The baby formula shortage has gone from bad to worse, as shown by the latest data from retail-tracking firm, Datasembly.
For the week ending May 8, 43% of formula was out of stock at retailers tracked by the firm nationwide — compared with 31% about a month ago. A perfect storm of supply chain disruptions, product recalls and inflationary pressures first pushed the out-of-stock rate into the double digits last year. The crisis really started to take hold in February when the Food and Drug Administration warned consumers not to use certain baby formula from Abbott Laboratories’ Sturgis, Michigan, facility. That led Abbott to pull those products from the market.