Supplies of toys and electronics for Christmas could be hit by a no-deal Brexit, the boss of Sainsbury’s has warned as he revealed another set of disappointing sales figures.
Mike Coupe, the chief executive of the supermarket group, which also owns Argos, the UK’s biggest toy retailer, said the Brexit deadline of 31 October was “not far off the worst day possible” for retailers, who would find it difficult to stockpile goods because warehouses would already be packed ready for Christmas.
Supplies of toys and electronics for Christmas could be hit by a no-deal Brexit, the boss of Sainsbury’s has warned as he revealed another set of disappointing sales figures.
Mike Coupe, the chief executive of the supermarket group, which also owns Argos, the UK’s biggest toy retailer, said the Brexit deadline of 31 October was “not far off the worst day possible” for retailers, who would find it difficult to stockpile goods because warehouses would already be packed ready for Christmas.
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