Tag

Supply Chain Shortages

All articles tagged with #supply chain shortages

business2 years ago•2 min saved

Multiple Restaurants in Burlington and Colchester Permanently Close

Deep City, a restaurant in downtown Burlington attached to Foam Brewers, has announced its permanent closure due to various business challenges, including staffing shortages, supply chain shortages, and inflation. The owners expressed hope to reopen in the future but are uncertain about the timing. Foam Brewers will continue to operate, while another downtown Burlington restaurant, El Gato Cantina, has also recently announced its closure.

via WPTZ|

#burlington #business #deep-city

lifestyle2 years ago•0 min saved

The Rise of Disaster Prepping: A Third of Americans Embrace Survivalist Mentality

More people, including city dwellers and suburbanites, are embracing disaster preparedness by stocking their homes and cars with emergency supplies. This shift is driven by a renewed interest in self-reliance, influenced by supply-chain shortages, empty grocery shelves during the pandemic, natural disasters, and global events.

via The Wall Street Journal|

#disaster-preparedness #emergency-supplies #lifestyle

business2 years ago•3 min saved

Navigating the Unpredictable Terrain of the Used Car Market

The used-car market is still experiencing historically high prices, with the average transaction price in Q1 at $28,381, up 44% from five years ago, according to a report from Edmunds.com. The available pool of cheap vehicles is dwindling, with only 30.6% of used vehicles sold for under $20,000 in Q1, compared to 60.5% in the same period five years ago. The lingering effects of supply chain shortages are to blame for high auto prices, and the new car market may offer some relief if sales stall out and automakers use incentives to move new cars off dealer lots, putting pressure on the used market.

via Yahoo Finance|

#business #edmunds #new-car-sales