ports


Retailers, Shippers Welcome Introduction of PORTS Act

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Washington—–In the aftermath of the West Coast port slowdown—which affected many retailers’ costs in the recent holiday … [Read more...]

West Coast Port Fiasco Over? Not So Fast…

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Contract negotiations between West Coast dockworkers and port management are finally over. But that doesn't mean congestion that … [Read more...]

DSW Gains as Q4 Earnings, Sales Beat Forecasts

DSW Promo: Slip on the Converse Chuck Taylor All Star High-Top Floral and hit the gas

Columbus, OH—Reporting its strongest comparable store growth in several years, DSW today posted a 10% increase in profit and sales … [Read more...]

Despite Q4 Sales Gain, Genesco’s Profit Squeezed by Margin Pressure

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Nashville, TN—Despite strong fourth quarter sales, Genesco Inc. said Thursday that its profit was hampered by “gross margin … [Read more...]

Imports Still Rising Even as West Coast Ports Work on Backlog

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Washington– Import cargo volume at the nation’s major retail container ports is expected to rise an unusually high 16.9% this … [Read more...]

Gap Inc. Q4 Earnings Beat Estimate as Old Navy Leads Sales Gain

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San Francisco—Gap Inc. reported Thursday afternoon a better-than-expected fourth quarter earnings helped by strong increases again … [Read more...]

Steven Madden Q4 Profit Drops But Better-Than-Expected

Founder Steve Madden to appear on HSN tonight to talk trends and the Brice platform

Long Island City, NY—Noting a lack of footwear trends in the market, Steve Madden Ltd. reported a fourth quarter earnings and … [Read more...]

Retailers Welcome West Coast Port Contract Agreement—Finally!

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Los Angeles—The 29 West Coast Ports, which account for most of the incoming Asian container imports, were back to a semblance of … [Read more...]

Obama Sends Labor Secretary to Intervene in Stalled West Coast Port Talks

Labor Secretary Tom Perez with President Obama

Washington—After months of haggling and stalls over a new labor contract at the nation’s 29 West Coast ports, which account for … [Read more...]

West Coast Ports to Close for 4 Days Amid New Calls for Obama to Intercede in Talks

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Los Angeles and Washington—As the crucial West Coast ports—which handle more than $1 trillion of imported goods each year—prepare … [Read more...]

Imports to East Coast Rise as Threat of West Coast Ports Shutdown Looms

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Washington–Import cargo volume at the nation’s major retail container ports is expected to rise 10.1% percent this month over the … [Read more...]

Retailers Tell Congress of Supply Chain Challenges at U.S. Ports

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Washington—With Valentine’s Day only days away, there’s no love letters being sent to President Obama, negotiators in the West … [Read more...]