According to the most recent Global Port Tracker report, released by the National Retail Federation (NRF) and Hackett Associates, major retail container ports are expected to see near-record volume during June, hindering retailers’ attempts to meet still-high consumer demand. Ports …
Read More »Tag Archives: supply chain issues
How DIYers Are Handling Product Shortages
The Home Improvement Research Institute (HIRI) recently partnered with The Farnsworth Group to track sentiments among homeowners in the midst of continuing supply chain issues, increasing prices and product shortages. The survey included homeowners who choose to complete projects themselves …
Read More »U.S. Inflation Continues to Soar
Last week, the U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers jumped 0.8 percent in February after an increase of 0.6 percent in January. The U.S. inflation rate over the last 12 months …
Read More »Growth at Retail Ports to Slow During First Half 2022
According to the monthly Global Port Tracker report, imports at the nation’s congested container ports are expected to slow during the first half of 2022. The report, released by the National Retail Federation (NRF) and Hackett Associates, found that even …
Read More »Inflation, Price Gains and Retail Sales All Jump in October
The month of October saw a jump in three leading consumer metrics—inflation, price gains and overall retail sales. According to the U.S. Labor Department Consumer Price Index for All Urban Consumers, inflation increased 0.9 percent in October, following a modest …
Read More »3 Ways to Combat Supply Chain Issues This Holiday Season
No industry is immune to the supply chain woes gripping the retail world. While consumers are well aware of the issues, they are still looking for answers and relying on their favorite retailers to still provide the products they need. …
Read More »