Shoppers expected to spend $4.2 tln online in 2021, squeezing supply chains


FILE PHOTO: A worker sorts delivery packages in a van outside an Amazon facility in Ahmedabad, India, March 17, 2021. Picture taken March 17, 2021. REUTERS/Amit Dave

CHICAGO (Reuters) - Global shoppers are expected to spend 20% more online in 2021 than they did last year, according to an Adobe report released on Tuesday, likely adding pressure to supply chains as they struggle to keep up with a surge in demand.

Major retailers and vendors - from Home Depot to Peloton - are under pressure from high transportation and storage costs for expensive-to-ship items like appliances, furniture and exercise equipment that are in high demand.

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