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StockWatch: Shortages Hit Nike & Costco!

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US sportswear giant Nike and US retail giant Costco both say they are facing product shortages and delays due to global supply chain problems.

Nike said production and delivery of its merchandise would be impacted until next spring, as it struggles with shipping issues and a worker shortage in Asia.

Costco said it was reinstating limits on purchases of key items.

Is this a sign of things to come for all major US companies?

Timestamps:

  • NKE 02:00
  • COST 03:25

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