Reported 3 months ago
As a significant port strike on the East and Gulf Coasts persists, major retailers like Walmart, Target, and Nike face potential disruptions to their operations. With perishable goods at risk and holiday inventory running low, these companies are preparing for possible shortages and increased costs. Retail experts suggest that if the strike lasts longer than anticipated, the impact could be felt deeply in margins and sales as they struggle to source goods while managing supply chain challenges.
Source: YAHOO