‘No need to panic’ on toy shortages
TOY retailers are warning of Christmas shortages and higher prices as the boss representing UK ports played down concerns about supply chains, saying there is “no need to panic”.
Asked about suggestions that people should be buying their Christmas presents now to avoid disappointment, UK Major Ports Group chief executive Tim Morris told the PA news agency: “Our view would be that there’s no need to panic.
“The global supply chains are very busy, but they’re pretty robust.
“There’ll be short term some fluctuations, but retailers, their suppliers, all the logistics companies that work in between the manufacturing and the sales side will be working really, really hard to keep supplies moving.
“We managed it successfully last Christmas and we’re confident that it will happen again this Christmas, and that’s what I’ve told my kids.”
But Robert Gliddon, owner of Gliddons Toy Shop in Sidmouth, Devon, urged consumers to “buy now” to avoid Christmas disappointment amid fears that ongoing supply chain problems will result in higher prices and empty shelves.
He said: “It’s not just shortages – you’ve got to face the reality of price rises, anything from 10% to 15% on anything from across the seas.”
He advised consumers: “If you see it, buy it, and be prepared to pay more before Christmas.”
Mr Gliddon said his shop is currently well stocked as a result of heavy ordering over the last two months in anticipation of supply issues in the run-up to Christmas, when demand is heaviest.
A spokesman for the British Toy & Hobby Association said: “Nobody wants to face shortages for things they need or are seeking but we are facing shortages in some form in various ways presently.
“The toy sector is not alone in facing huge global and local supply challenges at the current time.
“A combination of restricted transport options and availability and higher transportation costs face our sector like many others. We understand people are concerned about shortages and it is a concern we share – we expect continued disruption to delivery schedules in varying degrees over the coming months.
“Toy manufacturers are working around the clock to face down this unwelcome vortex of logistical challenges to try to ensure their toys arrive and provide the range of choice consumers seek each autumn/winter and that companies wish to provide.”
He added: “There are plenty of toys to choose from presently but, in common with other sectors’ advice, buying early – especially if buying for a Christmas or a birthday present – is prudent.”