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Shanghai Struggle Hobbles Havertys

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Furniture retailer Haverty Furniture Companies reported a modest 1 percent increase in sales for the first quarter of 2022, which ended March 31, to $238.9 million, up from $236.5 million during Q1 2021. Comparable store sales for the quarter increased by just 0.2 percent, while total written sales for the first quarter dropped 8.8 percent…

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