Logistics News
Freight recovery in 2025, real-time tracking evolves logistics, and P2P fashion rentals growth
Recently in Logistics; Fitch Ratings forecasts a gradual recovery for North American freight and logistics in 2025, following a challenging period. Advanced tracking technologies like cellular, Bluetooth, and RFID are enhancing real-time package visibility....
Shoppers to return $890B, Gen Z revives malls, and Lululemon sees 9% growth
Recently in Logistics; Shoppers are expected to return $890 billion in merchandise in 2024, accounting for 16.9% of retail sales, according to the NRF. Gen Z prioritizes in-person shopping for instant gratification and social connections, despite being digital...
Diversify carriers for holidays, retail spending soars, and Abercrombie names new CFO
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%...
Canadians spend more this holiday, AI faces retail challenges, and retail sales rise
Recently in Logistics; Holiday budgets in Canada are up 32% to $971, marking the largest increase since 2019, with shopping centres remaining a preferred destination. Generative AI is quietly transforming retail experiences, though most consumers remain unaware of its...
Uniqlo expands in Canada, Canadians prep for Black Friday, some stores thrive despite Amazon’s Presence
Recently in Logistics; Uniqlo is advancing its presence in Canada with five new stores this fall, expanding into Ontario, BC, and Quebec. This season, Black Friday stands as the premier shopping event, with 81% of young Canadians expected to take part. Independent...
Department stores struggle, holiday sales challenged, and fast delivery boosts Halloween demand
Recently in Logistics; Department stores are facing risk of closures as competition from TJX and Burlington rises. Retailers like Macy’s and Skechers are preparing for fewer shopping days and impacts from the upcoming election. Crowdsourced delivery is aiding...
NLS announced new fulfillment centre, Canadian business optimism grows, freight market braces for Hurricane Milton
Recently in Logistics: Our team announced our new fulfillment centre in Caledon, Ontario. American Express Canada reports 81% of small business owners are optimistic for 2024. Hurricane Milton causes freight disruptions, the third in two weeks. Drewry’s World...
Canadian apparel e-commerce grows, Lolë acquires Louis Garneau, and Dollarama gains shoppers
Recently in Logistics: A new report shows, Canada’s apparel e-commerce market fell 2.2% to C$6.9 billion last year. Lolë has acquired Louis Garneau Sports to expand its sportswear line. Dollarama's revenue rose 7.4% to $1.56 billion, Zara will launch its secondhand...
Inflation impacts back-to-school, online fraud rises, and Deloitte forecasts modest holiday growth
Recently in Logistics: Inflation rates have affected 73% of back-to-school shoppers, PacSun is dealing with an increase in fraudulent returns, Deloitte predicts holiday sales will only grow from 2.3% to 3.3%, Retailers are turning to AI and social media, with 57% of...
Retail spaces become entertainment hubs, rental rates surge, and basketball concept at NYC flagship
Recently in Logistics; Shopping centres are evolving vacant spaces into vibrant entertainment hubs as UK department stores shut their doors. In Canada, retail businesses are experiencing rent increases. Foot Locker’s flagship store in NYC has reopened and teamed up...
Back-to-School: In-Store Trends, Supply Chain Risks, & Customer Retention
A Retail Council of Canada survey shows 72.7% of consumers will spend over $50 on back-to-school shopping in 2024, with 85% maintaining or increasing their budget. Retailers face supply chain issues from wildfires and delays, risking shortages. Shoppers are...
Reclaiming Middle-Class Shoppers, Millennials’ Luxury Spending, & Ray-Ban’s $1.5B Move
Rising prices have led middle-class customers to shy away from luxury brands, impacting profits. Meanwhile, affluent Millennials are driving luxury item purchases, with 63% buying and 51% planning to spend more. EssilorLuxottica’s $1.5 billion acquisition of Supreme...
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