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This post was written by Elizabeth A. Reid

Report: Retail Container Traffic to Increase 10 Percent in May

Friday, May 14th, 2010

According to the latest monthly Global Port Tracker report, released by the National Retail Federation (NRF) and Hackett Associates, import cargo volume at the nation’s major retail container ports is expected to be up 10 percent in May, and double-digit increases are expected moving into the fall.

In March, the latest month for which actual numbers are available, U.S. ports handled 1.07 million Twenty-foot Equivalent Units (TEU), a 7-percent increase compared to February, and a 12-percent increase compared to March 2009. One TEU is one 20-foot cargo container or its equivalent. March was also the fourth month in a row to show a year-over-year improvement.

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This post was written by Elizabeth A. Reid

NRF: Shoppers to Spend Less on Gift Cards

Thursday, November 19th, 2009

According to the National Retail Federation (NRF), holiday shoppers plan to spend less on gift cards and recipients can expect cards with lower monetary values. The study by the NRF, part of the 2009 Holiday Consumer Intentions and Actions Survey, reported that holiday shoppers will spend an average of $139.91 per person, compared to $147.33 last year.  The average value per card, stated the survey, would be $39.80, compared to $40.54 in 2008.

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This post was written by Elizabeth A. Reid

Discounts Most Important Factor for Holiday Shoppers Says Survey

Tuesday, October 20th, 2009

Holiday shoppers are expected to spend an average of $22.27 dollars less than last year, a 3.2 percent drop, according to the National Retail Federation’s 2009 Holiday Consumer Intentions and Actions Survey. According to the survey, price discounts (43.3 percent) and everyday low prices (12.7 percent) will be the most important factors when decided where to shop. Other factors include selection (21 percent), quality (11.8 percent), convenience (4.9 percent), and customer service (4.4 percent).

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