In their June 2019 Currency Outlook report, Tempus, an exchange rate and global payments company, provides a detailed report including the following topics and sections: In Brief The USD reached its strongest level in 2019, dwindling in the final day of MayAfter major swings, the USD rose by less than half of a percentage according to the Bloomberg Dollar Spot…
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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.
Global Retail Intelligence – June
June 19 – Germany’s Metro Expands in MyanmarMetro Wholesale Myanmar is seeking to expand its operations in Myanmar, aiming to open in Mandalay, Nay Pyi Taw, Taunggyi and other major metropolitan locations in the region. From Consult Myanmar June 17 – Costco to Open Its First Store in ChinaFive years after Costco opened its first online store in China, it plans to open…
CONTINUE READINGCBD Products Emerge at Retail
While you still can’t order a CBD latte at Starbucks, the market for CBD (Cannabidiol) products is opening and already on the shelves of small retailers, as well as shown during the 2019 International Home + Housewares show last March. Cannabidiol is the non-THC part of the marijuana plant and can be seen in such housewares products as air diffusers, CBD oil sprays and…
CONTINUE READINGRetail Profile: Sparrow Hawk Cookware
Location: Colorado Springs, Colo. Owner: Sam Eppley Founded: 1979 Square footage: 4,000 sq. ft. Own or rent: Own Sam Eppley knows what makes his store special: customer service. “We have a ton of employees who have been with us at least five years and one lady has been here for 20 years,” he says. Eppley himself has been around for 41 years, “so there is a lot of…
CONTINUE READINGDecidedly Danish
by Michelle Hespe When Bahne was established in 1965 in Denmark, they were already ahead of the game and vastly different from other retail outlets. The business was not just focused on offering customers a store filled with products that they could purchase, but rather, on creating an experience for shoppers. This might be a typical approach in retail now, but it certainly…
CONTINUE READING2019 Global Forum Offers Educational Sessions on Global Markets
Housewares suppliers new to the international arena or veteran sales executives wanting to grow their global business will benefit from the 2019 IBC Global Forum, to be held Sept. 15-17 in San Diego, Calif at The Guild Hotel. Overviews by housewares buyers and distributors covering Asia, Spain and the United Kingdom along with sessions on opportunities in key markets around the…
CONTINUE READINGStats: NPD Details What is Selling at Retail
The NPD Group’s home division presented its sixth annual industry performance awards during the International Home & Housewares Show this past March. Awards were given to small appliance and housewares (non-electric) brands with the largest increase in U.S. market share in 2018, compared to 2017, according to dollar sales from NPD’s Retail Tracking Service. Three…
CONTINUE READINGMay Currency Outlook
In their May 2019 Currency Outlook report, Tempus, an exchange rate and global payments company, provides a detailed report including the following topics and sections: In Brief The USD had another month of swings, rising .8% in AprilEconomic performance divergence is a strength for the USD as other currencies struggleBased on Latin safe-haven and oil prices, the Mexican…
CONTINUE READINGU.S. Custom and Border Protection: Steps to Protect Intellectual Property Rights
The Custom and Border Protection (CBP) encourages the usage of their e-Recordation Program to help copyright owners gain enforcement of intellectual property rights. The CBP has the right to detain, seize, forfeit and destroy any merchandise that enters the U.S. if it infringes on trademark or copyright that has been registered. In order to do so, the trademark…
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