A stranded container ship blocking the Suez Canal threatens to make it even more difficult for European and U.S. retailers to keep products in stock during the coronavirus pandemic.
The Suez Canal saga that began on Tuesday and could go on for weeks, is just the latest crisis to strike the global supply chain that was upended when coronavirus shutdowns spurred house-bound consumers to upgrade appliances, sofas, televisions and backyards.
IKEA, the world’s largest furniture seller, and London-based electronics seller Dixons Carphone are among the retailers with goods on the stranded vessel, both companies told Reuters.
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