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  • Federal mediators join West Coast ports dispute

    New York -- U.S. mediators are joining the labor talks at West Coast ports in an attempt to jumpstart the stalled negotiations between the powerful International Longshore & Warehouse Union (ILWU) and the Pacific Maritime Association (PMA). The U.S. Federal Mediation and Conciliation Service announced its involvement in the talks late on Monday.

    “We are prepared and ready to render prompt assistance,” Allison Beck, acting director of the Federal Mediation and Conciliation Service, said in a statement.

  • Amazon: Sellers had ‘record-setting’ year in 2014

    Seattle -- Amazon is not a company to shy away from touting its success. On Monday, the online giant announced that third-party sellers on Amazon Marketplace sold a “record-setting” more than two billion items worldwide in 2014, and that the number of its sellers adopting the Fulfillment by Amazon (FBA) service grew more than 65% year-over-year worldwide.

  • Study: Apple, Dell, Nordstrom and Zappos tops in holiday delivery

    New York – When it came to fulfilling holiday deliveries, Apple, Dell, Nordstrom and Zappos stood out among other major competitors. According to research from StellaService, all four provided an aggressive guarantee that orders placed by Dec. 23 would be delivered by Christmas and managed to meet that promise in all regions of the U.S.  
  • Seamless Retail: Looking Toward a Profitable 2015

    The 2014 holiday season has shown how shoppers’ growing preference for e-commerce can be challenging for retailers. By offering customers free shipping and ever-faster delivery, and by handling the higher rates of return that often come with e-commerce, retailers potentially face either reduced profit margins or loss in market share if they don’t keep up with customer preferences.

    As they plan for 2015, many retailers will consider how they can provide a seamless customer experience that fundamentally helps them to maintain or improve profit margins.

  • Supply chain stakeholders urge Obama to act on West Coast ports

    Washington, D.C. – More than 160 national, state and local trade associations and organizations, representing the interests of the global supply chain and local communities, wrote to President Barack Obama Dec. 23 to urge the administration’s immediate involvement in the ongoing contract negotiations between the International Longshore and Warehouse Union and Pacific Maritime Association. The ILWU and PMA have been negotiating a new labor contract, which covers dockworkers at the 29 West Coast U.S. ports.  
  • Albertsons acquiring Safeway for $9 billion

    Albertsons plans to acquire Safeway for $32 a share in a deal valued at roughly $9 billion that will create a supermarket chain with roughly 2,400 locations to rival market leader Kroger.

    The deal announced late Thursday ended longrunning speculation regarding the potential acquisition of Safeway.

  • Consumer spending reaches 11-month high

    New York - The Deloitte Consumer Spending Index reached its highest point since November 2013, rising to 4.5 from 4 the prior month. The Index tracks consumer cash flow as an indicator of future consumer spending.    The Index comprises four components – tax burden, initial unemployment claims, real wages and real home prices. Highlights include:   Tax Burden: The tax rate has been effectively unchanged from the previous month at 11.8%.  
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