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6/21/2022, 6:58 PM (Source: TeleTrader)
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Target CEO: Supply chains not getting better

The Target Corporation CEO Brian Cornell warned on Tuesday about the situation of the global supply chains, stressing that they are not getting better.

During an event at the Economic Club of New York, Cornell reiterated that he sees a solid second half of 2022, despite seeing a "tremendous amount of uncertainty in consumers."

Cornell also mentioned that the fuel prices would be high, at least for the foreseeable future, and that the United States can not afford labor disruption at its ports.

Baha Breaking News (BBN) / JG