Report -- Supply Chain Crunch: 'There Will Definitely Be Weeping Children This Holiday Season'

Report — Supply Chain Crunch: 'There Will Definitely Be Weeping Children This Holiday Season'


Jammed supply chains are already beginning to threaten the possibility that holiday shoppers will fulfill their wishlist, financial experts say.

Co-head of AlixPartners’ retail consulting practice, Joel Bines, told the Financial Times that retailers will have difficulty securing the “most in-demand” items this year for consumers to purchase for their families at Christmas.

“There will definitely be weeping children this holiday season,” Bines said. “Black Friday doesn’t exist; the holiday season doesn’t exist, not as it used to,” he explained about the change in supply chains that has forced stores to expand the holiday season. “It’s essentially October 1 to January 15.”

Savita Subramanian of Merrill Lynch Japan Equity and Quantitative Strategy Responsibility told Reuters the holiday shortage is related to the coronavirus. “COVID-related supply chain problems

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