Retail

Shipping crisis strikes Black Friday shopping amid Europe, China floods

0


TOPSHOT – Aerial view shows an area completely destroyed by the floods in the Blessem district of Erftstadt, western Germany, on July 16, 2021.

SEBASTIEN BOZON | AFP | Getty Images

The 2021 holiday shopping season could be marred by out-of-stock goods and shipping delays as the recent floods in Europe and China exacerbate already strained global supply chains.

Western Europe and China’s Henan province — a key transport hub and home to several major businesses — are grappling with the aftermath of devastating floods.

The disasters have damaged railways used for the delivery of goods and raw materials in both regions. Water rushed into industrial areas extensively damaging facilities,…



Source cnbc.com

0 0 votes
Article Rating

Simon says sales at malls back to pre-pandemic levels in June

Previous article

McDonald’s, Target and Kohl’s to enforce masks for store workers in high-risk areas

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Retail