Lorianne LaRocco
👤 PersonAppearances Over Time
Podcast Appearances
You know, I would say panic buying is like the worst thing that we can do because that's what happened with the toilet paper.
Customers walking the aisles multiple times, hoping to get lucky. We made toilet paper in the United States. During the pandemic. During the pandemic. I mean, if we can't learn anything from that, please do not go and panic buy. I would say that if you're on a budget, like say you've got kids, right? And you're staring down back to school, do something smart and like go to your favorite retailer,
Customers walking the aisles multiple times, hoping to get lucky. We made toilet paper in the United States. During the pandemic. During the pandemic. I mean, if we can't learn anything from that, please do not go and panic buy. I would say that if you're on a budget, like say you've got kids, right? And you're staring down back to school, do something smart and like go to your favorite retailer,
Customers walking the aisles multiple times, hoping to get lucky. We made toilet paper in the United States. During the pandemic. During the pandemic. I mean, if we can't learn anything from that, please do not go and panic buy. I would say that if you're on a budget, like say you've got kids, right? And you're staring down back to school, do something smart and like go to your favorite retailer,
go now and buy their fall clothes on discount. That way, if they do have that growth spurt, you're not going to be really upset if they outgrow it. But if you need to get that laptop for your college student or that flat screen TV, buy it before the middle of June. But that's not like a panic buy. That's almost like being strategic in your dollars and Do you think this will be like the pandemic?
go now and buy their fall clothes on discount. That way, if they do have that growth spurt, you're not going to be really upset if they outgrow it. But if you need to get that laptop for your college student or that flat screen TV, buy it before the middle of June. But that's not like a panic buy. That's almost like being strategic in your dollars and Do you think this will be like the pandemic?
go now and buy their fall clothes on discount. That way, if they do have that growth spurt, you're not going to be really upset if they outgrow it. But if you need to get that laptop for your college student or that flat screen TV, buy it before the middle of June. But that's not like a panic buy. That's almost like being strategic in your dollars and Do you think this will be like the pandemic?
I don't think it will be because of a couple of things. So back during the pandemic, the U.S. consumer was at a healthier standpoint. We did not have inflation. And we were all stuck at home. So we couldn't go anywhere. So our vacation money went to going to buy a ping pong table or whatever. Now we've got inflation. People are scared to spend money.
I don't think it will be because of a couple of things. So back during the pandemic, the U.S. consumer was at a healthier standpoint. We did not have inflation. And we were all stuck at home. So we couldn't go anywhere. So our vacation money went to going to buy a ping pong table or whatever. Now we've got inflation. People are scared to spend money.
I don't think it will be because of a couple of things. So back during the pandemic, the U.S. consumer was at a healthier standpoint. We did not have inflation. And we were all stuck at home. So we couldn't go anywhere. So our vacation money went to going to buy a ping pong table or whatever. Now we've got inflation. People are scared to spend money.
And it's this unknown in terms of the trade war is global. And so like you mentioned your friend with wine, I mean, I can understand with your friend because I'm a huge Italian wine drinker. And so I was just like, well, should I stock up on my favorite Brunello? That I can understand. But it's going to be different in terms of we will have the supply chain crunch.
And it's this unknown in terms of the trade war is global. And so like you mentioned your friend with wine, I mean, I can understand with your friend because I'm a huge Italian wine drinker. And so I was just like, well, should I stock up on my favorite Brunello? That I can understand. But it's going to be different in terms of we will have the supply chain crunch.
And it's this unknown in terms of the trade war is global. And so like you mentioned your friend with wine, I mean, I can understand with your friend because I'm a huge Italian wine drinker. And so I was just like, well, should I stock up on my favorite Brunello? That I can understand. But it's going to be different in terms of we will have the supply chain crunch.
We will have supply chain shortages. But it'll be in select items, but everything will be a lot more expensive. And so I really feel about this like transitory inflation because... Supply chain is like a series of pipes. It's plumbing. Trade has to flow. And so eventually, if and when these trade wars get handled, you're going to have these pause buttons be unpaused.
We will have supply chain shortages. But it'll be in select items, but everything will be a lot more expensive. And so I really feel about this like transitory inflation because... Supply chain is like a series of pipes. It's plumbing. Trade has to flow. And so eventually, if and when these trade wars get handled, you're going to have these pause buttons be unpaused.
We will have supply chain shortages. But it'll be in select items, but everything will be a lot more expensive. And so I really feel about this like transitory inflation because... Supply chain is like a series of pipes. It's plumbing. Trade has to flow. And so eventually, if and when these trade wars get handled, you're going to have these pause buttons be unpaused.
And then you're going to have all of these orders trying to get on a limited amount of vessels. that is going to increase the price of the product. So if we're paying crazy prices in a month from now, and then the pause button gets unpaused, those prices are going to go even higher because logistics prices are passed on to the consumer. So heaven knows where we will be going.
And then you're going to have all of these orders trying to get on a limited amount of vessels. that is going to increase the price of the product. So if we're paying crazy prices in a month from now, and then the pause button gets unpaused, those prices are going to go even higher because logistics prices are passed on to the consumer. So heaven knows where we will be going.
And then you're going to have all of these orders trying to get on a limited amount of vessels. that is going to increase the price of the product. So if we're paying crazy prices in a month from now, and then the pause button gets unpaused, those prices are going to go even higher because logistics prices are passed on to the consumer. So heaven knows where we will be going.
No, because when it comes to the supply chain, think of a timeline. OK, during this time between now and early June, this is when the retailers, both small and large, we're talking about even like the mom and pop retailers, OK, all the way to the Walmarts.