Toy makers: There’s going to be a major shortage this holiday season – By Susan Tompor (Detroit Free Press) / Sept 12 2021
Store shelves during the holiday shopping season — and yes, we’re talking about Hanukkah and Christmas just days after Labor Day — could prove to be merry but ever so tight.
An inventory squeeze could frustrate shoppers, as 82% of retail executives surveyed are somewhat or very concerned about inventory shortages, according to a new survey by KPMG.
And 55% surveyed plan to set up alternate suppliers.
“I can’t remember a time when the concern about inventory was that significant,” said Scott Rankin, national advisory leader for the consumer and retail team for the KPMG US Advisory practice in Boston.
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