by Mike Duff | Apr 13, 2022 | Featured News, Retail Articles
Bed Bath & Beyond posted a fourth-quarter net loss and a comparable sales decline versus 2020 and 2019, attributed in part by company management to global supply chain disruption that limited inventory availability during the quarter. The retailer’s net loss...
by Mike Duff | Apr 12, 2022 | Featured News, Retail Articles
A survey by management consultants Consumer and Retail Group indicates consumers contacted in February and March were slightly more optimistic in their outlook than those surveyed in fall 2021, but overall sentiment regarding prospects remains cautious. CRG noted that...
by Mike Duff | Apr 8, 2022 | Home + Housewares, Retail Articles
Walmart is upping the ante in the truck driver shortage. In a blog post from Fernando Cortes, senior vice president, transportation, and Karisa Sprague, senior vice president, supply chain people, Walmart announced it is increasing its top pay for first-year,...
by Peter Giannetti | Apr 7, 2022 | Featured News, Home + Housewares, Retail Articles, Trade Shows & Associations
The U.S. Senate unanimously passed its version of a bill to improve oversight of ocean shipping with the goal of easing port backlogs and other factors contributing to freight delays and potentially higher costs. The Senate version of the Ocean Shipping Reform Act,...
by Mike Duff | Mar 28, 2022 | Retail Articles
Do-it-yourselfers keep on spending to complete home projects, according to market research by Numerator, but a subclass of consumers, dubbed Prosumers, are particularly busy. Despite COVID restrictions, supply chain disruptions and unprecedented price increases, 40%...
