Dealz discount retailer says Red Sea disruption limited for time being

Many shipping firms have already re-routed away from the Red Sea and the Suez Canal, the fastest route from Asian factories to Europe.

Dealz parent group says it will need 'a Plan B' if disruption via Suez Canal were to drag on

The Dealz and Poundland owner Pepco can shelter customers from the disruptions to supply and costs caused by Iran-backed Yemeni Houthi militants in the Red Sea provided they do not drag on, its executive chairman has said. 

"I don't think the experience for customers, in our stores at least, will be massively operationally disrupted," Andy Bond said in an interview after the group updated on Christmas trading.