'It's crazy': Panic buying forces stores to limit purchases of toilet paper and masks

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'It's crazy': Panic buying forces stores to limit purchases of toilet paper and masks
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Some retailers around the world are having to take drastic action to limit the number of toilet paper rolls, face masks and hand sanitizer bottles each person can buy as customers stockpile goods over fears of the novel coronavirus outbreak.

Hong Kong Rationing supplies. Overwhelmed delivery workers. Toilet paper protected by security guards.

This is the new reality for some retailers that are having to take drastic action to limit the number of toilet paper rolls, face masks and hand sanitizer bottles each person can buy as customers stockpile goods over fears of the novel coronavirus outbreak.The epidemic has infected more than 97,000 people and killed 3,300 globally, leading to growing alarm that has resulted in mass bulk buying around the world.

— Matt Wade March 4, 2020 In a statement to CNN Business, Coles said that the security deployment was"a one-off" situation.Stretched supply chainsPatrick Noone, managing director of Costco Australia, said his team has been scrambling to adjust to the sudden jump in demand over the last few days."We have seen an influx of people in warehouses across the country in the past week 'stocking up,'" Noone said in a statement.

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