Even Bigger Supply Problems in German Retail
Supply problems have once again worsened significantly for German retail. In December, 81.6 percent of retailers complained that they will not receive all the goods they ordered. In November, the figure was 77.8 percent. This is the finding of an ifo Institute survey. “German retail is in a double bind,” says Klaus Wohlrabe, Head of Surveys at ifo. “Retailers can’t offer all products, and customers are reluctant to shop in the face of high coronavirus numbers.”
The situation is particularly fraught for retailers of electronic household appliances and consumer electronics, where almost all are struggling with supply problems. DIY stores are in a similar position. The situation in the toy retail business has eased somewhat. Nevertheless, 77 percent continue to report delivery shortfalls.
