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8 Sep

The Son Of Black-Owned Grocery Store Brokerage Founders Created

by Beautifaire101
Hair, Featured
Take a go searching the following time you’re at your local food market. Have you ever ever considered who’s behind ensuring those shelves are continually stocked? How the produce arrives perfectly ripe to your picking? Brandon Hill can answer that: his parents, and other people like them. For greater than 40 years, his mother and father worked within the grocery industry–each in the company sector and eventually as owners of their very own grocer brokerage–one in all the few Black founders to accomplish that. Like many others within the food distribution business, Hill’s parents experienced the ups and downs of the key economic consequences of the COVID-19 pandemic, namely supply chain disruptions. Data shows that short supply may cause a 62%...
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4 Sep

Supply Chain Strain, Altered Shopper Habit Evolve China Beauty

by Beautifaire101
Beauty, Featured
SHANGHAI — Shanghai‘s prolonged COVID-19-related lockdowns in April forced beauty brands to halt production for a minimum of a month, sending shockwaves through the industry. “Supply chain capability was a much larger differentiating factor than the primary time around,” said Melinda Hu, senior analyst at Bernstein. “Shanghai was negatively impacted on countrywide sales, each online and offline.” With warehouses near Shanghai, Estée Lauder and Shiseido “had severely restricted their distribution operations,” said Hu. “Nevertheless, for L’Oréal, which had a broader set of distribution assets across the country, the impact was less severe. “Domestic brands with headquarters in Shanghai, similar to Shanghai Jahwa, Jala Group, Shanghai Chicmax and Percaline saw significant declines. With the lifting of the lockdown in Shanghai, we expect to see...
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