Shoppers expected to spend $4.2-trillion online in 2021, squeezing supply chains
27 April 2021 - 18:14
Chicago — Global shoppers are expected to spend 20% more online in 2021 than they did last year, according to an Adobe report released on Tuesday, likely adding pressure to supply chains as they struggle to keep up with a surge in demand.
Major retailers and vendors — from Home Depot to Peloton — are under pressure from high transportation and storage costs for expensive-to-ship items such as appliances, furniture and exercise equipment that are in high demand...
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