Coronavirus epidemic: U.S. retailers could see some empty shelves by mid-April

Coronavirus epidemic: U.S. retailers could see some empty shelves by mid-April

Supply chain disruptions and shortages have the potential to hit retailers such as Best Buy, Michaels and Wayfair in the near future, considering that 60 percent to 70 percent of their inventory comes from China.

Even Costco, BJ’s Wholesale Club and Kroger could see issues because of China’s role in packaging materials and basic paper products.

Retailers have started to look to shift production from China to other parts of Asia, but they are hitting snags because many raw materials come from China.

via NBC Coronavirus epidemic: U.S. retailers could see some empty shelves by mid-April