In the face of ongoing elevated inflation, 38% of back-to-school shoppers are cutting back on other kinds of spending as they get ready for the return to the classroom, according to an annual survey released today by the National Retail Federation and Prosper Insights...
According to the National Retail Federation, May sales results wavered when compared to April as consumers faced continuing inflation including higher prices for essentials such as food and gasoline. The United States Census Bureau has announced that retail sales in...
President Biden is expected to sign into law soon major legislation overhauling ocean shipping and U.S. port regulations. The U.S. House of Representatives on Monday passed by a vote of 369-42 the Ocean Shipping Reform Act (OSRA) of 2022, the Senate version of a...
Inflation gained last month according to the United States Department of Labor, with the Consumer Price Index up 1% from April and 8.6%, a situation that has the National Retail Federation pushing on two issues, tariffs and biofuels. Although observers have cited...
As storerunners work to meet steady consumer demand and protect themselves against potential West Coast port disruptions, imports at the nation’s major retail container ports should see near-record volume again this month, according to the monthly Global Port Tracker...
