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Imports rising as West Coast ports recover
Washington, D.C. -- Import cargo volume at the nation’s major retail container ports is expected to rise 8% this month over the same time last year as West Coast ports continue to recover from a backlog of cargo that built up before a tentative new labor agreement was signed, according to the monthly Global Port Tracker report released Wednesday by the National Retail Federation and Hackett Associates.
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Denmark discounter Tiger to open its first U.S. store
New York -- Tiger, the Danish discount chain known for its low prices and design emphasis, is entering the United States, opening a 5,000-sq.-ft. flagship in May, in New York City.
Tiger stores offer a quirky, ever-changing selection of exclusive products across a wide variety of categories, including home, toys, hobby, party, snacks, electronics, gadgets, fashion accessories and seasonal. The majority of its products, roughly half of which are designed in house, sell for $10 or less.