Subscribe to our free, weekly email newsletter!


Retail sales projections inch up for the second half of the year

By Jeff Berman, Group News Editor
July 28, 2014

More often than not, the lion’s share of economic activity in the United States stems from consumer purchases, which comprise roughly two-thirds of domestic economic output.

That said, most anything and everything related to consumer spending is closely scrutinized and tracked, whether it be automotive and housing sales, and things more related to day-to-day consumer spending like department stores, big-box retailers, and e-commerce-related shopping, among things, as well. It also goes without saying that retail sales activity is closely monitored by supply chain stakeholders top determine things like volume trends according to seasonality and other things related to strategy such as asset allocation for motor carriers, railroads, and intermodal service providers, and also more forward-looking things like site selection for 3PL’s and warehousing and distribution types.

In short, when it comes to retail sales-related news and data, it is something that holds the ear of basically all supply chain stakeholders.

That is why it was interesting to see last week’s data issued by the National Retail Federation (NFR), in which the organization lowered its 2014 retail sales forecast, due to a slow first six months of the year (and largely negatively influenced by the terrible winter weather), but noting that retail sales are expected to be strong over the next five months to finish the year.

To read the complete article, please click here.

 

About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

This legislation takes the same name of a previous bill rolled out in April 2014, which did not make enough traction to be signed into a law, and would replace the current authorization, MA-21, whose most recent continuing extension is set to expire at the end of May.

The wave that heavy e-commerce activity currently rides is not close to crashing anytime all that soon. And with that comes a heightened focus on the logistics-related aspects of e-commerce, specifically on the last-mile side of things.

Conveyors, shuttles and robots were on display, but as with last year's Modex, software is where the action is in today’s materials handling industry.

When assessing areas of risk facing their departments, nearly half (45%) of Chief Procurement Officers named supplier risk as a top concern, according to a new survey by Consero Group.

2014 was a very good year for the Port of New Orleans, and officials there are forecasting an even more robust cargo scenario in 2015.

Article Topics

News · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA