Tampax and Always brands, blamed increased demand on an advertising campaign the company revealed in July 2020 with comedian Amy Schumer, I mentioned the time.
- Since then, the spokesperson said, “retail growth has exploded.”
- “We understand that it’s frustrating for consumers when they can’t find what they need,” a CNN spokesperson said. “We can assure you that this is a temporary situation.”