US retailers brace for potential pain from a longshoremen’s strike
- A longshoremen's strike is expected to start at 12:01 a.m. Eastern time Tuesday, impacting shipments from Asia for many retailers, including the National Tree Company, led by CEO Butler.
- If the strike lasts only a few days, companies might still unload Christmas trees in time for the season; otherwise, they risk warehousing until next year.
- Greg Ahearn, CEO of the Toy Association, warned the strike could disrupt toy sales, with 60% occurring from October to December, possibly raising prices due to scarcity.
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Total News Sources0
Leaning Left15Leaning Right10Center60Last UpdatedBias Distribution71% Center
Bias Distribution
- 71% of the sources are Center
71% Center
L 18%
C 71%
11%
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