For investors looking to turn the world’s great supply-chain bottleneck into a payday, don’t forget to check between the couch cushions. Months-long manufacturing and shipping delays for furniture is turning Wayfair Inc. — with its large network of suppliers and smart logistics — into a big winner, even if the market hasn’t caught on yet.
Shares of the home-furnishings e-commerce site are down 5% over the past year as reopenings were seen as a negative for online shopping. Meanwhile, manufacturers and retailers more broadly are grappling with rising costs and shortfalls amid high demand. A shortage of truck drivers, understaffed factories and difficulty sourcing key materials are preventing all sorts of items — cars, electronics, shoes, sofas — from getting made and delivered to customers.
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September 02, 2021 at 07:30PM
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Wayfair or Wait Forever? The Choice Is Easy for Furniture Shoppers - Bloomberg
"wait" - Google News
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