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NRF: Supply chain challenges not over as demand for back-to-school, holiday increase
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Retail Imports Expected to Set a Record in August as Merchants Shift to Peak Holiday Season
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NRF | Retail Cargo Expected to Set Record in August as Merchants Move from Back-to-School to Holiday Preparations
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NRF: Retail Cargo Expected To Set Record In August As Merchants Move From Back-To-School To Holiday Preparations
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Jul 8, 2021
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Imports at the nation’s largest retail container ports are continuing to show double-digit growth over last year as strong consumer demand keeps up its momentum, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
“The year-over-year growth we saw this spring was off the charts because the comparisons were against a time when most stores were shut down due to the pandemic,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “But we’re continuing to see strong growth even as we enter a point when stores had begun to reopen last year. That’s a sign of the tremendous demand from consumers. The challenge for retailers and supply chains is keeping shelves stocked as port congestion and other supply chain disruptions continue to impact the industry and the economy more broadly.”