News

Growth in sales and membership income at Costco helped the company produce earnings per share of 95 cents and beat analysts’ estimates by two cents.

Washington, D.C. -- A report released Tuesday by the National Retail Federation and Hackett Associates found that cargo volumes at U.S. ports are forecast to increase 3.9% in December following a 5.6% decline in November.

According to the monthly Global Port Tracker report, container volumes were negatively impacted in November by the West coast strike by workers at the ports of Los Angeles and Long Beach, but resolution of the strike after eight days meant disruption in December was limited to just two days.

Cargo volumes at U.S. ports are forecast to increase 3.9% in December following a 5.6% decline in November, according to the monthly Global Port Tracker report compiled by the National Retail Federation and Hackett Associates.

The West coast strike by workers at the ports of Los Angeles and Long Beach negatively affected container volumes in November, but resolution of the strike after eight days meant disruption in December was limited to just two days.

Reston, Va. -- For the holiday season-to-date, $26.6 billion has been spent online, up 13% versus the corresponding days last year, according to comScore. The firm predicts that Green Monday (Monday, December 10, 2012) is likely to be one of the heaviest online spending days of the season and a headliner for what is expected to the busiest online spending week on record.

EL SEGUNDO, Calif. — Former Estee Lauder executive Suzanne Dawson has joined high-end skincare brand Murad as its new CMO. Dawson will oversee all global marketing, including brand development, advertising, public relations, creative and education for products, services and new market opportunities. She will report to GM Richard Murad.

San Jose, Calif. -- Nearly half (40%) of retailers will add a mobile version of their website in 2013, with 20% planning to create a mobile app, according to the "2012 ECommerce Trends Survey,” a survey of nearly 500 global retailers conducted by SLI Systems. Retailers’ biggest challenges in e-commerce continue to be improving conversions (63%) and attracting more customers to their websites (61%), the survey revealed.

NEW YORK — In an era of increasingly complex global supply chains and product safety concerns, Deloitte and Decernis have formed a strategic alliance to provide compliance solutions to consumer product, food service, retail and distribution companies.

The alliance combines Deloitte's food safety, quality and supply chain experience and the software platform and content provided by Decernis for tracking and alerting consumer businesses about compliance issues.

WEST AURORA, Ill. — Gatorade and USA Today High School Sports have named Lauren Carlini of West Aurora High School as the 2012-13 Gatorade National Volleyball Player of the Year.  

Carlini received the news at West Aurora High School from 2012 Olympic silver medalist April Ross, who earned Gatorade National Volleyball Player of the Year honors in 1999-00.