Grocers Sound Brexit Alarm as U.K. Warns of Food Shortages
- Morrison, Co-op and John Lewis say Brexit could hurt business
- Shoppers may face less choice and more expensive products
Photographer: Justin Tallis/AFP via Getty Images
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U.K. supermarkets issued their starkest warnings yet about Brexit, saying it’s weighing on consumer confidence, splitting communities and threatening to leave holiday dining tables short of fresh food.
The Oct. 31 date for Britain leaving the European Union comes at the most crucial time for the industry in the run-up to Black Friday and Christmas, and the prospect of a no-deal scenario is worsening the outlook, according to John Lewis Partnership Plc, the owner of high-end grocer Waitrose.