Supply Chain Research

Richelieu Hardware, a retailer with locations in Canada and the U.S., released FQ4’20 revenues (to Nov. 30) which climbed 17.6% higher year over year and beat analysts’ estimates by 8.0%. Pandemic-linked demand for home repairs as people have more time and cash diverted from leisure spending is a likely driver. U.S. seaborne imports linked to the firm climbed 45.4% year over year in the three months to Nov. 30 and increased by a further 135.9% in December. The firm’s supply chain structure has been largely unchanged in the past 12 months with China accounting for 75.4% of shipments. Rich...