Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Target, Best Buy could be hit by supply-chain disruptions because of coronavirus


February 13, 2020

A doctor takes a swab from a woman to test for the COVID-19 virus at a fever clinic in Yinan county in eastern China's Shandong province on Wednesday.

Target Corp. and Best Buy Co. Inc. could be among the first U.S. companies to take a direct hit from the corona­virus outbreak as concerns grow about disruptions to supply chain networks in China.

Although existing inventories are strong at most of the nation's big-box retailers, analysts from Wells Fargo warn that shoppers could start seeing empty store shelves as early as mid-April.


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