Ikea Expects Shortages Due to Supply-Chain Crisis Until Mid-2022

  • Home-furnishings retailer is focusing on most popular products
  • Biggest challenge has been importing from China, CEO says
Biden: Will Direct Federal Support for Supply Chain When Needed
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Swedish home-furnishings giant Ikea gave a bleak outlook for the retail industry, saying it expects shortages from the supply-chain crisis to remain an issue through the middle of next year.