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The US could have seen shortages and higher retail prices
The US could have seen shortages and higher retail prices if a dockworkers strike had dragged on
Yet on top of the cost of storing goods for longer, retailers will have a hard time replenishing their inventory should the strike drag on, and as Gold pointed out, carriers are already announcing surcharges on shipped containers due to potential disruptions.
U.S. Ports Reopen After Dockworkers End Strike
U.S. ports reopened after dockworkers agreed to return to work, ending a three-day strike that threatened to disrupt the American economy just weeks ahead of the presidential election. The breakthrough Thursday came after port employers offered a 62% increase in wages over six years,
Dockworker Strike in US Drags On
President Joe Biden is urging US port employers and shipping lines to restart talks with striking dock workers. Every major port on the Atlantic and Gulf coasts has been closed since Tuesday morning.
7 & i to sell retail, supermarket units
Seven & I Approaching Buyers for Retail, Supermarkets Units
Seven & i Holdings Co. has approached potential buyers for its Ito-Yokado stores and supermarkets as it seeks to restructure in the face of a takeover approach from Canada’s Alimentation Couche-Tard Inc.
Seven & i exploring sale of retail, supermarket units, Bloomberg says
Japan's Seven & i Holdings has approached private equity funds and other parties about a potential sale of its Ito-Yokado stores and supermarkets, Bloomberg News reported, citing people familiar with the matter.
7-Eleven owner reportedly considers supermarket stake sale
Eleven, is weighing a sale of shares in its supermarket unit ahead of listing the business, according to Reuters. The big picture: The convenience store giant is under activist pressure to improve earnings,
1d
Strategic Leasing Is Driving The Future Of Luxury Retail
U.S. luxury sales reached over $75 billion in 2023 — an 8.9% increase from the previous year, according to the latest JLL ...
22h
on MSN
Russia's X5 retail group highlights worker shortage as key challenge
Labour shortages will be a major challenge for Russia's largest food retailer X5 in the next decade, CEO Igor Shekhterman ...
6h
Why a ‘rural lifestyle’ group rules the retail roost
Climbing to the top of the retail pecking order is one thing. Staying there is tough. Tractor Supply’s revenue is expected to grow just 2.4 per cent this year. Tough comparatives are to blame. The ...
2d
Retail Technology Leadership—Navigating Turbulent Times
Getting to know the people, the leadership principles and the organizational culture of the potential partner is where I ...
2d
Hong Kong sees challenges for the retail sector as August sales fall 10%
Hong Kong's August retail sales fell 10.1% from a year earlier, government data showed, reflecting a relatively strong Hong ...
1d
on MSN
Investing giants want to offer retail traders access to a booming sector of financial markets
Investment firms hope to launch private-credit ETFs to allow ordinary investors to access the $1.7 trillion market.
13h
on MSN
Councilors OK ordinance to allow more cannabis retail shops in Providence
The Providence City Council passed a retooled cannabis zoning ordinance, which updates municipal zoning code to comply with ...
2d
Canary Wharf to Use Retail Assets to Refinance £350 Million Bond
Canary Wharf Group is hoping to raise new debt backed by its retail assets in order to repay £350 million ($465 million) of ...
3d
How the Crypto Retail Market Has Changed
In 2021, daily liquidations worth billions of dollars occurred due to retail mania, with 80% of futures trading collateral ...
9h
Redefining Retail: AIPL Joy District Unveils Gurugram's Ultimate Luxury Shopping And Entertainment Destination
By setting these new standards, the project leads the charge in redefining how urban retail and entertainment spaces operate, ...
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