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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
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.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MoneyGram's COO took us inside the company's digital transformation - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
An Inside Look At This CEO’s Refreshing Way Of Doing Business In The Beverage IndustryFor Certified Holistic Educator, Raw Food Chef, Plant-Based Nutritionist, and Founder of organic juice brand Garden of Flavor Lisa Reed, it’s all about the juice.
Source: Forbes - 🏆 394. / 53 Read more »
Same state, different sides: Pennsylvania small-business owners reflect on past four years under TrumpWith a week and a half to go before the presidential election, small-business owners in Pennsylvania are reflecting on where they are now, after President Trump won the state in the last election. Fund-raising for Afghan people All of our lives have been affected by this pandemic but, whilst we are all in this together, it does not affect all of us equally. Help men, women and children in Afghanistan get through the coronavavirus pandemic and build back stronger lives. So, I'm a liberal Canadian and for Trump to win, it might be disastrous for Canada. However, if I was an American, I'd vote for Trump, hands down. Sure, he's made some dumbass comments, but one thing stands out — he loves his country.
Source: NBCNews - 🏆 10. / 86 Read more »
Fashionphile CEO talks partnership with Neiman Marcus, pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Cruise will pandemic-proof its driverless, electric Origin shuttles - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Can’t wait til this becomes the norm. Can’t believe I may be able to see one and use one in my life time!! Exciting! I have so many questions!
Source: BusinessInsider - 🏆 729. / 51 Read more »
How to build a more productive and happy team during the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »