Sunday, April 12, 2020

Walmart CEO says we"re in the "hair color" phase of panic buying -TV




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First went the hand sanitizer, disinfectants and toilet paper.


Now hair clippers and hair dye are flying off shelves.


In recent weeks, Americans’ shopping patterns are serving as a reflection of how the coronavirus pandemic continues to evolve and affect daily lives.


“You can definitely see that as people have stayed home, their focus shifted,” Walmart CEO Doug McMillon said on the Today Show, Friday.


After stocking up on food and consumable products, shoppers turned to puzzles, games and other timeless forms of entertainment as well as education, he said.


Now, sales are showing that — without the ability to venture to a hair salon — folks are getting shaggy.


“People are starting to need a haircut,” McMillon said. “You see more beard trimmers and hair color and things like that. It’s interesting to watch the dynamic play out.”


Sales of hair clippers increased 166% and hair coloring products rose 23%, from the same period a year earlier, according to Nielsen.





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Walmart CEO says we"re in the "hair color" phase of panic buying -TV
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