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Smucker Is Ready for a Second Round of Pantry Stockpiling
- Consumer demand has surged in recent weeks, CEO says
- Company has shifted production to focus on in-demand items
Photographer: Luke Sharrett/Bloomberg
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The maker of Jif peanut butter and Folgers Coffee says it’s ready to meet another wave of grocery demand amid a new spike of Covid-19 cases.
JM Smucker Co. has shifted production to its most in-demand items while expanding operating hours and re-purposing facilities that were being underutilized. New measures to promote social distancing and stop the pandemic’s spread have sparked consumers’ renewed stockpiling.