Lowe’s Says Inventory in Better Position in Months Amid Supply-Chain Snafu

Lowe’s Says Inventory in Better Position in Months Amid Supply-Chain Snafu
Shoppers load a box of merchandise into a truck after visiting a Lowe's hardware store in Philadelphia, Pa., on Nov. 4, 2020. Mark Makela/Reuters
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Lowe’s Cos Inc. said on Thursday it was bringing holiday products into its stores and warehouses earlier than originally planned, as supply chain bottlenecks threaten to leave U.S. stores with empty shelves during the holiday season.

U.S. retailers have been scrambling to stock their racks and have enough inventory to ensure key items are not out of stock during the crucial holiday period, as COVID-19-led factory closures in Vietnam and port congestion have put a dent in their supply chain.