A shortage of HGV drivers, increased Brexit red tape, not enough warehouse staff, high freight costs and a shortage of food-grade CO2. It feels that, from week to week, the supply chain issues facing UK retail have only piled up further, posing big questions for the industry.
AO.com became the latest retailer to highlight the impact of this blizzard of issues today, warning on its full-year profits as a result.
The white-goods etailer said its UK sales in the six months to September 30 had been hampered by “the nationwide shortage of delivery drivers and ongoing disruption in the global supply chain”.
Much of the focus – both from the media and politicians – has been on how these issues are affecting food availability heading towards the end of the year. Only last Friday, the British Retail Consortium (BRC) warned the government that there were just “10 days to save Christmas” for the retail industry.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.