Currys confident in supply chain

Currys, Britain’s biggest electricals retailer, is well stocked despite supply chain disruption and confident it will enjoy a strong Black Friday and Christmas trading period, its boss said on Thursday.

British retailers are grappling with delays in their international supply chains that are being compounded by labour shortages in the UK transport and warehousing networks.

Alex Baldock, CEO of Currys, which was previously called Dixons Carphone, said the firm had worked hard to mitigate the risks and as UK market leader had an advantage with suppliers, such as Samsung Electronics, Hewlett Packard and Arcelik, in having first call on scarce stock.

“It’s been incredibly hard work but we’re in quite good shape. We’ve got more stock in the business now than we had last year and we’re confident that we’re going to have a strong peak trading period,” he told reporters at Currys’ Staples Corner store in north west London, where he hosted a Capital Markets Day.

“Are we going to have every item in every sub-category that we would ideally like in every store, probably not,” he said.

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