Supply Chain Problems are causing Small Retailers to Gamble on Hoarding

Megan Searfoss collects sneakers in Connecticut. Owning two stores in Darien and Ridgefield, Conn., Ms. Searfoss would normally have around 3,000 pairs of shoes in stock before the holiday season. But watching supply chain concerns rise in Vietnam this summer and fall, it built a new storage facility and now carries around 4,100 pairs. It’s …

Snapchat says Apple’s privacy changes are hurting and causing its ad business

Snap, the parent company of social media app Snapchat, said on Thursday that its most recent quarter revenue was $1,067 billion, up 57 percent from the same period last year. But the results fell below Snap’s $3 million guidance for the quarter, and the social media company’s shares fell more than 20 percent in after-hours …