Pepkor says coronavirus will likely lead to stock shortages
The group expects supply chain disruptions as a result of the coronavirus during its six months to end-September
11 March 2020 - 13:23
SA’s largest non-grocery retailer Pepkor expects temporary shortages of some products during its second half to end-September, due to the coronavirus outbreak resulting in factory closures in China.
The group — which has brands that include Pep, Ackermans, Incredible Connection and Timbercity — said on Wednesday that long lead times in sourcing stocks could allow its buying teams to respond, and is optimistic about customer service levels being largely maintained, despite interruptions to product availability...
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