Key to untying the Gordian knot known as the supply-chain crisis is recognizing and addressing unreasonable business practices by ocean carriers. Some of these practices can likely be attributed to consolidation, and a recent report by Commissioner Carl Bentzel, Federal Maritime Commission (FMC), finds the shipping container (“containerization”) was a key factor in this…
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IHA’s blog features informative posts written to keep the housewares industry educated and informed about key strategic issues and IHA member services.
U.S. Retail Intelligence – April
April 29 – Publix Launches Rapid Delivery in Miami Using Instacart's Carrot Warehouses Retailer is 1st grocer to use nano-fulfillment models. From: Progressive Grocer April 28 – Weis Markets Unveils $150M Cap Ex Plan Weis Markets continues to make record investments in new stores, remodels, fuel centers, IT upgrades and smaller store improvement projects. From: Progressive…
CONTINUE READINGThe French Connection
The French Global Honoree in the 2021-2022 gia awards—La Maison Pernoise—is housed in a charming stone barn in the South of France. The business was born from passion, imagination and the creative drive of a woman who knows that dreams and wishes can be turned into reality. by Michelle Hespe Old stone houses have always inspired Lau Dejente. As a young girl she would…
CONTINUE READINGU.S. Retail Intelligence – March
March 31 – RH CEO Friedman Touts Big Expansion Plans After Q4 Earnings Beat Restoration Hardware CEO Gary Freidman highlighted the company’s active retail expansion and brand extension strategy after releasing fourth-quarter results that saw RH beat a Wall Street estimate on earnings but not on sales. From: HomePage News March 30 – Meijer Readies Sustainability Supplier…
CONTINUE READINGNew Contracts Fail to Deliver Relief to Shippers
The majority of shippers have finalized their 2022 contract negotiations covering ocean containers shipping from Asia to the United States. The traditional contract period, May 1, 2022 through April 30, 2023, will bring many of the same challenges that have plagued the shipping industry over the last two years. Record high freight rates, insufficient container allocation, and…
CONTINUE READINGChina Competition Legislation
Perhaps the last big initiative that has a chance to be agreed to by both chambers of Congress before the midterm election usurps the agenda is “China competition legislation.” The Senate and House have approved two separate bills per this broad theme, with the anchor provision in each being $52 billion to incentivize companies to build semiconductor manufacturing facilities…
CONTINUE READINGSupply Chain and Tariff Developments
To address the ocean carrier supply chain crisis and high cost of shipping containers, IHA is part of a broad coalition of business groups working to pass the Ocean Shipping Reform Act (OSRA), which is a “Shippers Bill of Rights” to give importers and exporters much greater legal standing and the Federal Maritime Commission (FMC) more tools to deal with unreasonable ocean…
CONTINUE READINGWest Coast Port Strike Would be Devastating
Could congestion that plagued West Coast ports in 2021 actually get worse in 2022? That all depends on whether a new contract can be finalized between the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU). The current contract between the two entities expires on June 30, 2022. If a new contract is not reached, the congestion shippers…
CONTINUE READINGU.S. Retail Intelligence – February
February 28 – Lowe’s Launches DIY Skill-Building Program Inspired by the digital instructor community boom and rise in immersive at-home learning, DIY-U by Lowe’s is a one-stop virtual location for how-to products workshops. From: HomePage News February 28 – Walmart Adding Exclusive Deals for “Plus” Members Walmart is offering special discounts to consumers joining its…
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