Marcia Savage
Managing Editor at The Future of Commerce
Managing Editor at SAP Software Solutions
Managing Editor, Future of Customer Engagement and Experience at SAP. Views expressed are my own.
Articles
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1 week ago |
the-future-of-commerce.com | Marcia Savage
0 shares Listen to article Port officials on the West Coast are bracing for a dramatic drop in cargo shipments as new U.S. tariffs on imported goods take effect. From Seattle to Los Angeles, trade data reports indicate sharp declines in cargo coming from Asia in May as companies cut imports in the wake of President Donald Trump’s tariffs.
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2 weeks ago |
the-future-of-commerce.com | Marcia Savage
0 shares Listen to article Dropshippers are scrambling for other suppliers as the U.S. moves closer to eliminating its de minimis exemption for imports worth less than $800 from China and Hong Kong. Termination of the loophole, included in a raft of tariffs and trade policies issues by the Trump Administration, is set to close for Chinese imports May 2. The end of de minimis threatens to take a big bite out of the profits of dropshippers who rely on Chinese suppliers.
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1 month ago |
the-future-of-commerce.com | Marcia Savage
With consumer confidence plummeting this year, shoppers are cutting back on all sorts of purchases—even those normally irresistible sweet and salty treats. Snack food sales are dropping as consumer products companies grapple with shifting consumption patterns. Major companies in the CPG industry are experiencing declining snack sales, including General Mills, which reported a 5% drop in net sales for its third quarter and lowered its outlook for the year.
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2 months ago |
the-future-of-commerce.com | Marcia Savage
0 shares Listen to article Five years after COVID upended everyday grocery shopping, nothing’s gotten any easier for grocers. Inflation-weary consumers, tariffs, and growing competition factor into the top grocery retail trends 2025. Any hope for a semblance of a return to normal after the pandemic chaos was quickly dashed by rising prices that had consumers cutting back on spending and searching for deals.
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2 months ago |
the-future-of-commerce.com | Marcia Savage
COVID had everyone talking about supply chains. Five years later, volatile business conditions with sweeping tariff changes are putting supply chain risk back in the spotlight. We started the year with US tariffs threatened or imposed on geopolitical friends and frenemies alike, for reasons ranging from countering trade imbalances to applying pressure to stop of the flow of migrants and fentanyl. There’s the potential end of duty-free treatment of a billion low-cost packages a year.
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Port officials are sounding the alarm about a steep drop in shipments due to new tariffs on Chinese imports, and the cascading effect on businesses, consumers, and the economy. https://t.co/QGvB9KrJNf
Dropshippers are scrambling for other suppliers as the U.S. moves closer to eliminating its de minimis exemption for imports worth less than $800 from China and Hong Kong. https://t.co/O5QzZXK3Rm
GenZ is forcing the wholesale distribution industry to change by focusing on personalization, omnichannel, and self-service. https://t.co/QcDIZVttq3