Appliance makers like Whirlpool and Electrolux are struggling to keep up with demand.
It's a strain being felt in all parts of the supply chain, from the manufacturers themselves, to shippers, raw materials suppliers, retailers, and more. Six months into the pandemic and supply chains are still in turmoil, but it's not toilet paper this time. Electrolux, the Swedish maker of kitchen and laundry appliances, told investors this week that the uptick in sales has it struggling to keep up.
Beyond manufacturers, the strain is being felt by companies from Best Buy and other retailers, to shippers like JB Hunt and Union Pacific, and even raw materials suppliers like Dow, according to a Business Insider analysis of transcripts and filings from an already busy earnings season.
Good for WhirlpoolCorp and other appliance companies. Margings in the White Good industry are not high, so an increase in the top line should help Election2020 COVID Covid_19 coronavirus StockMarket BREAKING BreakingNews FridayMotivation FridayThoughts
I'm pretty sure if I go to one of the 8 HomeDepot in my area I can buy a washer and dryer just as easily as I can buy an apple.
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