News / Jittery US retailers remain cautious over their logistics commitments

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Logistics providers are finding the US retail sector a harder nut to crack this year.

Merchants are grappling with stubbornly high inventory and uncertainty over how much longer consumers can sustain spending in a high-inflation environment.

The US retail sector is set to see a minor ’dinosaur’ extinction event: according to one report, more than 800 ’big box’ stores, those with buildings exceeding 50,000sq ft, will close their doors this year.

They include Bed Bath & Beyond, Walmart, Gap and Party City, in ...