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Thursday, 09 April 2020

Retailer Carrefour urges Egyptian shoppers not to hoard amid coronavirus fears

The supermarket retailer stressed it has reserves that will last for months

Sama Osama , Thursday 19 Mar 2020
Carrefour
A man wearing a protective face mask walks outside a Carrefour hypermarket while Egypt ramps up its efforts to slow the spread the coronavirus disease (COVID-19) in Cairo, Egypt March 19, 2020. (Reuters)
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Carrefour Egypt has said it has sufficient stock of products for “coming weeks and months,"  urging shoppers not to hoard goods and calling for compliance with preventive safety measures amid fears over the coronavirus outbreak.

The retailer, which operates a chain of supermarkets in Cairo and other Egyptian cities, sought to reassure customers it would continue to meet their needs despite rising demand.

In recent days, there have been reports of shoppers stocking up on staples in an attempt to prepare for lengthy home quarantines.

But Carrefour stressed on Thursday it has "enough stock to meet everyone's needs...through coming weeks and months."

“We have noticed that customers are purchasing and stocking up products exceeding their needs due to concerns in such times,” Hani Weiss, CEO of Majid Al Futtaim, which operates the French retailer in the Middle East, said in a statement.

"We would like to emphasise that despite significantly rising demand, our supply chains are well equipped to provide products to our customers under any circumstances."

The company called on its customers to “take a responsible approach when shopping,” urging them to refrain from "crowding, leave appropriate distance [between one another] and to be considerate of others."

It said operations are proceeding normally in ordinary opening hours, adding that it will continue to monitor inventory levels to ensure the availability of products and maintain prices unchanged.

Majid Al Futtaim Retail launched the French brand in the region in 1995.

Also on Thursday, Egyptian authorities said they are tightening control of the sale of disinfectants and medical supplies, including sanitisers and face masks, amid a trend of hoarding by traders aiming to make use of the crisis to raise prices.

The Administrative Control Authority said it was inspecting pharmacies to detect violations.

 

 

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