Sherry Qin
Sherry Qin
Writer/Reporter @MorningBrew business journalist trained by @nyu_journalism and @CNNi bold and beautiful @BarnardCollege woman 我讲中文Source
New York, USA
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Supply chain problems leave small businesses navigating uneven playing field

Supply chain problems leave small businesses navigating uneven playing field

From raising prices to placing big orders, this is how small business owners are dealing with supply chain headaches. Inflation keeps hitting American consumers, who have seen rising prices everywhere from the gas pump to the grocery store. But it’s weighing on small businesses, too. Mike Brey, the president of Hobby Works, a toy and hobby store with two locations in Maryland, raised the prices of over 10,000 products in his stores between July and October, from remote planes to 1,000-piece Lego sets. The average increases of 8–10% are meant to absorb Brey’s continually rising costs. “Many...

Dec 3
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