Williams-Sonoma’s sourcing shift from China hits snags

The pandemic has supercharged efforts to diversify suppliers and maintain supply chain resilience. Amid a private and federal push to domesticate supply chains, a record 261,000 jobs were added in the US as a result of reshoring or foreign direct investment according to the Reshoring Initiative. Meanwhile, optimism about the future business outlook in China dropped to a record low, driven by the country’s COVID-19 control measures, according to the US-China Business Council.