PLUS+ Login


To log into your PLUS+ Account, complete and submit the information below.

Not a PLUS+ subscriber already? Become one now.


For assistance with your PLUS+ subscription, contact customer service.

Premium access to exclusive online content,
companion digital editions, magazine issues and
email newsletters. Subscribe Now.



Become a PLUS+ subscriber and you'll get access to all Supply Chain Management Review premium content including:

  • Full Web Access. All feature articles, bonus reports and industry research through scmr.com.

  • 7 Magazine Issues per year of Supply Chain Management Review magazine.

  • Companion Digital Editions. Searchable replicas of each magazine issue. Read them in any web browser. Delivered by email faster than printed issues.

  • Digital Editions Archives. Every article, every chart and every table as it appeared in the magazine for all archive issues back to 2009.

  • Bonus email newsletters. Add convenient weekly and monthly email newsletters to your subscription to keep your finger on the pulse of the industry.

PLUS+ subscriptions start as low as $109/year*. Begin yours now.
That's less than $0.36 per day for access to information that you can use year-round to better manage your entire global supply chain.

For assistance with your PLUS+ subscription, contact customer service.

* Prices higher for subscriptions outside the USA.

You have been logged out of PLUS+

For assistance with your PLUS+ subscription, contact customer service

Need to access our premium PLUS+ Content?
Upgrade your subscription now.

Our records show that you are currently receiving a free subscription to Supply Chain Management Review magazine, or your subscription has expired. To access our premium content, you need to upgrade your subscription to our PLUS+ status.

To upgrade your subscription account, please contact customer service at:

Email: [email protected] Phone: 1-800-598-6067 (1-508-663-1500 x294 outside USA)

Become a PLUS+ subscriber and you'll get access to all Supply Chain Management Review premium content including:

  • Full Web Access. All feature articles, bonus reports and industry research through scmr.com.

  • 7 Magazine Issues per year of Supply Chain Management Review magazine.

  • Companion Digital Editions. Searchable replicas of each magazine issue. Read them in any web browser. Delivered by email faster than printed issues.

  • Digital Editions Archives. Every article, every chart and every table as it appeared in the magazine for all archive issues back to 2010.

  • Bonus email newsletters. Add convenient weekly and monthly email newsletters to your subscription to keep your finger on the pulse of the industry.

PLUS+ subscriptions start as low as $129/year*. Start yours now.
That's less than $0.36 per day for access to information that you can use year-round to better manage your entire global supply chain.

This content is available for PLUS+ subscribers.


Already a PLUS+ subscriber?
To begin or upgrade your subscription, Become a PLUS+ subscriber now.

For assistance with your PLUS+ subscription, contact customer service.

Sorry, but your login to PLUS+ has failed.


Please recheck your login information and resubmit below.



For assistance with your PLUS+ subscription, contact customer service.

Subscribe to our free, weekly email newsletter!


April retail sales data issued by Commerce and NRF heads up

By Jeff Berman
May 12, 2017

Data issued today by the United States Department of Commerce and the National Retail Federation (NRF) for April retail sales were similar in that they showed mild sequential gains and larger annual gains.

Retail sales represent somewhere around two-thirds of all economic activity, and that U.S. retail sales contribute around 14 percent, or $2.6 trillion to U.S. GDP. That is a major number and clearly cannot be overlooked, especially when looking at how closely connected retail and consumer activity is tied to the freight transportation and logistics sectors on so many fronts, including trucking, intermodal, parcel, ocean, air, and e-commerce.

Commerce reported a 0.4 percent increase from March to April at $474.9 million and a 4.5 percent gain over April 2016. The sequential gain marked an improvement over a 0.1 percent increase from February to March, and the annual gain was off from a 5.2 percent annual increase in March. And total retail sales from February through April were up 4.7 percent annually, according to Commerce. 

The NRF reported that April retail sales, excluding automobiles, gas stations, and restaurants, saw a 0.3 percent seasonally-adjusted increase over March, and were up 3 percent on an unadjusted annual basis.

The NRF added that on a three-month moving average, retail sales have grown 2.6 percent annually. April retail sales, it explained, were driven by online and other non-store sellers, electronics stores, and building materials and supplies. Compared to April 2016, the clothing and accessories segment was up of 1.7 percent, and general merchandise was up 0.8 percent.

