The logistics challenges of the past two years look likely to have forced the doors of yet another retailer to close.
Made.com, a UK digital furniture retailer, appears to have succumbed to “freight inflationary pressures” and looks set to close, despite a £775m ($896m) IPO just last year.
According to the FT, Covid-related supply chain snafus hit Made’s just-in-time business model, which relied on it not holding inventory.
But it was forced to …
The post Supply chain and inflation issues look set to shut the door on Made.com appeared first on The Loadstar.