USA TODAY: Shoppers face shortages of cars, shirts and smart speakers amid COVID-19 shipping delay

As the COVID-19 pandemic wears on, manufacturers and retailers have started to see an uptick in demand with shoppers bulking up on electronics, loungewear, and home-based goods. However, many factories are operating at half-capacity due to COVID cases or restrictions related to social distancing, resulting in delayed shipments and limited supply. The current imbalance of supply and demand has hiked up wholesale costs and increased the likelihood of steeper retail costs later in the year.

 

In this recent article from USA TODAY, Bamboo Rose CEO, Sue Welch, talks about the effects of this shift and explains how consumers and retailers are responding to changes in the supply chain.