Amazon has announced a new service intended to help address logistical challenges related to supply chain that are bedeviling its sellers. Meanwhile, the Teamsters union announced it had developed an internal division aimed at organizing Amazon’s logistics operation....
Slower spending by lower to moderate income consumers hit Ross Stores second quarter results even if lower earnings were better than Wall Street anticipated. For the second quarter that ended July 30, Ross Stores reported earnings of $384.5 million, or $1.11 per...
Although it wasn’t the best month for retail, economic activity in the services sector grew in July for the 26th month in a row, with the Institute for Supply Management Purchasing Managers Index registering 56.7%. Indeed, the July number pushed away from the 50% line...
The third quarter wasn’t exactly pretty for Sally Beauty as its sales and earnings slipped. Net earnings in the quarter were $46.6 million, or 43 cents per diluted share, versus $76.2 million, or 66 cents per diluted share, in the prior-year period. Adjusted for...
According to the Institute for Supply Chain Management, economic activity in the manufacturing sector grew in July, with the overall economy achieving a 26th consecutive month of growth. In the Manufacturing ISM Report On Business, Timothy Fiore, chair of the ISM’s...
