While there are people are panic buying. I think there are many people, like us, faced with three months in seclusion and wanting to reduce shopping to an absolute minimum who are very sensibly making sure that they have as much as they may need of many commodities before they close down.
Then if anyone is ill, you immediately have to go into 2 weeks house arrest, so you need enough food in the house to cover that. DS and family are currently under house arrest for a week because a friend has corvid-19. The first thing DS had to do was go to the supermarket and buy supplies for the family because they didn't have a suitable mix of food in the house. Ordering on line was impossible.
I have not been bulk buying any of the popular items, neither rice, pasta, supermarket bread or meat and only one pack of (needed) loo paper, when I could have bought more, found their way into my trolley. I have however been to my local organic farm to collect the bulk pack of beef I ordered a fortnight ago because I had run out of beef and my local prk butcher for sausages and bacon and my local baker for a couple of extra loaves. This I consider to be sensible strategic food buying to ensure that I need only make one trip to a food shop each week and that that shop will be as short as possible.
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