There is a national shortage of baby formula, which has forced a large retail chain to impose rationing on the important product for infants.
The supply chain crisis has prompted Walgreens – the second-largest pharmacy store chain in the United States behind CVS – to limit the amount of baby formula that customers can purchase. A spokesperson for the national drugstore chain told CBS MoneyWatch that customers may only buy three infant and toddler formula products per transaction. Walgreens – which operates approximately 9,021 drugstores in all 50 states – said the reason for rationing is because of "increased demand and various supplier issues." The restrictions are already in effect at stores.
CVS is also experiencing baby formula shortages. A CVC Health spokesperson told CBS News that "product supply challenges are currently impacting most of the retail industry." The largest pharmacy store chain said it is working with "national brand baby formula vendors to address this issue and we regret any inconvenience that our customers may be experiencing."