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National baby formula shortage forces rationing at major retail chain

By Ricky Scaparo

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.”…

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