The International Housewares Shippers Association has been informed by MOL, NYK and K-line of their intentions to consolidate their container shipping divisions into a single operating entity. In the meantime, it is business as usual, and all three companies will continue to operate and serve their customers as they do today on an ongoing basis. Some key points of the…
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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.
Space is Tight, Are Your Protected?
Container ships sailing from China to the U.S. have remained full since Hanjin unexpectedly filed for bankruptcy at the end of August. Specific areas, such as Ningbo and Shanghai, are providing far greater challenges for shippers to secure space than the Southern China region. Ocean carriers have been actively rolling cargo from Shanghai and Ningbo for over a month. Some…
CONTINUE READINGRetail Profile: Now You’re Cooking
Retailer: Now You’re Cooking Owners: Jerry Martins, Barbara Lynn Location: Ithaca, N.Y. Founded: 1986 Square footage: 1,500 net sq ft When is a kitchen sieve not a kitchen sieve? When it an aphid separator, says Jerry Martins, who should know. As one of the owners of Now You’re Cooking, in the college town of Ithaca, N.Y., Martins and his business partner Barbara Lynn count…
CONTINUE READINGGlobal Retail Intelligence – October 2016
To follow is a brief review of retail news from around the world: October 1 – D Mart, India The Business Standard (Mumbai) reports that India supermarket operator, D Mart “is looking to add over 60 per cent more space in the next three years. The chain, the third largest retailer after Future Group and Reliance Retail, has 3.4 million square feet of retail space now and is…
CONTINUE READINGForecasting Currency Fluctuations in Uncertain Times
In their October 2016 Currency Outlook report, Tempus, an exchange rate and global payments company, indicates that the globe is going through a period of readjustment as markets find direction in the midst of downside risks to overall economic growth and limits to the scope of intervention by central banks. The two-page report reviews recent currency changes and previews…
CONTINUE READING2016 CHESS: The Future of Omnichannel Fulfillment
Rick Blasgen is responsible for the overall business operations and strategic planning for CSCMP, an organization whose mission is to deliver leading-edge education and research for the supply chain management profession. He was recently designated Chair of the Advisory Committee on Supply Chain Competitiveness by the U.S. Department of Commerce. Blasgen is a member of…
CONTINUE READING2016 CHESS: Getting Better with Age
After a witty comical video about millennials, Maureen Azzato, chief brand officer and editor of HFN, addressed the differences between millennials, Boomers and Gen Xers for creators of new products for these groups. She pointed to demographic trends that marketers should focus on for the growth of consumers over the age of 50. Boomers have the greatest disposable income and…
CONTINUE READING2016 CHESS: Protecting Your Company in China
Attorney Scott Sanders addressed sensitive concerns faced by many CHESS attendees whose companies manufacture products in China. Housewares makers often painfully discover that their intellectual property and supply chain is at risk when working with Chinese factories. Business there has changed dramatically in the past decade and contracts have become critical. Sanders posed…
CONTINUE READINGCHESS 2016: The Evolution of Retail & Industry Impact
The first day’s program set the stage with a panel of housewares executives discussing issues in managing their businesses, followed by two experts who presented CHESS attendees with big picture overviews of the U.S. political scene and global political/economic risks. Day Two offered deep dives into the competitive retail landscape, the complexities of IP protection in China,…
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