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Retailers estimate $7.5 billion in losses from supply chain disruptions

Posted On: Nov. 22, 2021 9:56 AM CST

 

A survey by U.S-based Coupa Software Inc. said that U.K. retailers expect total losses of £5.6 billion ($7.55 billion) due to the ongoing supply chain issues, City AM reported. Nearly three in four U.K. retailers expect the ongoing supply chain problems, including a shortage of truck drivers, to have an adverse impact on their Christmas revenue.