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3PL Logistics Trends and News
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...