Retail Import Volume Sinks to 5-Year Low

"Cargo that came across the docks in March is in the stores now, so these numbers show us that retailers expect slow sales this spring and summer, and have been cautious in the amount of merchandise that they've ordered," NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. "Month-to-month numbers are rising but we're still expecting significantly lower quantities of merchandise being imported than we saw last year."