Florida Atlantic University Retailers Race to stock Hot Ticket Items Discussion
Question Description
I’m working on a business question and need guidance to help me learn.
Read the following article:
Big retail chains such as Dicks Sporting Goods Inc. and Best Buy Co. say they are rushing to have enough goods to sell in their stores this year amid surging demand from American consumers for products from fitness equipment to televisions.
Your initial response should address 2 or more of the following:
- In your own words, summarize the central premise of this news story.
- What factors are impacting the supply of products? What factors are impacting the demand for products?
- Describe at least two strategies that suppliers and/or retailers are implementing in an effort to address the current challenges in the global supply chain.
Describe what the global supply chain and consumer retail marketplace will look like a year from now and explain why you predict this.
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