March 27 – Star Market Goes Big in FenwayThe retailer is planning a 50,000-square-foot store for a mixed-use development as part of an expansion at 401 Park. From: Win sight Grocery Business March 26 – J.C. Penney's Interim Chief Sees Signs of GrowthJ.C. Penney is seeing weekly improvements, especially in specific growth categories including workout wear and home goods,…
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Global Retail Intelligence – March
March 19 – Alibaba Launches a Self-Driving Robot for DeliveriesAlibaba group will launch a self-driving delivery vehicle across 15 universities in China in March. Each self-driving robot will be capable of making 500 daily deliveries, for which students can make appointments for the deliveries to be made directly to their dorms. With demand of deliveries on the rise and China…
CONTINUE READINGService Contracts Underway for Asia to US Cargo
Shippers moving containers from Asia to the US are in the midst of very tough service contract negotiations. As anticipated, the carriers are demanding very strict container commitment guidelines, reductions in free time and significant rate increases. Finding sufficient carriers to meet your forecasted container demand has been the biggest challenge for shippers since 2021…
CONTINUE READINGU.S. Retail Intelligence – February
February 26 – Meijer Plans Supplier Diversity Event In MayMeijer in May will host a supplier diversity event, giving businesses nationwide the opportunity to showcase their offerings for interested merchants at the retailer. From: HomeWorld Business February 26 – Qurate Beats Wall Street Q4 Earnings EstimateQurate Retail beat a Wall Street Q4 earnings estimate as sales…
CONTINUE READINGState Legislation Looks to Manufacturers to Fund Recycling Costs
In recent months, a barrage of state-level bills has been introduced throughout the country seeking to generate revenue from product manufacturers for the costs of recycling their products and packaging. Extended Producer Responsibility (EPR) bills seek to extract funding from manufacturers to cover the escalating costs of recycling materials. Traditionally, these…
CONTINUE READINGPeter Giannetti Joins International Housewares Association
Industry veteran will lead news, content and education efforts at the Association ROSEMONT, IL (Feb. 18, 2021) –The International Housewares Association announced today that Peter Giannetti will join the organization as Director, Editorial, Content and Education. In this role, Giannetti will oversee development and delivery of industry-wide content and resources intended to…
CONTINUE READINGGlobal Retail Intelligence – February
February 17 – Tesco Stores Renamed Across Southeast AsiaCP Group has renamed its Tesco stores across Southeast Asia to Lotus’s. The rebranding follows the USD 10.6 billion acquisition of Tesco’s Asian operations in Thailand and Malaysia in 2020. From Inside Retail February 15 – South Africa’s ShopRite Sees Profits GrowSouth Africa’s ShopRite Holdings announced that profits…
CONTINUE READINGBiden Administration Workplace Rule Changes
One policy area that’s seeing a big shift in Washington, DC, involves workplace rules and regulations. The Biden Administration, along with the Democratic sweep of Georgia’s two Senate seats, will add impetus to legislative and regulatory labor law changes concerning overtime pay; what constitutes a joint-employer; the test to determine an independent contractor vs. an…
CONTINUE READINGIHSA Declares 2020 Refund
The surge in US imports over the last six months has been unprecedented and is causing problems in all facets of the supply chain. Carriers are telling importers to expect this highly volatile market to last through the 2021 Chinese New Year. A few carriers are suggesting this volatility will last through October 2021. Through all the volatility, the support of IHSA’s…
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