Retail leaders: Supply chain will spike prices, cause product shortage

November 1 2021 by Retail Customer Experience Staff

Every retail leader polled in a First Insight survey expects supply chain disruptions to affect prices, promotions and sales, according to a press release.

The survey was conducted by First Insight and the Baker Retailing Center at the Wharton School of the University of Pennsylvania.

Fully 100% of the senior executives polled agree disruptions will mark the holiday shopping season, and nearly all (99%) agree supply chain issues will continue impacting the retail sector through 2022 and beyond, according to a press release.

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pricing  retail technologies  retail pricing  retail technology  holiday  promotional strategies  supply chain challenges  supply chain  Senior Retail Executives  Holiday Shopping  Holiday Season  supply chain disruption  inflation

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