by Lindsey Thompson | Apr 18, 2022 | Industry News, Operational Insights
The U.S. Bureau of Labor Statistics reported another jump in inflation in March, up 1.2 percent after a 0.8 percent increase in February. Inflation has risen 8.5 percent over the last 12 months, the largest 12-month increase since December 1981. For all items less...
by Lindsey Thompson | Mar 21, 2022 | Industry News, Operational Insights
The National Retail Federation (NRF) released its annual forecast, predicting a 6 to 8 percent growth in U.S. retail sales to more than $4.86 trillion in 2022. Nonstore and online sales year-over-year, which are included in the total figure, are expected to grow...
by Lindsey Thompson | Mar 14, 2022 | Industry News, Operational Insights
Last week, the U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers jumped 0.8 percent in February after an increase of 0.6 percent in January. The inflation rate over the last 12 months stands at 7.9 percent, up from 7.5...
by Lindsey Thompson | Feb 14, 2022 | Industry News, Operational Insights
According to the monthly Global Port Tracker report, imports at the nation’s congested container ports are expected to slow during the first half of 2022. The report, released by the National Retail Federation (NRF) and Hackett Associates, found that even with the...
by Lindsey Thompson | Jan 24, 2022 | Industry News
The National Retail Federation (NRF) held its annual Retail’s Big Show event last week in-person at the Jacob Javits Convention Center in New York City. In 2021, the conference took place virtually. This yearly conference and expo bring together the retail industry...
