Stanley Black & Decker Nearing $1 Billion of Goods Stuck in Supply Chain Mess, CEO Says - NewsBreak

Stanley Black & Decker has seen a dramatic increase in the amount of products hung up across the clogged supply chain, CEO Jim Loree told CNBC on Thursday. The took maker has about $800 million of in-transit inventory, up from $300 million at the start of the Covid pandemic, he...