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

As the calendar turns to September and we approach 2015’s final third, there are, as usual, many things that require our attention from a freight transportation, logistics, and supply chain perspective.

According to Panjiva data, July shipments-at 952,126-were up 1 percent over June, following sequential gains of 7 percent for May over April and 1 percent for June over May.

While the previous edition of the Shippers Conditions Index (SCI) from freight transportation consultancy FTR showed some encouraging signs for shippers in terms of a mild uptick in overall market conditions.

Supply Chain Expert John Caltagirone is working with an increasing number of large companies that need help addressing key issues that “keep them up at night.” Here’s what Caltagirone recommends supply chain managers do right now to prepare for the future.

What will it take to find, train, and retain talent going forward? Three supply chain experts dust off their crystal balls and discuss the top ways to build the workforce for 2025.

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