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Downturn in retailer container traffic ending as retailers prepare for holidays
Washington, D.C. -- Import cargo volume at the nation’s major retail container ports is beginning to see cautious increases over last year again, ending a summer-long downturn as retailers prepare for the holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
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Cabela’s completes variable funding facility with Royal Bank of Canada
Sidney, Neb. -- Cabela’s announced that its wholly owned subsidiary, World’s Foremost Bank, has entered into a $411.7 million commitment with Royal Bank of Canada under an outstanding series of variable funding notes issued by Cabela’s Credit Card Master Note Trust. The commitment is for three years and accrues interest at a variable rate of commercial paper plus a spread.