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Chicago SMEs Address Supply Chain Issues, The Economic Impact of COVID | Chicago News

Some small business owners say they hope the holiday season will bring significant revenue growth as small and medium-sized retailers face supply chain problems and have been pandemic for over a year and a half. increase. (WTTW News)

The holiday shopping season is underway — and the National Retail Federation says sales are going well in the United States. It exceeds the expenditure record.

It will be a pandemic for over a year and a half. Also, some small businesses want big and small retailers to face supply chain problems and inflation, and hope this season will provide the boost they need for their businesses.

WTTW News talked to three small business owners in the Chicago area to see how they’re spending this holiday season.

SekouTafari is the owner of Frontline books and crafts, Hyde Park, Woodlawn, Evanston. Due to the pandemic, Mr. Tafari said that few people are on the street, that is, few customers are shopping at their stores.

Sekou Tafari is the owner of Frontline Books and Crafts, with stores in Hydepark, Woodlawn and Evanston. (WTTW News)Sekou Tafari is the owner of Frontline Books and Crafts, with stores in Hydepark, Woodlawn and Evanston. (WTTW News)

This fall, the location of Hyde Park faced the following possibilities: Must be closed..Tafari says the business is “sneaking up” [this crisis].. The community is backing Frontline and hopes that the holiday season will bring more business.

“We have ups and downs. But at Christmas time, and in Kwanzaa, especially at the Hyde Park store, we want a larger customer base to come in. People come in and spend a little more money. I’m looking forward to it, but the pandemic has influenced us, “Tafari said.

Frontline also publishes books, and supply chain issues have delayed the time it takes to publish, Taffari said.

Pilsen pet clothing stores are also facing supply chain problems.

Owned by Cynthia Soto Pochapet boutique, Pilsen’s pet clothing and accessories store opened in May 2020. Soto was involved in early childhood development, which was not stable at the time. She wanted to find another way to support her.Boutique items are made by Benny Tomoda MXA brand launched by her best friend Jessamine Gonzalez Carasco in Guadalajara, Mexico.

Cynthia Soto owns Pocha Pets Boutique, a pet clothing and accessories store in Pilsen, which opened in May 2020. (WTTW News)Cynthia Soto owns Pocha Pets Boutique, a pet clothing and accessories store in Pilsen, which opened in May 2020. (WTTW News)

Supply chain issues are even more important in Mexico, Soto said.

“There are items that have to be discontinued because the dough isn’t made anymore … it’s really difficult because some people want more of the same item, and we can’t make it anymore,” Soto said. Said.

According to Mr. Soto, the business has been steadily expanding since the store opened. Many people spend more time with their pets at home, so Mr. Gaito says he was able to increase sales.

But the holiday season is late. She says many customers are looking to big box stores for holiday shopping. With new items and projects, Soto hopes she can bring more business.

“When shopping for someone, I think small purchases are really compassionate because they are handmade and unique,” ​​Soto said.

But there was no slowdown in Lincoln Square Timeless toys..

The holiday season from Thanksgiving to Christmas is the busiest time of Timeless Toys. (WTTW News)The holiday season from Thanksgiving to Christmas is the busiest time of Timeless Toys. (WTTW News)

The holiday season from Thanksgiving to Christmas is the busiest time of Timeless Toys. According to owner Scott Friedland, this accounts for one-third of the business’s sales.

“I had a lot of early shopping this year, so the number of Octobers and Novembers was higher than usual. It’s December, but it’s tending to be a little slower, but it’s starting to recover as we get closer to Christmas. “We do,” said Friedland.

This year, Friedland says more customers are shopping in stores compared to last year, when online sales increased significantly. To stay ahead of supply chain issues, Friedland ordered holiday toys in May.

“We are experiencing some shortages. When the product is launched now, it will be launched. It cannot be reordered like in the normal season, but it is in stock enough for our customers. “Friedland said.

Note: This story will be updated with a video.


Chicago SMEs Address Supply Chain Issues, The Economic Impact of COVID | Chicago News

Source link Chicago SMEs Address Supply Chain Issues, The Economic Impact of COVID | Chicago News

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