Matalan hit with stock hold-ups from Red Sea attacks

Matalan
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Matalan is facing stock delays due to the attacks on container ships in the Red Sea.

Supplies of some of the retailer’s goods are being held up as ships are forced to reroute around South Africa’s Cape of Good Hope.

A Matalan spokesperson told Retail Week: “Like countless other businesses, we are being affected by the disruption in the Red Sea.

“We have put plans in place to minimise the impact on our customers and are monitoring the situation closely.”

The business declined to comment on which product categories had been affected and did not provide details of its plans implemented.


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Earlier this month, Next boss Lord Simon Wolfson warned that the Red Sea attacks were set to delay stock deliveries and hit its first quarter sales.

Poundland owner Pepco Group also recently warned that the ongoing disruption in the Red Sea could lead to supply issues in the coming months.

Pepco flagged that the situation was leading to “elevated spot freight rates and delays to container lead times”.

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Matalan hit with stock hold-ups from Red Sea attacks

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Matalan is facing stock delays due to the attacks on container ships in the Red Sea.

Supplies of some of the retailer’s goods are being held up as ships are forced to reroute around South Africa’s Cape of Good Hope.

A Matalan spokesperson told Retail Week: “Like countless other businesses, we are being affected by the disruption in the Red Sea.

“We have put plans in place to minimise the impact on our customers and are monitoring the situation closely.”

The business declined to comment on which product categories had been affected and did not provide details of its plans implemented.


Subscribe to Retail Gazette for free

Sign up here to get the latest news straight into your inbox each morning 


Earlier this month, Next boss Lord Simon Wolfson warned that the Red Sea attacks were set to delay stock deliveries and hit its first quarter sales.

Poundland owner Pepco Group also recently warned that the ongoing disruption in the Red Sea could lead to supply issues in the coming months.

Pepco flagged that the situation was leading to “elevated spot freight rates and delays to container lead times”.

Click here to sign up to Retail Gazette‘s free daily email newsletter

Home & DIYNews

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