At retailers across the U.S., 40% of the top-selling baby formula products were out of stock as of late last month.
04:10
At retailers across the U.S., 40% of the top-selling baby formula products were out of stock as of the week ending April 24,a new analysis from Datasembly, which tracked baby formula stock at more than 11,000 stores, shows. National out-of-stock levels jumped nine percentage points, from 31% to 40% between April 3 and April 24. That's up sharply from 11% in November.
The supply of baby formula was already so constrained that retailers have been limiting the number of products consumers are allowed to purchase in order to preserve their inventories. Drugstore chains Walgreens and CVS Health, and department store Target in April put limits on how many baby formula products consumers can purchase at one time.
CVS Health also said it has imposed a limit of three baby formula products per purchase in stores and online, until it can procure sufficient supply from its vendors.
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