U.S. retail sales dropped by 1.9% in December as Omicron and inflation surged. Sales grew by 16.9% last year on strong consumer demand.
Lululemon Chief Executive Calvin McDonald said that the company started the holiday season in a strong position but that the Covid-19 surge limited staff availability, prompting the chain
Shipping delays have caused her business, which her husband, Don Humphrey, founded more than four decades ago, to adapt. They have had difficulty procuring manufactured garden materials, such as flagstones and fountains, because of high demand and because their supplier of flagstones hasn’t been able to employ guest workers from Mexico, as it usually does.
John Lincecum, co-founder of Turtle Swamp Brewing in Boston, says the pandemic has hurt his cash flow.“My cost of cans and grain has gone up, so I’ve passed it along to the consumer,” said John Lincecum, co-founder of Turtle Swamp Brewing, a brewery and taproom in Boston’s Jamaica Plain neighborhood.
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