Supply Chain Research

PriceSmart released FQ2’21 (to Feb. 28) revenues which increased by 3.4% year over year. The firm’s supply chain activity slowed with U.S. seaborne imports linked to the firm down by 7.3% in the three months to Feb. 28. Yet, there was a 316.4% jump in March, potentially as prior logistics network congestion unwound. CEO Sherry Bahrambeygui noted challenges from “continued shipping container shortages at the point of origin out of Asia.” There have also been “some time delays with certain departments such as outdoor patio, sporting goods, home furniture, apparel and domestic”. Looking at ...