Last years covid panic buy was hilarious. A ton of companies (like mine) had record sales and profits because so many fearmongered people thought everything is running out. Biggest bonuses ever. It was so big, not only was our normal annual bonus big, but they gave us an extra bonus on top of our normal bonus! lol
And then Q4 2020 comes and now were past the halfway point of 2021 and everything is back to normal for the most part. Some products sill sell high, some low, but blend it together and were kind of back to 2019. So much for running out of stuff on shelf.
And funniest of all, all that panic buying started out with pics virally spread of people hoarding shit at Costco and wholesalers. Those were restaurants and businesses bulking up because they got a business to run and werent sure of price hikes and what supply stores would close down or stay open, so to take precaution they loaded up their inventory rooms with paper towels, toilet paper and other dry supplies like cleaners and plastic utensils etc....
It wasnt everyday joes doing that, but it caught on so everyone jumped onto hoarding like they need 5 years worth of toilet paper.