Labor disputes in U.S., Canada could disrupt supply chain ops While a tentative contract agreement has been reached at West Coast ports, that doesn’t mean supply chain disruptions are over. Retail sales increase again in May as consumers continue to fuel economyRetail sales rose again in May as consumers continued to spend despite economic challenges. Tentative agreement reached in West Coast ports negotiations A tentative agreement on a new six-year contract has been reached between unions and employers at West Coast ports. Retail groups urge Congress to pass payments competition legislation Legislation to address credit card “swipe” fees has been reintroduced in Congress. Economic conditions look like ‘soft landing,’ not recession, says NRF economist Although economic indicators are giving conflicting signs, the nation does not appear to be in a recession and should be headed toward a soft landing from inflation and high-interest rates. Amid new disruptions, NRF urges Biden to intervene in West Coast labor negotiations As contract talks drag on, tensions are rising at West Coast ports. NRF: Most consumers think retail crime is up Retailers aren’t the only ones who are concerned about growing retail theft. NRF: Core retail sales inch up in April as consumers remain ‘engaged’ Retail sales rebounded in April after falling in March not all sectors enjoyed gains. NRF: U.S. economy ‘remained in gear’ during the first quarter The difficulties of taming inflation was evident in the first quarter as consumer spending grew 6.5% over the previous quarter. As imports normalize, spotlight on ports’ labor negotiations Resolving labor negotiations at the West Coast ports is a top priority as import cargo volume at the nation’s major container ports stats to rise. NRF: 2023 will be ‘bumpy, with interest rates the ‘wildcard’ Retailers should fasten their seatbelts for what lies ahead. NRF forecasts retail sales to rise from 4% to 6% in 2023 Retail growth is expected to moderate in the months ahead, but it will remain positive even as sales start to stabilize from pandemic-era highs. First Previous 17 18 19 20 21 Next Last
