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Clorox CEO-elect says company is making 1 million wipes packages a day
Disney sees streaming boom; Clorox wipes still MIA
Fox Business Briefs: Disney’s three major streaming services Disney Plus, Hulu, and ESPN Plus surpass 100 million paid subscribers; Clorox says that grocery store shelves won’t be fully stocked with its disinfectant wipes until 2021.
Clorox CEO-elect Linda Rendle said Monday that the company is "making more disinfecting products that we ever have before" in an effort to keep up with demand during the coronavirus pandemic.
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"Since January, we're able to make 100 million more disinfecting products than we did before, that's a 50% increase," Rendle told Good Morning America's Robin Roberts. "And specific to wipes, we're making nearly 1 million packages every day and shipping them to stores."
The company recently warned that store shelves won't be fully stocked with their products until next year as the pandemic has led to a supply shortage.
CLOROX WIPES SHORTAGE EXPECTED TO CONTINUE UNTIL 2021 AS CORONAVIRUS DRIVES DEMAND
“Disinfecting wipes, which are the hottest commodity in the business right now, will probably take longer because it’s a very complex supply chain to make them,” outgoing CEO Benno Dorer told Reuters.