January 29 – Walmart Enhances Media Operation To Connect Brands With CustomersWalmart has renamed the company’s media group Walmart Connect in a move to underscore its expanding ability to connect brands and its 150 million weekly customers. From: HomeWorld Business January 29 – Coca-Cola, Walmart Team up to Deliver Coffee-Flavored Soda Via DroneCompanies testing commercial…
CONTINUE READINGIndustry Resources
Learn about IHA’s cost-saving programs, including the International Housewares Shippers Association, designed to help members grow their business!
Summary of Key Business Provisions in the “Coronabus” Package
On Dec. 21, 2020, Congress passed the $2.3 trillion Consolidated Appropriations Act, 2021, H.R. 133 (a/k/a “Coronabus”), a $900 billion coronavirus relief bill merged with a $1.4 trillion omnibus spending bill for FY21. The 5,593-page legislative package was signed by the President on Dec. 27 and following is a summary of key provisions for IHA members: COVID Relief…
CONTINUE READINGU.S. Retail Intelligence – December
December 30 – Jill Soltau Leaves Her Role as J.C. Penney CEOJ.C. Penney's new owners, mall REITs Simon Property Group and Brookfield Asset Management, on Wednesday, said they have launched a search for a new chief executive officer to replace Jill Soltau, who is leaving Thursday. From: Retail Dive December 28 – Retail Furloughs Snowball as Kohl's, Gap Extend Store…
CONTINUE READINGSupply Chain Challenges Will Linger in 2021
Carrier consolidation has created a landscape that is vastly different than it was five years ago. The transpacific trade lane has been reduced to 3 mega alliances that are extremely powerful and able to quickly adapt to changes in the market. The power of these alliances was on full display in 2020. One thing is for certain, the carriers’ newfound ability to control capacity…
CONTINUE READINGContainer Lines Own the Leverage
At the beginning of every contract negotiation period, the shipping industry speculates whether the carriers or the shippers have the leverage to drive the contract negotiations. There is no speculation heading into the 2021 contract process. The carriers have 100% of the power barring a major collapse in the global economy. Shippers that fail to accept the new carrier tactics…
CONTINUE READINGBiden Administration Trade and Counterfeit Policies
Despite legal challenges, former Vice President Joe Biden’s inauguration as the 46th President of the U.S. on Jan. 20, 2021 appears inevitable and he and his team have been announcing their picks for key posts in a Biden Administration. Of particular interest for IHA members will be Biden’s approach to trade and where his policies will differ from the Trump…
CONTINUE READINGU.S. Retail Intelligence – November
November 30 – Dollar Tree’s Remodeled Stores Lead to Third-Quarter GrowthRetailer said its campaign to overhaul Family Dollar stores is starting to pay off, net sales increased by 7.5% for the quarter. From: Store Brands Today November 29 – Buc-ee's Moves Into Two New StatesA groundbreaking in South Carolina and store opening in Georgia mark its latest expansion beyond…
CONTINUE READINGADA Website Lawsuits Will Continue
When the Americans with Disabilities Act (ADA) was signed by President George H.W. Bush in 1990, the focus of Title III in the law was, and still is, providing accessibility for individuals with disabilities in public accommodations and commercial facilities. Framers saw Title III’s language exclusively in terms of “brick and mortar” and the internet wasn’t contemplated then.…
CONTINUE READINGAsia to US Container Space is Sold Out
Carriers have informed the shipping industry that container space on ships is sold out through the month of November. Space is sold out even though capacity is up 20% year-on-year. The surge in imports is unprecedented. A similar space shortage happened in 2018 but 2020 is turning out to be much worse for US importers. The carriers claim there is nothing else they can do to…
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