Don't Panic. There's Still Plenty of Toilet Paper to Go Around
In an interview on CNBC, International Paper (NYSE: IP) CEO Mark Sutton attempted to reassure panicky Americans. While supply may be dwindling on the shelves of your local retail outlet, there's still plenty of toilet paper and diapers to go around, he said. And Sutton should know. Not only does his company make the raw materials used in toilet-paper manufacturing, he's also on the board of directors at Kroger (NYSE: KR), where toiletry products are sold to the end consumer nationwide.
As COVID-19 continues to spread, people have started quarantining in their homes. In an effort to be prepared for a lengthy quarantine, many began hoarding essential items -- such as TP -- leading to fears of a toilet-paper shortage.
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Source Fool.com
