Costco, Nike and FedEx are warning there’s more inflation set to hit consumers as holidays approach
Economy And Jobs,Business,Inflation,Holidays,Nike,FedEx
From the Left
AllSides Media Bias Rating: Lean Left
Shipping bottlenecks that have led to rising freight costs are cooking up a holiday headache for U.S. retailers.
Costco this week joined the long list of retailers sounding the alarm about escalating shipping prices and the accompanying supply chain issues. The warehouse retailer, which had a similar cautionary tone in May, was joined by athletic wear giant Nike and economic bellwethers FedEx and General Mills in warning of similar concerns.
Check for Bias
The AI-powered AllSides Bias Checker instantly reveals the bias of a news article. Tap the button to use.
Related Coverage
AllSides Picks
More News about Economy and Jobs
News from the Left
News from the Center
News from the Right
Homelessness dropped 3% last year, compared to 2024, HUD Secretary Turner says more needs to be done
Just The News