Costco, Nike and FedEx are warning there’s more inflation set to hit consumers as holidays approach

Posted on AllSides September 24th, 2021
From The Center
David Paul Morris | Bloomberg | Getty Images

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.

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https://www.cnbc.com/2021/09/24/costco-nike-and-fedex-are-warning-theres-more-inflation-set-to-hit-consumers-as-holidays-approach.html

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