NRF Forecasts 1.5% December Imports Rise in Prep for Holiday’s ‘Final Days’
December imports at major retail container ports in the U.S. are expected to increase 1.5 percent compared with December a year ago, suggesting that retailers are restocking in preparation for the holiday selling season’s “final days,” said the National Retail…
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Federation Friday in its monthly tracker report. With the expected December rise in imports, NRF forecasts the year “should end with a healthy 6.4 percent increase over 2016,” it said. “Retailers are doing last-minute restocking as consumers head toward the finish line of the shopping season, but the majority of holiday merchandise is already in the country and ports are beginning to quiet down.”