The pandemic has contributed to an increase in supply chain disruption as retailers on the West Coast grapple with port congestion, according to Footwear News. A combination of increased demand, labor disruptions, and equipment shortages have led to stockpiles of extra inventory. This means losses in the millions for department store retailers, and big gains for off-price retailers.
In this recent article from Footwear News, Bamboo Rose CEO, Sue Welch, talks how off-price retailers benefit from the overstock of inventory sitting in retailers’ warehouses as a result of supply chain disruption.