Thursday, June 11, 2020

Supply Chain Issues at Warren Buffett Furniture Stores

As I have stated before, as the lockdown eases we will learn more about the supply chain problems caused by the restrictions on business operations.

An EPJ reader emails:
One of the top five US retail furniture stores, Nebraska Furniture Mart, a Berkshire Hathaway company (Warren Buffet), is seeing strong business but major supply issues. Normally they run with their warehouses 90-95% full, but are now at just over 50%. NFM has four stores, three are massive stores and warehouse complexes in Omaha, Kansas City, and The Colony / Dallas.
These supply chain issues are going to add to upward price pressures on goods. It will add to the price pressures being driven by the massive printing of money by the Federal Reserve.


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