Diversify carriers for holidays, retail spending soars, and Abercrombie names new CFO

Ian Sinclair

Ian Sinclair

EVP, Commercial Solutions

ISinclair@nls.ca

National Logistics Services
150 Courtneypark Drive West
Mississauga, Ontario

In turbulent economic times, a true logistics partner can scale up, optimize and help your fast-moving enterprise adapt and thrive. 

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Recently in Logistics; As the holiday season approaches, businesses face logistical challenges such as capacity shortages and delays. Retail spending is set to hit its highest since 2019, with a 32% rise per consumer, says JLL. Abercrombie & Fitch reported a 14% Q3 sales increase, reaching $1.2 billion. Traeger and Yeti are adjusting supply chains to counter potential tariff impacts. Nearly 30% of U.S. shoppers plan to gift beauty products, with prestige beauty sales up 7% to $22.8 billion.

As the holiday season approaches, businesses face logistical challenges like capacity shortages and delays due to high demand. Carrier diversification, using multiple shipping carriers, helps mitigate these risks by ensuring flexibility, cost efficiency, and reliable service. By leveraging regional expertise and scaling capacity, businesses can meet customer expectations for timely deliveries, including same-day options, and enhance satisfaction during peak times.

Holiday retail spending is set to hit its highest levels since 2019, with a 32% increase per consumer, according to JLL. Shopping centres are thriving as Canadians return to in-person shopping, drawn by immersive experiences and robust deal-seeking behaviour. With nearly all surveyed planning mall visits, the season is a critical time for retailers, who face high stakes but show strong growth and optimism heading into 2025.

Abercrombie & Fitch Co. reported a 14% rise in Q3 net sales to $1.2 billion, driven by strong performance across its brands. The company plans to expand and remodel stores while maintaining its momentum despite weather challenges. Robert Ball, a long-time executive, was promoted to CFO to support ongoing transformation efforts. With robust growth and improved margins, the company raised its full-year sales outlook to 14-15%.

Companies like Traeger and Yeti are adjusting their supply chains in response to potential tariff hikes under Trump’s administration. Traeger plans to expand production in Vietnam and may pass costs to customers, while Yeti focuses on internal supply chain efficiencies amid uncertainties. Businesses are exploring diverse strategies, from shifting manufacturing to price increases, to mitigate tariff impacts.

Nearly 30% of U.S. shoppers plan to buy beauty products as holiday gifts, with prestige beauty sales up 7% year-over-year, reaching $22.8 billion. Gen Alpha’s influence and higher-income households are driving growth, especially in fragrance and makeup categories. Retailers like Ulta, Sephora, and Amazon are expanding offerings and promotions to capture the season’s demand.

Are your logistics requirements being effectively addressed? As we head into 2025 let’s explore your eCommerce fulfillment strategies. You can book a brief call with our team of seasoned logistics professionals to evaluate your needs and formulate a customized plan to propel your business forward.

For quick and easy scheduling, here’s a link to my full calendar.

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NLS Logistics Team Communications
As a leading Third Party Logistics (3PL) firm, we have the strategic infrastructure, technology relationships, and insights to help Canadian and international brands reach and serve the Canadian market
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