Children’s furniture retailer Land of Nod (LoN), owned by Crate and Barrel, closed its stores on January 29, Crain’s Business reports. While continuing a series of retail closures, including from Toys’R’Us in the kids-focused space as outlined in Panjiva research of January 24, there is a difference here in the LoN will continue to sell its products via an online presence.

An intent to continue the business, possibly combined with a supply chain shift to lower-cost sources of product, likely explains the rally in imports associated with LoN recently. Panjiva data shows imports rose 32.0% in the fourth quarter of 2017 on a year earlier, and increased a further 26.5% in January vs. the fourth quarter average. That left imports at a new record in the month of January.

Chart shows U.S. seaborne imports associated with “Land of Nod”. Source: Panjiva

LoN’s overseas suppliers are led by Yang Cheng (30.9% of volumes in the 12 months to January 30), Going Strong (28.0%) and Riches (14.3%) in wooden playroom and bedroom furniture and Mospen (5.2%) in lighting products.

Chart segments U.S. seaborne imports (denominated in TEUs) associated with “Land of Nod” by product (HS-6) and supplier. Source: Panjiva