The housewares industry realized a victory when the Universal Postal Union (UPU) agreed in September to revise international shipping rates to not discriminate against U.S. shippers. Founded in 1875, the UPU sets postal rates among its member countries and had a formula where it cost about $20 to mail a small parcel in the U.S., but about $5 from China to the U.S. The…
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Global Retail Intelligence – October
October 22 – Alibaba Aims to Break Records with 11.11 Shopping Festival Alibaba plans to top 2018’s $30bn sales by offering over one million new products to their 500 million registered users. This is the eleventh 11.11 Shopping Festival and the online giant is aiming to upgrade its consumers’ lifestyles through new product and brand offerings. From The Drum October 22 –…
CONTINUE READINGCHESS 2019 – Retail’s Seismic Shift: Understanding the Forces Changing Housewares Consumers
Presented by: Michael Dart, Partner, Consumer/Retail Practice, A.T. Kearney Retail specialist and visionary, Michael Dart advises retail and consumer companies on how best to navigate retail’s seismic shifts. He combines his economics and finance training from Oxford University and the Wharton School, University of Pennsylvania, with more than 25 years of experience…
CONTINUE READINGCHESS 2019 – Housewares Hot Seat: Recruiting the Next Generation of Housewares Leaders
Moderated by: Peter Giannetti, Editor-in-Chief, HomeWorld Business Panelists: Lauren Greenwood, President/Co-Founder, YouCopia,…
CONTINUE READINGGlobal Retail Intelligence – September
September 30 – France’s Fnac Opens First Nature & Découvertes Shop-in-ShopA few months after the accusation of a leading omnichannel retailer of products in the natural and well-being sector, Fnac opens its first shop-in-shop location. Article written in French From LSA Commerce & Consommation September 30 – Germany’s Kaufland Expands Delivery Service…
CONTINUE READINGDemurrage and Detention
Shippers have been complaining for years that the rules governing demurrage and detention are unfair. Shippers are required to pick up and return ocean containers to the terminal within a specified number of days. Failure to do so will result in fees to the shipper known in the industry as demurrage and detention. Marine terminals and carriers say the potential to be…
CONTINUE READING2019 Global Forum Recap: Top Market Opportunities: Mexico, Brazil, Colombia/Ecuador, India
Eduardo Lemus, IBC Global Forum program chair, opened Day Two with a summary of the day’s sessions and introduced the IHA Offices and representatives who outlined retail conditions in their countries. Lourdes Ramirez, Mexico; Alex Pinheiro, Brazil; Catalina Moscoso, Colombia and Ecuador; and C.K. Nair, India. Each presenter included names and contact information for buyers at…
CONTINUE READING2019 Global Forum Recap: Top Market Opportunities in International Markets Part One
Directly after a delicious lunch in the lovely garden of The Guild Hotel, Monday afternoon sessions began with a 30-minute group presentation by five IHA global sales offices and representatives. Linus Kolmevik – Denmark, Norway, Sweden Mark Chapman – United Kingdom, Ireland Pascal Glorieux – France, Belgium Tommaso Madotto – Italy Monica Lee – Taiwan Linus…
CONTINUE READINGHousewares Charity Foundation Donates to World Central Kitchen for Hurricane Dorian Relief
To assist in the Hurricane Dorian relief efforts in the Bahamas, the Housewares Charity Foundation (HCF) has donated $25,000 to World Central Kitchen (WCK), a non-profit led by renowned chef José Andrés. WCK is currently in Nassau delivering nearly 30,000 fresh meals per day to shelters and communities across the northern Bahamas. WCK went to Nassau before Dorian hit the…
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