Retail News

China and Europe floods will hit product supplies for Christmas season

CNBC 08/03/2021

Massive flooding this summer in China’s Henan province and in Western Europe have damaged factories and rail lines that transport the goods they produce. The net result, according to supply chain experts, will be that shipping delays and out-of-stocks are on the horizon. “Consumer electronics, dorm room furniture, clothing and appliances will all continue to be in short supply as back-to-school shopping starts up, and will trickle into the peak holiday shopping season,” said Pawan Joshi, executive vice president of E2open.

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