This time of year, China s Lunar New Year celebration brings about a slowdown in manufacturing and supply chain movement that retailers didn t have an adequate chance to prepare for due to the turmoil of the last year and the existing difficulty in restocking.
Freight capacity is strapped on land, air, and sea, but for Wayfair, ocean freight is of particular concern since even in a pinch, furniture sellers are unlikely to go by air, due to the cost.
The nearly year-long cascade of disruption is an industry-wide problem. Gary Friedman, CEO of Restoration Hardware s parent company, said on a December earnings call that backorders were higher than they d been in 20 years. La-Z-Boy CEO Kurt Darrow called the five- to nine-month lead times his customers are currently waiting unprecedented on an earnings call earlier this month.
WINNIPEG Wash all hospital laundry onsite - that is the recommendation from one researcher who found the virus that causes COVID-19 could last up to three days on some fabrics. Using three textiles most commonly found in the health-care arena – 100 per cent cotton, polycotton, and 100 per cent polyester – microbiologist Katie Laird tested how long the virus lasts and the effects of different laundry treatments. Her findings have been released in a new study. Laird is an associate professor of microbiology and the head of the Infectious Disease Research Group at De Montfort University in Leicester, U.K. To safely study what could happen to COVID-19 in the wash, Laird worked with a virologist and used another virus that had the same properties of survival on surfaces as SARS-CoV-2, the virus that causes COVID-19.
TOKYO (dpa-AFX) - The value of retail sales in Japan was down a seasonally adjusted 0.5 percent on month in January, the Ministry of Economy, Trade and Industry said on Friday - coming in at
Former RTà Dragonsâ Den presenter Ramona Nicholas and her husband Canice Nicholas are to receive a total of â¬400,000 as part of a deal in their exit from the Cara Group of pharmacies, a High Court judge was told.
Mr Justice Denis McDonald said, while he was âtroubledâ by what had happened, and by the amount of the payment â which the couple had wanted to be kept confidential â he had concluded it had not unfairly prejudiced interested parties, particularly creditors.
Part of the sum is â¬29,000 in redundancy payments to each of them with the remaining â¬342,000 representing an âex gratia payment on the termination of their employmentâ and to include non-compete clauses.