Philippine Amalgamated Supermarket Association Incorporated
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PAGASA's FEARFUL FORECAST FOR THE YULETIDE SEASON ‘20 PDF Print E-mail
Friday, 02 October 2020
PAGASA’s STC was fearful for the anticipated sales of the coming Yuletide Season in 2020.  Interviewed by ABS CBN's TV Patrol via youtube & other media platforms on 2 October 2020, STC mentioned the predicament of supermarkets uncertain whether they may run out of goods to sell if they under-order to avoid inventory/carrying costs or whether they may be holding unnecessary inventory after the Season if they over-order goods anticipating the usual Christmas spike in sales. This is definitely a damned-if-you-do and damned-if-you-don’t situation for food retailers as shoppers fear the spread of the epidemic as well as consumer pockets running dry from lack of regular income.
 
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