NerdWallet: The supply chain outlook for holiday shopping: What’s in stock, and what’s not

by | Nov 1, 2022 | Stock Market

This article is reprinted by permission from NerdWallet.  Logistics in general, and supply chains in particular, weren’t something Black Friday shoppers thought about much. Until the pandemic hit and empty shelves were where baby formula, produce and, yes, toilet paper once stood.

Are we past shipping bottlenecks, clogged ports of entry and long-haul trucking issues? How will supply chains and inventory levels impact Black Friday bargains? There is good news.Black Friday is here now It probably comes as no surprise that Black Friday has become something of a misnomer. Retailers have already launched pre-holiday discounts, and the National Retail Federation’s latest consumer survey shows that 38% of consumers plan to start shopping for the winter holidays earlier this year than they typically do. And 45% of the 2,000 consumers surveyed by NRF and Prosper Insights & Analytics in September said they intend to shop in stores this Black Friday. But wait. Aren’t we still living under the bind of supply-chain issues? We’ve seen the video of ships clogging major ports, loaded with containers going nowhere. “In addition to seeking alternate ports, using air freight and looking for alternate suppliers, many retailers brought in merchandise early this year to beat rising inflation and ongoing supply chain disruption issues,” Jonathan Gold, vice president of supply chain and customs policy for the NRF, said by email. “You don’t have a hundred ships sitting out in the harbor outside the ports of LA and Long Beach right now, so that has improved,” says John Haber, chief strategy officer for Transportation Insight, a logistics management company. Don’t miss: ‘Living paycheck-to-paycheck has become the norm’: Inflatio …

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