@SteveSoCal wrote:
@Tarantado; Don't you think there will be a price drop to accompany the sales drop from the people who hoarded?
Pandemic or not, there's a finite amount of TP that people in the world use...and I would guess that use has gone down the past month. I've become much more aware of my use and no longer use it for things that don't involve the toilet! I'm using more facial tissue and paper towels now.
@Tarantado wrote:
As a result, unless there are regulations are will FORCE the manufacturers to suck it up and eat the costs (including others in the supply chain such as distribution), the marginal cost increases will be reflected at the end-pricing for the consumer.
@Tarantado wrote:
Whenever the unit price for toilet paper drops BELOW $0.00253/sheet and a quality brand and type *cough* Quilted Northern Ultra Plush 3-Ply *cough*, then you buy as much as your home allows.
I am happy to find someone else that figures out the price per sheet of toilet paper. I have a folded paper in my wallet with my target per sheet price (and it only works for two ply), I used to do the same whenever I had to order a large amt of pizza for my kids' birthday parties. Costco always won big no matter what sales were going on in those other places calling an 8" a large or sometimes even an extra large..
@SteveSoCal wrote:
I saw a report at one point which explained that TP mills do not operate continuously on a single product, and so only a basic schedule adjustment would be needed to meet the increase in demand, which could then potentially lead a lack of other paper products. They were not running extra shifts at the plant where the interview took place.
I guess if price gouging is allowed, it would happen on ALL products, however. That said, I was not particularly aware of my actual TP usage rates until recently, so if if rolls were $1 more each, I would still be in for less than $20 extra in annual expense, which I saved filling up my car with gas yesterday!
The process of cooking 100% of my food the past 6 weeks has been a massive shift in my lifestyle and has me rethinking a lot of expenses as it is anyway. The big change from this may be that I make more money by not mystery shopping, and gain a healthier lifestyle in the process.
@CoffeeQueen wrote:
One of the reasons for the tp shortage is that a huge number of people stopped using the toilet at work and started using it a lot more at home. The commercial tp supplies are stacking up at businesses everywhere while the residential supplies were wholly inadequate.
@SteveSoCal
...... The process of cooking 100% of my food the past 6 weeks has been a massive shift in my lifestyle and has me rethinking a lot of expenses as it is anyway. The big change from this may be that I make more money by not mystery shopping, and gain a healthier lifestyle in the process.[/quote wrote:
Hubby laughed when he opened the Master Card bill.
When a flower doesn’t bloom, you fix the environment in which it grows, not the flower.
Alexander Den Heijer
@ wrote:
JPMorgan Chase & Co. provided loans to virtually all of its commercial banking customers that sought financing through the small business relief program, while the lender’s smallest customers were almost entirely shut out, according to data disclosed by the bank.
More than 300,000 customers of JPMorgan’s business banking unit, which serves smaller firms, applied for loans through the Paycheck Protection Program, part of the $2 trillion Cares Act that Congress adopted in late March. About 18,000 were funded, for a 6% success rate.
By comparison, about 5,500 larger, and sometimes more sophisticated, customers of the commercial banking business applied for funding. Nearly all of them got loans, according to the bank’s data. JPMorgan made a total of $14 billion in small-business loans through the program.
@shoptastic wrote:
Whaddya Know?: [www.bloomberg.com]
About 6% of JPM's smaller customers got PPP loans:
@ wrote:
JPMorgan Chase & Co. provided loans to virtually all of its commercial banking customers that sought financing through the small business relief program, while the lender’s smallest customers were almost entirely shut out, according to data disclosed by the bank.
More than 300,000 customers of JPMorgan’s business banking unit, which serves smaller firms, applied for loans through the Paycheck Protection Program, part of the $2 trillion Cares Act that Congress adopted in late March. About 18,000 were funded, for a 6% success rate.
By comparison, about 5,500 larger, and sometimes more sophisticated, customers of the commercial banking business applied for funding. Nearly all of them got loans, according to the bank’s data. JPMorgan made a total of $14 billion in small-business loans through the program.
@SteveSoCal wrote:
Yes; I have heard that excuse as well...but here's where it falls apart; Why are other items I commonly use at the office in full supply?
I probably use 5% of my TP supply at work, while I consume 75% of my coffee either at work or from a currently closed Starbucks. Yet, all of the milk, sugar and other coffee supplies are readily available everywhere I go.
Are you telling me the retail supply chain for TP is so fragile that it can't handle a 50%, or even 100% increase in demand without falling to pieces for over a month? I can get staples, copy paper, ink cartridges, and just about everything else that work normally supplies for me anywhere. Why is that supply chain so much more robust?
To me, it seems that people hoarded hand sanitizer, TP and soap. Nobody (but apparently me) was worried about running out of coffee and printer ink....don't get me started on rice and pasta!
@Tarantado wrote:
Maybe because there isn't a panic and/or need to purchase these materials?
@sandyf wrote:
Now the garlic shortage???
@sandyf wrote:
Now the garlic shortage???
@JASFLALMT wrote:
Got plenty of TP and PTs from when they were on sale months ago, but when we run out of napkins (I have the nice Vanity Fair ones), we will just break out the cloth napkins and wash them.
Here’s a tip from my Navy days. In the Wardroom we had metal napkin rings with our names on them for our cloth napkins. Due to a continual shortage of fresh water the napkins were only washed every three or four days. I’m sure you could find something to substitute for for the metal rings. Maybe TP inner tubes? No need to wash them after each meal.
Edited 1 time(s). Last edit at 04/23/2020 03:13AM by kenasch.
@SteveSoCal wrote:
But coffee? Is there any less coffee use?
I had recently purchased a burr grinder for my espresso a week or so before the virus news broke. It was more about breaking the Starbucks habit at the time, but that has probably been my best impulse purchase in years. My barista skills are getting up there so I have career options if MSing doesn't return![]()
I also had 8 cloth napkins in a kitchen drawer that had probably been sitting there for 4 years. They are now my main napkin supply. That doesn't work out well unless you have laundry options at home, though.
@shoptastic wrote:
If I sound like hoarder, it's b/c our NORM (since I was a young kid) has been 3-6 months of all paper goods stocked. Sometimes a year's worth of TP (if it was super cheap). I realize some people might struggle to find any. I probably sound crazy...but relative to MY baseline, I'm/we're low on supplies if that makes sense.