Supply Chain Problems Have Small Retailers Gambling on Hoarding
The New York Times
Some independent stores ordered in bulk well in advance, and now are hoping they’re able to sell what they have.
Megan Searfoss has been hoarding sneakers in Connecticut.
Ms. Searfoss, the owner of two running stores in Darien and Ridgefield, Conn., would normally have about 3,000 pairs of shoes in stock ahead of the holiday season. But as she watched supply chain concerns in Vietnam mount this summer and into the fall, she secured a new storage facility and is now carrying around 4,100 pairs.
It’s a costly gamble for Ms. Searfoss, who said she is extended about $165,000 more than she would typically be in November because of worries about potential shortages.
Critics of using public money to build sports facilities dismissed the bond sale, but some of the team’s devoted followers eagerly paid in.
Since the election, Mr. Musk has used his social media company to talk up how bright the future will be under the president-elect.
Here’s what the president-elect has said he might do with your taxes, student loans, Social Security and more.
Donald J. Trump has embraced tabloids, reality TV, Twitter and cable news. This year, he moved on to podcasts and online streamers.
Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?
A little-known investment banker, a former hedge fund star and an acolyte of George Soros have the president-elect’s ear.
The U.S. presidential election result has ensured a sharp turn in economic policy expected to upend global commerce and diverge from decades of American norms.
Angel Sivado tries to move people from the streets to permanent housing. A new law makes helping her clients more of a challenge.
About 33,000 workers at the aerospace manufacturer had been on strike for nearly two months, having rejected two earlier contract offers.
Right-wing groups, which use Telegram to organize real-world actions, are urging followers to watch the polls and stand up for their rights, in a harbinger of potential chaos.
The billionaire has effectively become the star of his social media platform, transforming X into a reflection of his personal views before the election.