More than half of UK retailers are already grappling supply chain disruption in the wake of coronavirus, new research has revealed.
Data from Retail Economics and law firm Squire Patton Boggs showed 52% of retailers had experienced delays in their supply chains as a direct result of the virus, which has caused chaos at warehouses across China.
A quarter of retailers, including grocers, fashion operators, and health and beauty specialists, said the delays were “a significant issue” for their businesses, while 28% admitted they had suffered supply chain delays but insisted they “can manage the disruption”.
However, only 7% of retailers surveyed said they had flexible enough supply chains to allow them to switch suppliers away from China.
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