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Penney's Owner Issues Supply Shortgage Warning Over Covid-19.

: 02/24/2020 - 10:47

The owner of Penneys has warned it could see supply shortages later this year due to the coronavirus.

Associated British Foods says it sources a broad range of products from China, and is working with suppliers to assess any impact on factories.

But it warns that any prolonged delays to production will increase the risk of supply shortages.

It's looking at stepping up in production in other regions as a result.

Stock image: Pixabay

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