Photo by Artificial Photography on Unsplash
While we’re only in late September, retailers are already busy planning for this year’s holiday shopping season. With many experts predicting this holiday season could experience logistical challenges that pose a $200 billion retail headwind in the second half of the year, everyone — from consumers to retailers back to suppliers — will absorb the cost increases. Some companies have even prebought shipping containers and others are renting their own cargo ships ahead of the holiday season, but for many retailers, those options aren’t available. Check out how retailers can set themselves up for success in this PYMNTS.com piece.