According to the Institute for Supply Management Report On Business, economic activity in the services sector, which includes retail, grew in September for the 28th month in a row, but the Purchasing Managers’ Index for the sector slipped to 56.7%. Although 0.2 of a...
Inflation will have a major impact on how consumers approach the upcoming holiday season, according to Bluedot, which tracks customer arrivals at stores and websites. In Bluedot’s third annual Holiday Shopping Habits report, based on a September survey of more...
To keep goods moving faster, Walmart will open a 400,000 square-foot high-tech consolidation center in Lebanon, PA, this month, which will use automation to move goods three times than has been traditional and help Walmart deliver the right product to the right store....
Macro pressures led to a third-quarter loss for Big Lots, but the company stated that it is well-positioned for the holiday season. The company posted a net loss of $4.3 million, or 14 cents per diluted share, for the quarter versus net income of $29.9 million, or 76...
Walmart announced plans to build two new high-tech facilities in the Dallas-Fort Worth area to support its growing supply chain network. A 1.5 million square-foot automated fulfillment center is set to open in 2023, and a 730,000 square-foot automated grocery...
