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People are delaying buying new cars, creating a deflationary 'spiral' that's bad news for the auto industry

Delayed vehicle purchases could lead to a "deflationary spiral" and recession for the auto industry…

Nora Naughton   


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1 min read

Online furniture brand Pepperfry registers Rs 188 cr losses in FY23

Online furniture brand Pepperfry registered Rs 188 crore in losses in FY23, down just 3 per cent fr…

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Target CEO signals a halt to revenge spending and delays in impulse buys

Target heads into the holiday season with less of an emphasis on 4K TV's and air fryers, and more f…

Dominick Reuter   


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Furniture shipments are still delayed due to a foam shortage that's slowly improving - as long as car production doesn't ramp back up

Consumer demand for products that include foam, like couches and mattresses, remains so high that t…

Avery Hartmans   


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Furniture shipping rates now equal the cost of the furniture itself as lead times continue to stretch on for months

The US imports tens of billions of dollars worth of furniture each year and the expense of getting …

Dominick Reuter   


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4 mins read

I've been a military spouse for 17 years, and it's isolating. I've seen the world but lost my identity and delayed my career.

A military spouse says she's gotten benefits as an Army wife, including seeing the world, but has a…

Jen Glantz   


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Emily Walsh   


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The biggest challenge for furniture retailers now is less about long shipping times and more about unpredictable schedules

"A 20-day transit would be somewhere around 65 days, then it's 35. And then it's back to 80," one i…

Dominick Reuter   


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1 min read

Ikea says product shortages will last well into the summer of 2022

Ikea, the world's largest furniture retailer, is among the long list of retailers struggling with a…

Mary Hanbury   


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4 mins read

Prices are set to fall for homes, cars, and furniture. It's a sign the Fed may not need to risk a recession that punishes job seekers.

Some economists argue supply chain issues and outsized demand are cooling, so there's no need for t…

Jacob Zinkula   


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A furniture company is shelling out $32 million to build its own cargo ship in an effort to sidestep the supply-chain crisis

Loctek, a furniture company known for its ergonomic designs, is paying Huanghai Shipbuilding $32.6 …

Grace Kay   


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3 mins read

Everything from going out to eat to ordering furniture is slow and annoying now. Economists have no way to measure that.

Inflation measures try to track price increases throughout the economy, but COVID has messed up the…

Ben Winck,Andy Kiersz   


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4 mins read

Laurie Espino   


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The cost of electronics, clothes, and furniture is set to jump more than 10% next year because of the supply chain squeeze, UN report says

Shoppers should brace themselves for a more expensive shopping experience in 2022 if supply chain i…

Mary Hanbury   


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2 mins read

The supply-chain crisis is 'shifting the perception of used' as shoppers turn to secondhand goods amid shipping delays and shortages

"Why wait three months to find my dresser when I could just go pick it up tomorrow?" one Facebook M…

Hannah Towey   


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Machinery manufacturer Caterpillar is expecting shipment delays due to the Suez Canal gridlock

The chaos in the Suez means that Caterpillar Inc is anticipating a delay of a week or more in shipm…

Zahra Tayeb   


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Costco is renting 3 container ships and 'several thousand containers' to shield itself from supply chain delays and rising costs

Retailers across the US are facing delays, shortages, and rising costs because of an ongoing breakd…

Mary Hanbury   


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Ikea furniture is still stuck on the Ever Given alongside $550,000 worth of wearable blankets, 2 months after the ship was freed from the Suez Canal

A business owner with stock on the Ever Given told CNN: "We haven't been informed of anything - we …

Anna Cooban   


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3 mins read

A COVID-19 shutdown at one of the world's busiest ports threatens to worsen shipping delays and send prices even higher

Experts say the Delta variant will cause more shipping delays and threatens to cause even more shor…

Grace Kay   


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Costco has a shortage of imported cheese thanks to shipping container constraints and delays at major US ports

During an earnings call last week, Costco's CFO said the retailer was running out of several househ…

Grace Kay