Wiley Zhang

Co-Founder & COO at Acquco
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Wiley Zhang is the Chief Operating Officer and Co-Founder of Acquco.

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  • Many retail stores won’t be able to restock on the merchandise once they sell out of an item they have and will risk staying out of stock on those items for much longer than usual. Supply-chain bottlenecks are largely to blame for this dynamic, he said. A lack of supply combined with high consumer demand is leading to product and labor shortages, and the overall increase in the price of raw materials is leading retailers to offset higher costs by reducing promotions and selling certain products at full price.

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