Industry Resources

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U.S. Retail Intelligence – May

May 30 – What's New About Lidl's New CEOMichal Lagunionek, among other newly arriving U.S. execs, brings a strong track record and new support to a job that’s only still beginning, sources say. From: Winsight Grocery Business May 28 – Burlington Stores Ramps Up Merchandising CapabilitiesThe off-price retail company recently signed a lease to double the square footage of its…

Supply Chain Issues Add to Economic Concerns

As the United States looks to sustain its economic recovery to pre-pandemic levels and beyond, there are potential warning signs that this might not go as smoothly as hoped. For example, though job openings climbed to a record 8.1 million in March, pointing to a surging labor demand as the economy reopens, many companies are struggling to fill those positions. Some…

Tax Hikes on the Congressional Agenda

On March 31, President Biden announced the first half of his “Build Back Better” initiative, the $2.25 trillion American Jobs Plan. Presented by the White House as an infrastructure plan, this massive proposal covers a broad range of functions that go beyond the conventional notion of “infrastructure” to include programs such as $400 billion for home and community-based…

U.S. Retail Intelligence – April

April 30 – Target works toward goal of opening 40 stores this yearTarget appears to be on track to reach its goal of opening 30 to 40 stores this year with 12 new locations already operating, including a site along Hollywood's Walk of Fame in Los Angeles and a small-format store near the University of Georgia campus. This slide show offers a look at the retailer's newest…

Asia to U.S. Contracted Container Space is Sold Out

It is going to be a challenging year for the entire shipping industry. March imports in the Transpacific jumped 51%. Every major trade publication is predicting that the 2021 space issues will be much worse than what the industry experienced in 2020. The carriers have sold out all space for the 2021-22 contract period. This unprecedented space crisis is going to present many…

Carriers Flex Their Muscles During Negotiations

Ocean contract negotiations for cargo moving from Asia to the US are coming to an abrupt end. Negotiations in this market traditionally start in February and last until the end of April. The unprecedented demand in the market has drastically changed the negotiation timetable. Carriers have made it clear that shippers waiting to finalize contracts at the end of April in hopes of…

COVID-Related Legislative and Regulatory Changes for Employers

On March 11, President Biden signed the American Rescue Plan Act of 2021 into law. The $1.9 trillion “ARP” is different than the $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act that passed with bipartisan votes in March 2020 and initiated the Paycheck Protection Program (PPP) and new tax breaks. Aside from targeted financial programs for…

U.S. Retail Intelligence – March

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,…

Service 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…