The world's biggest furniture brand IKEA is raising prices by an average of 9% as it faces increasing costs in transport and raw materials, the owner of most of its stores worldwide said on Thursday.

Inventory remains low even with factories producing more than pre-pandemic levels. Supply chain issues are likely to persist until mid-2022.

Around 10% of in-store and 18% of online purchases of retail items are returned after the holidays, which totaled to $48B last year. This holiday season, the National Retail Federation is projecting $860B in returns.

In the first seven months of 2021, cargo volumes between Asia and North America were up by 27% compared with pre-pandemic levels.

In case you haven’t heard … prices? They’re higher these days. That’s not terribly surprising, given the global supply chain debacle, but it turns out a once-in-a-lifetime pandemic has an impact, too. Dozens of countries have experienced inflation since the onset of the pandemic, and the United States has one highest rates. Today, we look at how the U.S. approach to addressing inflation differs from other countries around the globe. We’ll also take a trip to a warehouse to see its role in the global supply chain, hear how the Great Resignation isn’t necessarily benefitting everyone and celebrate jobless claims that haven’t been this low since the Beatles were together.

Even for micro businesses, how things get made can be shaped by macro trends and geopolitics. Now small-scale producers are taking back control.

Inflation has continued to concern investors into the month of August, causing many growth stocks to give back any footing they gained in the prior month. Since the February top in tech growth, only select names in the cloud and semiconductor space, as well as big tech, are at new highs, while many high fliers from last year are still building a base.

Matt is joined by economist Julia Coronado to talk about inflation, markets, and employment in the pandemic recovery economy. They discuss housing, new and used car markets, and possible strategies toward achieving full employment.

It comes as the economy continues to move toward a full reopening.

The e-commerce surge is driving a new paradigm for packaging. Find out how companies that produce corrugated boxes and other packaging materials are expanding their industrial real estate footprint to meet increased demand.

COCKEYSVILLE, Maryland (AP) — People used to go to Valley View Farms to buy five tomato plants and end up with $5,000 in patio furniture. This year is different. After a record burst of sales in March, the showroom floor is almost empty of outdoor chairs, tables and chaises for people to buy.

Lumber prices are coming back down to Earth, but the crisis shows how many industries can be rocked by the price of wood.

The Manheim Used Vehicle Value Index is recognized by financial and economic analysts as the premier indicator of pricing trends in the used vehicle market.

Prices to ship containers from Asia to the U.S. and Europe are rising at a historic pace as cargo owners bid up rates in a search for ocean transportation capacity that shipping industry executives expect to remain tight for the rest of the year.

The motorhome maker is dealing with record-setting backlogs in towage and motorhome segments amid high demand.

The trend throughout the year has been for the market to surprise on the high side vs. the levels implied by supply, but the relentless drain on inventory is pointing to more sequential weakness before growth resumes later this year.

U.S. business costs, buffeted by a COVID-decimated year of “chaos” worldwide in 2020, fell 4% to $1.56 trillion. That amounted to 7.4% of Gross Domestic Product (GDP), nearly an all-time low, according to a new authoritative report on the logistics sector.

Roscoe Street stores face competition for workers, shortage of products even as shoppers come back after Covid-19 restrictions end.

Backed up ports and the Suez Canal fiasco are just surface problems. When things go wrong in this business, they go seriously wrong.

Sales and charters of boats of all sizes are up this summer. You can forget about bargaining, brokers say.

(Bloomberg) -- Lumber futures posted their biggest-ever weekly loss, extending a tumble from all-time highs reached last month as sawmills ramp up output and buyers hold off on purchases.Prices in Chicago fell 18% this week, the biggest decline for most-active futures in records going back to 1986. Lumber has has now dropped almost 40% from the record high reached on May 10.Sawmills appear to be catching up with the rampant homebuilding demand in North America that fueled a months-long rally, br

Prices were .06% higher in May than they were in April.