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U.S. Ports Still Experiencing High Volume

U.S. Ports Still Experiencing High Volume

by Lindsey Thompson | Jun 9, 2022 | Industry News, Operational Insights

According to the most recent Global Port Tracker report, released by the National Retail Federation (NRF) and Hackett Associates, major retail container ports are expected to see near-record volume during June, hindering retailers’ attempts to meet still-high...
How DIYers Are Handling Product Shortages

How DIYers Are Handling Product Shortages

by Lindsey Thompson | Mar 24, 2022 | Industry News, Operational Insights, Trends & Products

The Home Improvement Research Institute (HIRI) recently partnered with The Farnsworth Group to track sentiments among homeowners in the midst of continuing supply chain issues, increasing prices and product shortages.  The survey included homeowners who choose to...
U.S. Inflation Continues to Soar

U.S. Inflation Continues to Soar

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...
Growth at Retail Ports to Slow During First Half of 2022

Growth at Retail Ports to Slow During First Half of 2022

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...
Inflation, Price Gains and Retail Sales All Jump in October 

Inflation, Price Gains and Retail Sales All Jump in October 

by Lindsey Thompson | Nov 16, 2021 | Industry News, Operational Insights

The month of October saw a jump in three leading consumer metrics—inflation, price gains and overall retail sales. According to the U.S. Labor Department Consumer Price Index for All Urban Consumers, inflation increased 0.9 percent in October, following a modest...
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