Noun
panic buying (usually uncountable, plural panic buyings)
(business, finance) The buying of commodities or other assets earlier than normal, or in quantities greater than normal, because of rumours of coming shortages or price rises.
Panic buying gives customers a modicum of control as coronavirus takes over the nation with seemingly endless unknowns. Source: Internet
Panic buying is causing a run on gas and empty fuel pumps, Texas Railroad Commissioner Ryan Sitton said. Source: Internet
Panic buying and stockpiling has been the order of the day at many stores across B.C. Global’s Paul Johnson tells us what the experts say you really need. Source: Internet
Another senior retail source said: “Panic buying is the biggest problem, because it warps stock control. Source: Internet
Panic buying has made it nearly impossible for retailers and suppliers to keep up with the unprecedented spike in demand. Source: Internet
Panic buying we said! Source: Internet