The US supply chain delays have reached critical mass. The delays have reached a point where some shippers haven given up hope that their product will be available for the holiday season. This will be especially devastating to small shippers that rely heavily on holiday sales to survive. Three months ago, the big obstacle was finding space on container ships. While space is…
CONTINUE READINGArchives for October 2021
Global Retail Intelligence – October
October 26 – Ikea Acquires Real Estate in London With plans to open a large store on London’s Oxford Street in fall of 2023, Ikea acquired a building previously occupied by Topshop. The 22,000 square meter building was bought for GBP 378 million. From Retail Detail October 26 – Amazon India Announces New Store and Pays Cashback Ahead of the holiday season of Dhanteras,…
CONTINUE READINGU.S.Retail Intelligence – September
September 30 – IHA Announces Global Honorees for gia Top Window AwardThe Inspired Home Show and the International Housewares Association (IHA), the global sponsors and organizers of the IHA Global Innovation Awards (gia) program announced the Global Honorees for the gia Top Window Awards during the Connect FALL “Winning Visual Clicks/gia Top Window Award” presentation by gia…
CONTINUE READINGInfrastructure and “Human Infrastructure” Legislation and Taxes
On August 10, the U.S. Senate passed the Infrastructure Investment and Jobs Act, H.R. 3684, by a 69-30 vote. This is the bipartisan infrastructure framework (or BIF) that would spend $1.2 trillion over ten years on what’s generally considered to be infrastructure, using a combination of $550 billion in new spending and spending offsets including repurposing $200 billion of…
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