Burlington Shops braces for extra provide chain woes forward
Burlington, NJ – Burlington Shops Inc. tempered good tidings from its sturdy second quarter efficiency by cautioning extra potential challenges forward as a result of deteriorating provide chain situations.
CEO Michael O’Sullivan referred to as it “a major imbalance in international transportation techniques between demand and obtainable capability” that has persevered over the previous a number of consecutive quarters.
“This has induced unprecedented volatility and disruption in deliveries of merchandise throughout all sectors of retail, and it has induced a major spike in worldwide and home freight charges,” he defined. “As we transfer into Q3 and the height interval for
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