The Port of Liverpool, owner of Liverpool and Suburbia, declared that it has sufficient stock until the end of the year season, however, company executives project that there will be fewer products, such as Nike or Adidas, due to the fact that clothing brands Sports has faced some problems due to closures in China and Vietnam, which will affect inventory between 30 and 40%.
In addition to logistics, Federico Bernaldo de Quiros, director of Grupo Gigante, which has Office Depot and Radioshack among its brands, foresees that the supply of computer equipment will also be affected due to the lack of chips, which has also generated a problem to industries such as automotive or household appliances. But he warns that it will be a good end of the year for his retailers.
“I am optimistic about this quarter, October is already a better month than expected. There is also a better mood from consumers. However, there are certain clouds with the situation of the ports, the blockage in railroad tracks and the cost of containers that has skyrocketed, ”he said during his participation in Retail Day Latin America 2021, organized by Deloitte.
Miniso, which imports its products from China, has also faced closures in the Asian country since the beginning of the pandemic, although its inventories in Mexico allow it to cover the demand for the products, while maneuvering to avoid an additional cost for consumers. due to the increase in the cost of the containers.
“The logistics people have done magic. There are many situations, but we have managed to cope and when shipments are delayed we have been able to have inventory to cover the stores. But what has happened is that logistics and transfers have become more expensive and we have tried not to translate that into price increases. And we’ve done it quite well, because we’ve been able to absorb it to a great extent, ”said Arturo Tishman, Miniso’s commercial vice president.