April online and other non-store sales (e-commerce) headed up 1.4 percent on a seasonally-adjusted basis over March and were up 9.4 percent on an unadjusted basis annually, the NRF said. Commerce reported that nonstore retailers April sales increased 11.9 percent annually. 

“While the interplay between consumer confidence and spending is difficult to gauge, retail sales trends and recent consumer sentiment readings are consistent with a pickup in the pace of the economy in the coming months,” NRF Chief Economist Jack Kleinhenz said in a blog posting. “Retailers are multi-tasking as they attempt to get the right mix among products, inventory, employment, promotions and use of technology. The housing recovery has been an important variable in consumers’ willingness to spend. Low retail price inflation has continued, drawing in shoppers but providing heartburn to the bottom line for many retailers.”

This data follows recently announced 2017 retail sales projections from the NRF, calling for an annual gain in the 3.7-to-4.2 percent range, with online and other non-store/online sales (which NRF includes in its over all number) to head up between 8 and 12 percent.

While not a direct comparison, NRF’s 2017 projection would top the 3.3 percent annual gain in retail sales from 2015 to 2016, based on data issued by the United States Department of Commerce.

As previously reported, the NRF offered up various data points supporting its thesis for retail sales growth in 2017, including:
-the economy is expected to gain an average of approximately 160,000 jobs a month, which it said is down slightly from 2016 but consistent with labor market growth;
-unemployment is expected to drop to 4.6 percent by the end of the year; and
-economic growth is likely to be in the range of 1.9 to 2.4 percent

And it offered up a caveat in that the “forecast is a baseline and does not take into account new fiscal measures pending in Washington.”

That is important to consider when considering, as NRF President Matthew Shay pointed out, that 2016 finished with strong momentum as jobs and income saw growth, coupled with debt staying on the lower side. But the optimism is quelled to a degree, he noted, in that while consumers appear to have the resources to spend more than in the past, there is likely to be some hesitancy until there is more clarity in regards to policy changes regarding taxes, trade, and other issues.

With consumer spending accounting for around two-thirds of all economic activity, that commensurate growth, or projected growth, is contingent on consumers being able to change behavior, or, in other words, consistently spend more. 

IHS Markit Senior Research Director Sara Johnson was relatively optimistic about April’s retail sales performance.

“Retail sales increased a solid 0.4% in April, better than the slim 0.1% gain in March but not the breakout performance markets had hoped to see,” she commented in a research note. “With today’s CPI report showing goods prices up just 0.1% in April after a 0.7% drop in March, inflation-adjusted retail sales are clearly on an upward trajectory entering the spring quarter. The near-term outlook for consumer spending remains favorable: rising employment, real incomes, and household wealth should fuel a pickup in growth. Yet, with April sales a bit weaker than anticipated, we are trimming our projected of annualized growth in real consumer spending during the second quarter from 3.4% to 3.1%.”

 


About the Author

image
Jeff Berman
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff joined the Supply Chain Group in 2005 and leads online and print news operations for these publications. In 2009, Jeff led Logistics Management to the Silver Medal of Folio's Eddie Awards in the Best B2B Transportation/Travel Website category. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. If you want to contact Jeff with a news tip or idea, please send an e-mail to .(JavaScript must be enabled to view this email address).

Subscribe to Supply Chain Management Review magazine

Subscribe today. Don't miss out!
Get in-depth coverage from industry experts with proven techniques for
cutting supply chain costs and case studies in supply chain best practices.
Start Your Subscription Today!

Recent Entries

Planning took center stage at the Best of the Best conference. But attendees acknowledged recognition of its benefits is far from certain.

Navis, a part of Cargotec Corporation, told supply chain managers charged with keeping abreast of the latest changes in automation. But in a subsequent report released this week, analysts say that some sectors of the industry continue to resist.

The maritime industry and broader ocean supply chain are suffering from major and costly inefficiencies due to ineffective data sharing and poor cross-industry collaboration, according to a new report and industry survey released today by the Business Performance Innovation (BPI) Network in coordination with Navis and XVELA, both part of Cargotec

Robots need to be built, programmed, customized, maintained, serviced and continuously updated. This requires logistics planners, hardware designers, engineers, computer programmers, materials management specialists, and a multitude of other technicians.

The advent of the Industry 4.0 brought with it the next phase in the digitization of the manufacturing sector.

Article Topics

News · retail sales · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2017 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA