News / Retailers sinking deeper as supply chain problems and cost challenges bite

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Retailers are struggling to cope with the impact of the pandemic on their business – woes mirrored in their supply chains, which show serious deficiencies on multiple fronts.

But the overall pressure they are under affects their ability to overcome these challenges.

In a study published recently by LogiSource in partnership with Coresight Research, 88% of retail executives surveyed reported that the Covid-19 pandemic had at least a moderately negative impact on their profitability.

Half of the respondents said the impact was very ...