Shifting Consumer Behavior and Trends in Housewares Categories and Ecommerce in India Santanu Debroy, senior manager, BD and AM, Other Hardlines, Amazon India Marketplace and Sidram Kaudaki, international brand partnerships /business development manager, International Sourcing, Amazon India Marketplace Speaking from Bangalore, Santaru Debroy and Sidram Kaudaki addressed…
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Key Retailer Update: Canadian Tire Corporation
Douglas Young, vice president, Merchandising—Living Division, Canadian Tire Retail Canadian Tire Corporation (CTC), founded in 1922, has grown to more than 1,700 retail and gasoline outlets with tens of thousands of employees across Canada. CTC aims to grow its business to provide Canadians with everything they need for life. Recent acquisitions include the 2018 purchase of…
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Market Opportunities in Taiwan and Australia
IHA Offices and Representatives IHA brought insights from around the world to Global Forum attendees with short presentations by its offices in varied regions to close the day’s programming. Top Five Trends Monica Lee, IHA Representative – Taiwan “Glamping” is the newest vacation trend in Taiwan. With the COVID-19 pandemic restricting international travel, families…
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Federal Maritime Commission Addresses Eastbound Transpacific Market
The Federal Maritime Commission (FMC) has finally weighed in on the eastbound transpacific market. Shippers have been complaining for months that carriers have been routinely canceling sailings so demand will outweigh supply which ultimately drives up freight rates. The cost to ship a container from China to the port of Los Angeles in May was $1700. To ship that same container…
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“COVID 4” Relief Bill Still in the Works
Over the past few months, a “COVID 4” relief bill has been inching towards a compromise between the U.S. House and Senate, with the difference in cost coming down to about $1 trillion. To recap, House Democrats passed their COVID 4 bill, the $3.4 trillion HEROES Act (H.R. 6800), on May 15, but it wasn’t taken up by Senate Republicans who were concerned about the bill’s…
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Latin American Market Update
Patricia Barreiro, GMM, Home Décor and Garden, Sodimac Sodimac, founded in 1952, has stores in seven countries: Argentina, Brazil, Chile, Colombia, Mexico, Peru, Uruguay. It has been on a steep growth track since 2012, when the company served a market of 137 million residents with 134 locations for sales of nearly US$46 billion. In 2020, Sodimac has served about 480 million…
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Latin American Market Update
Juan Francisco Espana, EPA Director EPA is a home center chain that operates in four countries: Costa Rica, El Salvador, Guatemala and Venezuela. Founded in 1992, EPA has more than 3,000 employees working at its 27 stores, whose average size is 7,000 sq. ft. Speaking from San Jose, Costa Rica, Juan Francisco Espana summarized operations in each country: store…
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Spain Market Update
Gabriel Solar, Founder, Yestis Speaking from Barcelona, Gabriel Solar, whose company represents major international brands in Spain, prefaced his remarks on the Spanish market by addressing current conditions. Before Covid-19, Spanish consumers purchased mid-range products, but the pandemic conditions caused households to reduce purchasing and shift toward lower-priced…
CONTINUE READINGMarket Opportunities in Europe: Top Five Trends in UK, Spain, France, Italy, Germany IHA Offices and Representatives
IHA brought insights from around the world to Global Forum attendees with short presentations by its offices in varied regions to close each morning and afternoon session. Mark Chapman, IHA UK Office Online Retail: The online retail space in the UK continues to diversify, even in the shadow of Amazon. There are many new, independent online retailers finding their niche in…
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