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26.11 - 16:37
AO World warns of product shortages as Black Friday nears
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Electricals retailer AO World has warned of shortages of products and delivery drivers before Christmas, as coronavirus disruption pushed one of the pandemic winners into a £10m loss between April and September.
Issuing its second profit warning in two months, the online retailer said shortages have been particularly acute in electronics such as Apple’s iPhone and games consoles including Sony’s PlayStation and Microsoft’s Xbox.
AO World, which started selling mainly white goods such as washing machines, said that it is experiencing “meaningful supply chain challenges with poor availability in certain categories, particularly in our newer products where we have less scale, experience and leverage”, before popular shopping periods including
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