Small Businesses Struggle with Tariffs, Supply Chain Disruptions
Update: 2025-11-26
Description
Small businesses grapple with supply chain disruptions and tariffs this holiday season, forcing them to choose between high levies or expensive alternatives. Loftie, a sleep wellness brand, stuck with its Chinese manufacturer despite delays and shortages, while others like Lo and Sons sought new suppliers. RapidRatings reports that 36% of small retailers are at high risk of bankruptcy due to plunging operating margins. Businesses are cutting jobs and trimming product offerings, with Haus of Brilliance shifting production to Thailand and the U.S. to offset tariffs. The holiday season is expected to be challenging for many small businesses.
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