Small business owners prepare for the holidays amid inflation and supply chain issues – NPR

by | Oct 29, 2022 | Business

NPR’s Scott Simon speaks with small business owner Anika Hobbs about how she is preparing ahead of the holidays, amidst inflation and supply chain issues.

Supply chain problems, customer weariness, inflation – those are just some of the obstacles that retail businesses face this year. And small businesses feel the effects especially sharply. Anika Hobbs owns Nubian Hueman, which specializes in goods from Africa and the African diaspora. She has stores in Washington, D.C., and Baltimore. Ms. Hobbs, thanks so much for being with us.
ANIKA HOBBS: Thank you for having me.
SIMON: How’s business?
HOBBS: You know, it’s definitely having its challenges, especially with us being in fashion and international fashion at that.
SIMON: Well, help us understand the challenges – what you have to consider every day.
HOBBS: Yeah, I mean, ever since being in this post-pandemic space, for us it’s been a challenge because we do have brick-and-mortar. So there are some opportunities when it comes to the traffic that we had pre-pandemic, for example. But then also just with inflation happening, we’ve seen a lot of people just not willing to take that …

Article Attribution | Read More at Article Source

Share This