Why retail companies are experiencing major inventory delays during the pandemic

About This Source - CNBC Television

CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.

Recent from CNBC Television:

  • LIVE: Biden outlines his administration’s actions to curb violent crime and gun violence — 6/23/21
  • Jefferies’ Michael Yee on heart inflammation linked to Covid vaccines
  • Coursera CEO Jeff Maggioncalda on closing the digital skills gap
  • CNBC Television published this video item, entitled “Why retail companies are experiencing major inventory delays during the pandemic” – below is their description.

    As economies open up, ports are packed. The congestion is causing inventory problems for a growing number of companies. Foot Locker cited the slowdown during its most recent earnings call. The Gap called the problem unforeseen while Peloton said its delivery wait times remain elevated. Jim Newsome, South Carolina Ports Authority, and Kathryn Thompson, CEO of Thompson Research, joined “Squawk Box” on Wednesday to discuss.

    CNBC Television YouTube Channel

    Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

    Leave a Comment