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Data & Analytics

  • Retail container traffic to rise 9% in April

    Washington, D.C. -- Import cargo volume at the nation’s major retail container ports is expected to be up 9% in April over the same month last year, according to the monthly Global Port Tracker report released Monday by the National Retail Federation and Hackett Associates.

  • March decline at Target no surprise

    Target had forecast a mid-single decline in its March same-store sales, so the 5.5% decline it reported last week was no surprise. The late arrival of Easter is messing with retailers’ sales comparisons, so even though March was a down month for Target, it could have been worse as the comparison with the prior year was a lofty 10.3%. Therefore, last month’s 5.5% decline is a victory of sorts, and March results for retailers overall were better than expected.

  • Whirlpool EVP to speak at forum on energy efficiency

    BENTON HARBOR, Mich.  -- Whirlpool announced that its EVP global product organization, David Szczupak, will be speaking at the fourth Energy Efficiency Global Forum (EE Global) in Brussels, Belgium on Tuesday, April 12, 2011 at 4:00 p.m. CEST. His presentation will be a part of the opening plenary session and is titled, "Appliances...the Friendly Face of the Smart Grid."

  • Avoiding unique employment law challenges posed by the Generation Y work force

    By Lonnie Giamela, [email protected]

    Generation Y workers, defined as those individuals born between 1977 and 1995, are becoming an increasing part of our workforce.  These individuals occupy a wide variety of positions from cashiers at a retail store, to warehouse employees at a distribution center, to administrative employees at a corporate office.

  • NRF: Expected rise in container traffic sign of economic recovery

    WASHINGTON -- Import cargo volume at the nation’s major retail container ports is expected to be up 9% in April over the same month last year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

  • Deloitte survey finds consumers bracing for higher prices

    New York City -- Despite showing no signs of spending less in recent months, a new Deloitte survey found that nearly three-quarters (74%) of Americans believe higher prices could slow their spending in the months ahead. Deloitte's study also revealed that mobile and social connections are helping shoppers make savvier buying decisions in the wake of the recession.

  • Dish Network’s bid for Blockbuster gets OK

    New York City -- Blockbuster says a bankruptcy judge has approved Dish Network's $228 million offer for the chain, paving the way for a combination of the two companies.

    Dish won an auction for Blockbuster's assets earlier this week. Judge Burton R. Lifland of the U.S. Bankruptcy Court of the Southern District of New York approved the bid on Thursday.

    According to Dish, the deal is expected to close in the second quarter.

  • Walgreens installs electric ‘fuel’ stations in second Texas market

    DEERFIELD, Ill. — Walgreens on Friday helped launch the nation’s first privately funded and comprehensive electric vehicle charging network with an initial station at the Walgreens drug store at Belt Line Road and Montfort Drive in Dallas.

    The drug store retailer is working with NRG Energy to install high-powered rapid charging eVgo Freedom Stations at 18 locations across the Dallas/Fort Worth Metroplex.

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