Shoppers May Be Less Likely To Spend Big This Holiday Season
Florida shoppers say they're not very comfortable spending amid rising gas prices and pandemic blows.
LEARN MOREPosted: 1:12 p.m. EST Nov 26, 2021
Retailer Gap blames supply chain issues for $300 million of losses in sales in its third quarter of 2021.
30% of Gap's inventory comes from Vietnamese factories, which had to close for several weeks during the summer due to a COVID outbreak.
Combined with backlogs at U.S. ports, it's clear there were delays getting merchandise on store shelves.
