I just called two local shops and got a very different ringtone.
At one of them, the guy just told me that Kodak was going bankrupt (something I doubt is the case right away).
But at the other shop, which caters to professional photographers, I had a more descriptive story.
He explained that he puts in regular orders to Kodak and Fuji but simply doesn't get anything delivered. He's got only 6 rolls of color Fuji film on the shelf and he says that the first guy who drops by for some film and sees them will simply empty the shelf.
He says that the problem is that there is a shortage of a rare metal that goes into color film emulsions and that there is no substitute for it right now. So Kodak can't start their film coating for color emulsion and Fuji is letting the color materials go out slowly as to not empty their stockrooms too fast.
Somehow, I think that the rare metal shortage is probably very real as a lot of exotic metals like Iridium go into the fabrication of the materials.
EDIT: I think I hit the nail on the head when I talked about Iridium. It turns out that there is both a shortage of this rare metal and an increased demand for it as it goes into the fabrication of Hydrogen Fuel Cells and hydrogen production facilities. In 2021, the price of iridium went-up 160%. As this morning, the price was 4,500$/oz.
If you want an idea of what goes-on inside the film recipes, check out this video
https://www.youtube.com/watch?v=zJ8aNPStQ8M