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Jack Hough, Associate Editor of Barron, discusses supply chain shortages at ‘Barron Roundtable’
After months of drought and a shortage in the global supply chain, Costco and other retailers may be selling fewer Christmas trees this holiday season.
The American Christmas Tree Association told Fox Business that the shortage is affecting the entire industry.
Wholesale Costco location. Costco Wholesale is a multi-billion dollar global retailer I (iStock)
“Costco, and all retailers, will be affected by the reduction in the supply of trees this season,” ACTA said in a statement. “We anticipate that most retailers who typically sell both live and artificial trees will continue to do so, although they have a limited supply compared to previous years.”
ACTA said the reduction in supply can be attributed to extreme weather events in the Pacific Northwest and Midwest and supply chain congestion caused by the COVID-19 pandemic.
“These challenges are real. That said, the majority of American consumers will be able to find a Christmas tree this year,” ACTA said.
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The American Christmas Tree Association warned consumers last month to get their Christmas trees early.
“In 2021, we are seeing a variety of trends influencing the supply of artificial and living Christmas trees across the country, and we encourage consumers to find their trees early this year to avoid the effects of the shortage,” said the ACTA director Jami Warner in a statement.
Christmas trees outdoors at night (iStock)
Even fake Christmas trees face challenges due to global supply shortages caused by the economic recovery from the COVID-19 pandemic.
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“We hope that everyone who wants a Christmas tree finds their perfect three this year,” Warner said. “If I can give consumers any advice right now, it’s to find and buy your Christmas tree in advance.”
Costco could not be reached immediately for comment.
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