US retailers ready to bury peak season hopes, with no sign of quick recovery

US retailers are losing hope of any recovery in the autumn, casting serious doubt on the summer peak season in the transpacific arena.
The latest instalment of Global Port Tracker (GPT), which is published on a monthly basis by the National Retail Federation (NRF) in collaboration with international trade consultancy Hackett Associates, predicts US imports to shrink in double digits from May through August, and for September it projects a 9.3% …

The post US retailers ready to bury peak season...

https://theloadstar.com/us-retailers-ready-to-bury-peak-season-hopes-with-no-sign-of-quick-recovery/

Fashion moves too fast for stranded imports: retailers must discount or destroy

Germany’s fashion retailers may be forced to discount stock to avoid being flooded by a wave of imports, according to a new study.
German software house Setlog surveyed 100 fashion retailers that operate its OSCA system, and found them desperate for intermediate storage solutions, with warehouses and port container yards at near-capacity.
Setlog said most were simply delaying the pick-up of import containers and the return of empty boxes, and found that …

The post Fashion moves too fast for...

https://theloadstar.com/fashion-moves-too-fast-for-stranded-imports-retailers-must-discount-or-destroy/

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