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Caleres Anticipates Supply Chain Delays Could Cost $30M in Q3

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

Caleres proved no exception to the disruptions rocking supply chains throughout the industry. According to chairman and CEO Diane Sullivan, these headwinds resulted in approximately 28 percent less inventory across the company in the second quarter compared to two years ago. Looking ahead, she said the company anticipates continued supply chain and logistics challenges, including…

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