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The Suez Canal blockage: An accident with lasting ramifications

Retail Sector discusses the immediate and potential impacts of the Suez Canal blockage on retailers both large and small, forecasting potential outcomes on global supply chain strategies

Some six days the Ever Given spent blocking the Suez Canal before it was refloated on 29 March, with the Suez Canal Authority (SCA) claiming that the global shipping route was once again โ€œoperating in full capacityโ€ on 31 March. However, the fallout and impacts of the week-long incident on retailers across the world have only just been set in motion.

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