Beth Dempsey, Author at International Housewares Association

What You Need to Know About the 2025-26 Shipping Season

As we sail into the new year, it's time to batten down the hatches and prepare for some potential choppy waters. Here's the latest on the looming port strikes and a rundown of what you need to know about the 2025-26 shipping season. Port Strikes: A Storm on the Horizon? Remember the port strike in October? Well, we might be facing another one soon. The current contract…

U.S. Retail Intelligence – December

November 27 – Nordstrom Q3 results top Street with strong results from off-price banner, digital By banner, Nordstrom Rack sales surged 10.6%, with comparable sales going up 3.9%. at Nordstrom Rack. At the Nordstrom banner, sales rose 1.3% and comp sales increased 4%. From: Chain Store Age November 26 – Best Buy Misses Street Estimates as Wary Consumers Await…

The Trump Tariff Strategy

The swearing-in of Donald Trump as the 47th President of the United States on Jan. 20, 2025, will alleviate the “tax uncertainty” that’s gripped businesses with the expiration of the 2017 Tax Cuts and Jobs Act (TCJA) at next year’s end. Trump’s inauguration and Republican control of Congress means the TCJA will be extended and some provisions made permanent perhaps by the end…

The 2024 Election and the Housewares Industry

The election of Donald Trump to a second, non-consecutive term as President of the United States will result in dramatic policy changes from Washington, DC, immediately after his swearing-in on Jan. 20, 2025. He will start by issuing executive orders reversing those from his predecessor, President Joe Biden. One of the first actions by President Trump will likely be a…

U.S. Retail Intelligence – November

October 31 – Big Lots Names Nexus Successful Bidder Amid Bankruptcy Proceedings In its bankruptcy proceeding, Big Lots has filed notice of a successful bidder for its assets, Gateway BL Acquisition, an affiliate of Nexus Capital Management. From: HomePage News October 31 – Starbucks’ New Strategy Includes Four-Minute Service, Cozier cafes, Simpler Menu On the…

Shipping Challenges in 2025

The year 2025 is shaping up to potentially be a wild ride in container shipping. From potential strikes to looming increased tariffs and Chinese New Year, there's a lot to keep an eye on. Let's break down the key challenges and see how they might impact your supply chains. East Coast Showdown: The ILA Contract Negotiations The International Longshoremen's Association (ILA)…

East Coast Strike: A Deeper Dive into the Standoff

The ongoing strike by dockworkers on the U.S. East Coast has brought maritime trade to a standstill, leaving many to wonder: why hasn't a resolution been reached? While it appears counterintuitive, several factors incentivize both the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) to prolong the strike. Why the Strike Drags…

Proposed De Minimis Imports Rule and the SHOP Safe Act

On Sept. 13, the Biden administration announced new actions to “crack down on de minimis shipments with unsafe, unfairly traded products.” Under current law, imported items are eligible for a de minimis exemption that allows shipments of foreign goods valued at $800 or less to avoid tariffs and undergo little to no inspection. Over the last 10 years, shipments entering the…

U.S. Retail Intelligence – October

September 30 – Adobe: Online Holiday Spending Prospects Look Bright The associated study indicated that mobile shopping should be a particular force powering spending velocity across the digital storescape, and that retailers that optimize for mobile will likely benefit the most. From: HomePage News September 30 – eBay Introduces Latest Class of ‘Up & Running’ Grant…