While port troubles spiked with the pandemic, the retail industry has been changing for years putting pressure on the supply chain, said Port of Long Beach’s...
, and so far say they’re handling what the macroeconomic forces are dishing out.
Stephen Edwards, CEO of the Port of Virginia, asked an audience of retailers to “talk to us if you’re delayed and need storage.” The ports said they’re taking action, but there needs to be more visibility on all ends of the supply chain. have left big cracks in crystal balls, but experts agree that empty store shelves will be around for at least another six to nine months.
At least in “COVID times,” retailers are looking at point-of-sale data to stock their shelves, said Stephanie Wissink, managing director with the Jefferies Financial Group.
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