Small retailers brace for ‘huge hit’ this holiday season as shipping costs spike
Summary
Smaller and medium-sized retailers are preparing for a difficult holiday period as logistics expenses surge. The sharp increase in shipping rates is primarily driven by rising fuel prices, creating significant financial pressure for these businesses.
As shipping costs surge due to high fuel prices, smaller and medium-sized retailers struggle to keep up, and they face a difficult holiday season.
Source: Read the full story at US Top News and Analysis
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