Retailers are currently having even greater difficulties ordering goods than they did in November. According to the Leibniz Institute for Economic Research (Ifo), almost all retailers are struggling with delivery problems, and consumer electronics in particular are affected.
The delivery problems in German retail worsened again before Christmas. In the monthly company survey by the Munich-based Ifo Institute, 81.6 percent now complain that the goods ordered were not delivered. That’s more than four out of five retailers. In November it was less than eighty percent.
In December, six of the nine specialist retail branches surveyed complained about ninety percent and more of missing deliveries, as the economic research institute announced.
Double the burden on retail
Specifically, this applies to household appliances, consumer electronics, hardware stores, bicycles, furniture and the car trade. Survey leader Klaus Wohlrabe spoke of a double burden on the retail sector. “Retailers cannot offer all products. And in view of the high incidences, customers are reluctant to shop.”
The retail survey with a four-digit number of participating companies is part of the monthly Ifo business survey in the German economy.
Source: com! professional by www.com-magazin.de.
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