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Apr 7, 2021 SPONSOR The unprecedented surge of imports at retail container ports that began last summer is expected to continue at least through the end of this summer as retailers work to meet increased consumer demand, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “We’ve never seen imports at this high a level for such an extended period of time,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Records have been broken multiple times and near-record numbers are happening almost...

April 7, 2021 WASHINGTON — April 7, 2021 — The unprecedented surge of imports at retail container ports that began last summer is expected to continue at least through the end of this summer as retailers work to meet increased consumer demand, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “We’ve never seen imports at this high a level for such an extended period of time,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Records have been broken multiple times and near-record n...

Winter Storms Slow US Retail Sales RAPAPORT... US retail sales faltered in February as winter storms impacted consumers’ ability to shop, the National Retail Federation (NRF) said. Revenues slipped 3% versus January’s total, with major snowstorms hitting the country’s northeast, and ice storms in the south cutting power in many locations, according to data the US Census Bureau reported Tuesday. Government stimulus checks, increased Covid-19 vaccinations, and reduced restrictions also buoyed January’s figures. However, February sales were up 6% compared to the same month in 2020. “Fe...

The trend is expected to continue into summer as more vaccines become available.

Fibre2Fashion Toggle navigation 10 Imports at the largest retail container ports in the US are expected to grow dramatically during the first half (H1) of 2021 as increased vaccination and continued in-store safety measures enable additional shopping options, according to the latest monthly Global Port Tracker report released by the “NRF is forecasting what could turn out to be record retail sales growth in 2021, and retailers are importing huge amounts of merchandise to meet the demand,” NRF vice president for Supply Chain and Customs Policy Jonat...