News

As holiday merchandise gets held up, discount retailers get ready

By Caroline Champlin

That record-breaking container ship backlog at U.S. ports is slowing everything down just in time for the holidays. For many in the consumer goods business, it’s a nightmare. For others, it looks like a big opportunity.

Think about a tinsel Christmas tree that might be sitting on a shipping container right now.

“Hopefully, that Christmas tree makes its way in a timely manner through the retailer supply chain and is on a store shelf in time for the holidays,” said Jeff Rechtzigel, a general manager at Liquidity Services.

Read Article