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Stock impact report

COVID-19 is changing how we spend. Here's what people are buying [CBS News]

The Hershey Company (HSY) 
Last the hershey company earnings: 4/23 07:00 am Check Earnings Report
Company Research Source: CBS News
America's culture of consumerism took an unexpected detour along with thecoronavirus pandemicIn the broadest sense, shopping data show, two concerns seem to be driving much of what consumers are buying during the health crisis: Fear of vital supplies running out and, relatedly, the challenge of being cooped up at home for months on end. In practical terms, that means more toilet paper, more food and — with bars shuttered — more liquor.The initial flurry of spending spiked in mid-March and remains elevated, leading to continuing shortages on store shelves. But Americans are also turning to projects like home improvement and gardening, undertakings that offer a sense of control in a wildly uncertain time.: The Race To Respond updates: States ease COVID-19 restrictions as testing ramps up in : The Race To Respond"It's a changed world," said Anne-Marie Roerink, principal and founder of marketing research company 210 Analytics. "I call it 'in-sourcing.' People are fascinated by doing thing Show less Read more
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