3PL and Omnichannel Logistics Perspectives, News and Updates from the NLS Team

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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