Supply Chain Delays Continue To Hurt Small Business As Big Stores Report High Retail Sales

Blue Planet Studio / Getty Images/iStockphoto Size can solve a lot of problems in the business world, and that was proven once again this week as m ajor retailers like Walmart, Target and Lowe’s all produced strong quarterly sales and earnings results despite the supply-chain problems that continue to […]

Size can solve a lot of problems in the business world, and that was proven once again this week as major retailers like Walmart, Target and Lowe’s all produced strong quarterly sales and earnings results despite the supply-chain problems that continue to plague the industry.

Walmart’s massive size proved particularly useful during its fiscal third quarter, when it was able to negotiate with manufacturers, increase its inventory and charter its own ships to move goods around the world, CNBC reported.

On the other end of the spectrum, small businesses continue to get hurt by supply chain delays. Nearly half of all small businesses in the United States said they faced some level of supplier delays during the week of Oct. 11-17, according to the U.S. Census Bureau Small Business Pulse Survey. That’s up from 26.7% during the first week of 2021, Fox Business reported.