U.S. imports from Asia have plummeted over the last few months. The month of September alone declined 10.4% versus August. Forecasters do not see any improvement for imports when October imports are finalized. Industry experts are now projecting that imports will continue to decline through the end of the year. It’s hard to comprehend how quickly the Asia-to-U.S. market has…
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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.
Labor Relations Regulatory Update
The Biden Administration’s regulatory agenda will face Republican scrutiny in the next Congress by way of oversight hearings and a stream of information requests to agency heads between hearings from committee chairs. Administration proposals concerning labor (employee) relations will be one of the more controversial areas based on Republican concerns that they will create more…
CONTINUE READINGU.S. Retail Intelligence – October
October 31 – Ross Stores Open 40 Stores The new outposts complete Ross’ growth plans for fiscal 2022, which called for the addition of 99 new stores. From: Chain Store Age October 28 – Target to Carry Marks & Spencer Holiday Items The limited-time partnership offers highly giftable, on-trend products at value prices. From: Progressive Grocer October 28 – Wegmans…
CONTINUE READINGConnect Fall, IHA’s Virtual Industry Event, Features Sessions on Shifting Lifestyle Trends, Critical Business Developments
ROSEMONT, IL (Oct. 5, 2022) – Connect FALL, an IHA virtual event, is set for Oct. 11-13 with exclusive, in-depth content designed to bring the housewares industry together around critical industry education. Session topics include opportunities in inflationary times; consumer lifestyle trends; an update on PFAS chemicals regulations and housewares; trends influencing…
CONTINUE READINGU.S. Retail Intelligence – September
September 30 – Walmart Insists Distribution Can Handle the Holidays The Walmart supply chain has been challenged, the company admitted in a blog post, but the company has been able to deal with congestion and inflation so that it is ready for the holiday season. From: HomePage News September 30 – Qurate Names Veteran Supply Chain Exec Barnhart COO\ Qurate Retail Group…
CONTINUE READINGTariff Update
In early September, the U.S. Trade Representative (USTR) announced it had received comments from a number of entities supporting a continuation of the Section 301 tariffs on products produced in China. This culminates the first phase of USTR’s statutorily mandated “review of necessity” for Sec. 301 tariffs before they expire after four years. However, by September’s end, USTR…
CONTINUE READINGOcean Rates Reflecting Weak Demand
The fourth quarter of 2022 is shaping up to be a challenging time for both carriers and shippers. This same time last year, shippers were faced with record high rate levels and lack of space on containerships. Carriers were flush with cash and able to choose the cargo they wanted to manage. As we enter Q4 2022, the Asia to U.S. market has taken a 180-degree turn. Container…
CONTINUE READINGThree Housewares Executives Elected to IHA Board of Directors
ROSEMONT, ILL. (Sept. 19, 2022)—Three new directors have been elected to the board of directors of the International Housewares Association (IHA), the full-service trade association for the housewares industry. They are: Scott Felsenthal, CEO, Whitmor, Inc.; Sal Gabbay, CEO, Gibson Homewares; and Michael Hayes, chief customer officer, Newell Brands. Their three-year terms begin…
CONTINUE READINGU.S. Retail Intelligence – August
August 31 – Hy-Vee to Hold Next Quarterly ‘Best of Local Brands’ Summit This year, Hy-Vee is focused on identifying suppliers with diverse backgrounds and urges minority-owned and women-owned businesses to apply for the quarterly summits From: Progressive Grocer August 31 – Dollar General Makes Additional Leadership Changes Dollar General announced several leadership…
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