Retail

Commerce reported that May retail sales, at $715.4 billion, fell 0.9% compared to April and rose 3.3% annually. NRF reported that monthly core retail sales, which are based on Census data and exclude automobile dealers, gas stations, and restaurants, increased 0.1% on a seasonally-adjusted basis, from April to May, and rose 3.9% on an unadjusted basis annually.

Commerce reported that March retail sales, at $734.9 billion, increased 1.4% over February and 4.6% annually. NRF reported that March’s retail sales which are based on Census data and exclude automobile dealers, gas stations, and restaurants, increased 0.6% seasonally-adjusted, from February to March, and were up 5.07% on an unadjusted basis annually.

Proposed tariffs could once again alter the supply chain map.

This e-book, created by the material handling experts at Toyota, will help you make sure your operation is effective and safer for your operators and customers, so you can focus on your supply chain.

LM Group News Editor spoke with Dave Bozeman, President and CEO of Minneapolis-based global logistics services provider and freight forwarder C.H. Robinson, this week about various topics, including the company's first Investor Day under Bozeman's leadership, the company's operating model, AI, and tariffs, among other issues.

E-commerce growth is reshaping economies, supply chains, and logistics, prompting innovative strategies and technologies to meet evolving retail and manufacturing demands.

A report recently issued by San Francisco-based Motive, an AI-powered fleet management services provider, offered up insights on various trends impacting the freight transportation market, in advance of the holiday season. The report, entitled the “Motive Holiday Outlook Report,” addresses various challenges and opportunities for businesses on various fronts, including Retail, Freight, Theft and Fraud, and Safety.

The e-commerce boom has driven third-party logistics providers to heavily invest in automated fulfillment. Shippers have embraced the change, making e-commerce a leading growth driver across all segments of 3PL services.

Commerce reported that total August retail sales, at $710.8 billion, increased 0.1% compared to July, while posting a 2.1% annual gain. NRF reported that its calculation of August retail sales, which is based on Census data and excludes automobile dealers, gas stations, and restaurants, saw retail sales rise 0.3% on a seasonally-adjusted basis month-over-month and were up 3.3% on an unadjusted basis annually.

FitFlop’s global expansion strategy required a different logistics approach to maximize its growing popularity in the United States. Through its new 3PL partnership, it created an innovative footwear force to be reckoned with.

The growth was primarily driven by delivery sales, which rose by 18% due to aggressive promotions from major retailers like Instacart and Walmart

The white paper discusses how a leading sportswear brand tackled inventory challenges during supply chain disruptions by using TradeEdge to implement an omnichannel fulfillment solution, creating an endless inventory aisle to improve sales and efficiency.

Quick and reliable drayage solution saves retailer thousands on demurrage fees. Download case study to learn how PITT OHIO stepped in to help.

These “must reads” from the past year will help you prepare your logistics operation for what’s ahead in 2024.

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