U.S. Retail Intelligence – September
August 30 – Food Lion Feeds Helps Nourish College StudentsThe Sack to Give Back program also kicks off in September to align with Hunger Action Month, a time when Food Lion Feeds supports its relationship with Feeding America. From: Drug Store News August 30 – Burlington Optimistic About Second Half After Strong Q2Comparable sales […]
Supply Chain Update: A Closer Look at Containerized Ocean Freight and Its Impact on the Housewares Industry
Supply Chain Update: A Closer Look at Containerized Ocean Freight and Its Impact on the Housewares Industry The global supply chain remains a complex and ever-changing landscape. As we navigate these fluctuating waters, staying informed about key developments in containerized ocean freight is crucial to making informed decisions and maintaining efficient operations. Regulatory Landscape: Recent […]
Copy of U.S. Retail Intelligence – August
July 30 – Beyond ‘remains in the red’ as it prepares to relaunch Zulily The company said it hit its Q2 revenue target and improved its bottom line, but sales are in decline. From: Retail Dive July 29 – Qurate Names Former Off 5th Exec Sirhal Chief Merchant for QVC Qurate Retail Group has […]
Supreme Court Decisions Curtail Agencies’ Reach
Supreme Court Decisions Curtail Agencies’ Reach Three summer 2024 decisions from the Supreme Court of the United States (SCOTUS) will have a major impact on administrative law. SCOTUS repealed Chevron deference in Loper Bright v. Raimondo; extended the statute of limitations to challenge a rule in Corner Post v. Board of Governors; and limited agencies’ administrative […]
U.S. Retail Intelligence – July
June 28 – Off-Price Retailer Bealls Names Less Senior Marketing VP Less leads brand marketing, e-commerce and guest strategy including supervising Bealls loyalty programs. From: HomePage News June 28 – Jim Pattison Group Acquires Save Mart Modesto, Calif.-based Save Mart, a Kingswood Capital Management LP portfolio company, has almost 200 Save Mart, Lucky and FoodMaxx stores in […]
Pregnant Workers Fairness Act
Pregnant Workers Fairness Act With so many new employee-relations regulations now being issued by the U.S. Dept. of Labor, Occupational Safety and Health Administration, National Labor Relations Board, and even the Federal Trade Commission (i.e., the non-competes ban), it would be easy to overlook important new regulations from the Equal Employment Opportunity Commission (EEOC) that […]
Why Shipping Rates Are Soaring (and When Relief Might Come)
Why Shipping Rates Are Soaring (and When Relief Might Come) If you thought the days of skyrocketing ocean shipping rates were behind us, think again. Just when shippers hoped for a post-pandemic reprieve, a perfect storm of factors once again pushed prices upwards. Here’s the lowdown on what’s happening and what to expect: Capacity Crunch: […]
Shipping and Tariff Developments
Shipping and Tariff Developments On Feb. 26, 2024, the Federal Maritime Commission (FMC) published the final rule “Demurrage and Detention Billing Requirements.” Most of the rule went into effect on May 28 and the catalyst was the Ocean Shipping Reform Act (OSRA) of 2022, which IHA lobbied for to authorize regulations making demurrage and detention […]
Shippers Faced with High Freight Rates and Strong Demand
Shippers Faced with HighFreight Rates and Strong Demand The Asia to U.S. market is experiencing a heavy surge in demand. The surge has caused freight rates to increase substantially over the last month. This has been costly for shippers that rely on the spot market to move their cargo. Shippers can expect spot rates to […]
2024-25 Ocean Contracts Finalized
2024-25 Ocean Contracts Finalized Service contracts covering containers moving between Asia and the United States have been finalized. It was initially thought that the new service contract rates would remain unchanged or receive slight decreases in some cases. The steady increase in container volume from Asia during the first quarter of 2024 has allowed the […]
