60 Seconds: Trucking Industry Accelerates Hurricane Helene Relief Efforts
As Hurricane Helene’s floodwaters recede, truckers are ensuring supplies reach those in need.
October 8, 202460 Seconds: In-Store Shopping Back In Trend
An accelerated transition toward in-store shopping from ordering online is underway and set to aid the nascent #freight environment recovery, according to observers.
October 1, 2024Port Strike Sparks High Demand for Toilet Paper at Retailers
During visits to Costco stores in northern New Jersey, Oppenheimer analyst Rupesh Parikh said his team “observed behaviors similar to the start of the pandemic.”
Industry Takes Fresh Look at Reverse Logistics
Reverse logistics — the management and movement of returned goods — is one of the most significant systems in the economy, and one of the most complicated.
Cyber Monday Sales Hit Record $12.4 Billion on Nov. 27
U.S. shoppers spent $12.4 billion on Cyber Monday, a robust result demonstrating the continued resilience of consumers despite dwindling pandemic-era savings and high interest rates.
Walmart Attracts Savings-Minded Shoppers, Posts Strong Q3
Walmart extended its streak of strong quarterly gains heading into the holiday season as its low prices attract shoppers looking for deals in a tough economic environment.
Rite Aid Files for Bankruptcy
PHILADELPHIA — Rite Aid said Oct. 16 that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan.
October 16, 2023Target Sales Ebb on Inflation, Pride Month Shopper Backlash
NEW YORK — Target’s second-quarter sales were hit by inflation and a negative reaction by some customers, widely publicized on social media, to its Pride merchandise.
Can Grocery Stores Save the American Mall?
Between movie theaters, fitness centers and full-on amusement parks, American shopping malls have scrambled for years to attract new visitors to counter plummeting foot traffic. Even before the coronavirus struck, the concept of the mall — once so central to suburban life — was increasingly viewed as an anachronism.
Home Depot Posts Record Profit, Revenue
Home Depot is seeing sustained demand for goods related to home improvement projects despite soaring prices and mortgage rates for homes.