Granthshala shipping disruptions, from container shortages to shipping backlogs, have prompted retailers to warn consumers to start holiday shopping early.
“If you see it, grab it because it might not be available if you’re waiting,” said Teresa Johansson, owner of The Village Toy Shop.
The Port Moody toy retailer says it is doing its best to stay in stock, but there have been major delays in getting some products into its stores because of a supply chain crisis.
“Things that usually come in a couple of weeks, we’re now waiting a few months to get those products,” Johansson said.
Exacerbating the problem, factories related to the pandemic are closed. IKEA Canada says it is currently experiencing reduced availability in certain product categories, including kitchen and mattresses. To mitigate the impacts of the maritime transport issue, IKEA Canada says it is taking exceptional action globally and its own container and chartering space on ships to secure supply and meet customer demand. is buying.
Many small businessmen are also falling prey to this. Paul Dragon, owner of Vancouver-based Reckless Bike Stores, says that in March, he started running out of bikes and only now the product has started arriving. “Be prepared to wait,” said the dragon. “It could be months, it could be a year. We don’t know, our suppliers don’t know.”
If you want a bike in time for Christmas, Dragon recommends ordering now and making a deposit. “If you want a bike, come collect the money on the bike. A deposit takes you from probably to yes,” he said.
At the same time, consumers can expect to pay more for goods as the supply chain crisis continues. “Our suppliers are being charged more for containers. So, what used to cost US$2,500 to get that shipping container from Asia to North America is now $8,000 to $10,000 for the same container,” Dragon said.
This is one of the many reasons for the rise in consumer prices.
Vancouver-based Forerunners is seeing some brands of runners in short supply.
“What is going to come in August may come in November, may be in January. The sales rep doesn’t even know,” said owner Peter Butler.
Supply chain disruptions are driving up prices and consumers can expect to pay more for different products. “We’re going to see at least five to 10 percent inflation in footwear for some brands,” Butler said.
When might the supply chain crisis subside? “Some business owners are predicting well next year,” Butler said, “I think it will last until spring.”