U.S. Retail Intelligence – February
January 31 – Dollar General President/CFO Plans to Retire in June John Garratt, president and CFO at Dollar General Corp., has announced his intent to retire, effective June 2. From: Progressive Grocer January 30 – Tops Completes $1.4M Remodel in New York In December, Tops unveiled a $1.8 million store renovation in Canandaigua, N.Y. Last fall, the […]
Asia to U.S. Contract Negotiations Begin
Shippers have begun the annual ritual better known as contract negotiations. There is one major difference in this year’s negotiations compared to the last two years. Shippers head into the negotiations with the leverage. The current Asia to U.S. market is weak. That point cannot be disputed. Spot rates have plummeted and plenty of space […]
IHA Submits Comments to USTR Tariff Review
As required by the Trade Act of 1974, the U.S. Trade Representative (USTR) must conduct a “necessity review” of the Section 301 tariffs on some $350 billion of products from China (Lists 1, 2, 3 and 4a) or the tariffs automatically sunset after four years. However, the Trade Act is somewhat vague on how a […]