Cracker Barrel avoids supply disruptions, sticks to China sourcing

Restaurant and gift-shop operator Cracker Barrel has seen a slowing rate of decline in sales in the most recent quarter with CEO Sandra Cochran noting “we were pleased with our sales trend and the sequential monthly improvements” seen in the past quarter. While the firm has previously been con... Read more →


JBS, WH Group lead phase 1 farm export surge

U.S. agricultural sales to China have surged as a result of the phase 1 trade deal between the two countries. Total export sales of soybeans signed year-to-date at Sept. 10 reached 24.9 million tons compared to 10.0 million tons at the same time in 2017 – the baseline for the trade deal. That’... Read more →


Ikea, Target load up on furniture as retail sales growth stalls

The U.S. retail recovery appears to have stalled with sales excluding autos and fuel rising by just 1.6% year over year in August after a 4.8% improvement in July. Furniture stores’ sales rose by 0.4% while electrical stores sales fell by 3.4%. While e-commerce retailers are doing better, the ... Read more →


Brexit Watch: Customs expedience now jeopardizes trade deals later

The latest round of negotiations between the EU and U.K. to formulate a new trade and customs arrangement for 2021 and beyond has once again failed to make significant progress. The EU is “intensifying its preparedness work to be ready for all scenarios” including a no-deal scenario should agr... Read more →


Peloton rides the stay-at-home exercise wave

Peloton, a maker of high end electronic workout equipment, announced its first ever quarterly profit on the back of a wave of rising demand for exercise equipment driven by the COVID-19 pandemic. Panjiva data shows that total U.S. imports of exercise equipment from China and other Asian countr... Read more →

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