Keurig Dr Pepper Inc., in announcing its first-quarter results, reported a decline in coffee system sales attributed by the company to supply chain disruption. Coffee system net sales during the quarter of $1.09 billion marked a 4.3%, decline from $1.14 billion in the...
Walmart has opened its anticipated $220 million import distribution center in Ridgeville, SC, in an event featuring remarks from Henry McMaster, the state’s governor, and Mike Gray, the company’s senior vp supply chain operations, as well as facility associates and...
In his first shareholder letter as Amazon president and CEO, Andy Jassy stated that a new world with a bigger role had opened up for the company during the COVID-19 pandemic and Amazon is evolving to meet the challenges and opportunities of the times. In assessing the...
Bed Bath & Beyond posted a fourth-quarter net loss and a comparable sales decline versus 2020 and 2019, attributed in part by company management to global supply chain disruption that limited inventory availability during the quarter. The retailer’s net loss...
A survey by management consultants Consumer and Retail Group indicates consumers contacted in February and March were slightly more optimistic in their outlook than those surveyed in fall 2021, but overall sentiment regarding prospects remains cautious. CRG noted that...
