Retailers and consumers feel the effects of shipping delays
February 1, 2021
Shirts, smart speakers, wines and many other items sold at retail are in short supply as a result of shipping delays caused by the pandemic. “Not only have the last two months seen supply shortages develop at a pace not previously seen … but prices have also risen due to the imbalance of supply and demand,” said Chris Williamson, chief business economist at IHS Markit.
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