A survey of 5,728 global consumers was conducted by Oracle Retail. The study reveals consumer concerns about supply delays for Christmas.
To prevent this hiccup, 52% of U.S. shoppers surveyed are starting gift buying earlier than usual.
This anticipation is a bad omen for Black Friday or Amazon Prime Day, with only 37% of respondents expecting to take advantage of these promotional offers. The German giant’s C.E.O., Puma, confirms customers’ concerns, saying, “The fourth quarter will be the one where supply will be our biggest problem.” Against this backdrop, some brands such as Hershey’s (chocolates) and Kimberly-Clark...
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