When stay-at-home orders were first enacted, people responded by stocking up on staples. They bought toilet paper, rice, other food items, and lots of practical things.
As reality set in, consumers bought puzzles, board games, exercise equipment, and items to enhance or set up a home office. Now demand has shifted again, Walmart (NYSE:WMT) CEO Doug McMillon noted on the Today show last week.
What are people buying?
With non-essential retail closed, people can't get their hair cut or dyed. They also can't go to nail salons.