Published April 18, 2022
Retailers are no stranger to the issues caused by congestion at the ports and consumer economic worries. Delays at the Port of Los Angeles hit nearly 20 days at the beginning of 2022, as highlighted in a report by the International Monetary Fund, while other major U.S. ports also saw significant delays. At the same time, inflation has been running at about a 40-year high, according to NRF chief economist Jack Kleinhenz.