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Think Tank
Consumer Packaged Goods: Page 131
HPE Rolls Out Products to Enable IoT Adoption
Hewlett Packard Enterprise has announced several software and hardware products to more securely manage the exploding universe of Internet of Things devices. October's Mirai botnet attack on unsecured IoT devices, which halted widespread access to dozens of popular internet sites, dramatizes the value of more comprehensive management and control of IoT, HPE executives said.
Wal-Mart's Labor Scheduling Overhaul Could Transform Retail
Wal-Mart has announced it will change employee scheduling systems and processes across 650 of its U.S. stores - with the goal of improving peak hour staffing and provide more predictability over hours for employees.
McDonald's Alters Supply Chain to Swap Frozen Patties for Fresh Beef
McDonald's Corp. is expanding a program that ditches frozen patties in favor of fresh beef, making another break with decades of fast-food practices in a bid to revitalize the chain. Fresh beef is now being used in some sandwiches in more than 75 restaurants in the Tulsa, Oklahoma, area, McDonald's said in a statement, extending trials that began in the Dallas-Fort Worth region, where the company is preparing fresh beef in 55 locations.
California Vehicle Sales Stall After Years of Sustained Growth
By the slimmest of margins, California's remarkable winning streak for sales of new cars, trucks and SUVs has finally come to an end, falling just short of reaching six years of sustained growth.
Textile Index: Cotton, Polyester and Wool Prices on the Rise
Declining cotton production last season has led to prices rising year-on-year, according to Mintec's latest textile index. Yet, U.S. production in the current season is likely to rise by 25 percent and reduce pressure on prices.
Global Parcel Shipping to Grow 20 Percent by 2018, Study Says
Parcel shipping volume will grow annually at 5 to 7 percent between now and 2018, for a total increase of 20 percent, with the biggest gains coming in cross-border shipping, according to a study from Pitney Bowes.
Beyond Black Friday: New Challenges for Holiday Retailers
This year's Black Friday and Cyber Monday were bigger than ever. But the numbers could be concealing an underlying trend away from those key dates in the retail calendar.
U.S. Third-Quarter Growth Revised Upward on Consumer Spending
The U.S. economy expanded more than previously reported last quarter on a sunnier picture of household spending, the primary growth engine. Gross domestic product rose at a 3.2-percent annualized rate in the three months ended in September, the fastest in two years, compared with an initial estimate of 2.9 percent, Commerce Department figures showed last week. The median forecast in a Bloomberg survey called for a 3-percent gain.
Transplace Acquires Canadian 3PL Lakeside Logistics
Transplace, a provider of transportation management services and logistics technology, has announced its acquisition of Lakeside Logistics, a Canadian-based logistics services company. This acquisition expands Transplace's presence throughout North America and supports its strategic growth in order to meet the supply chain needs of its growing customer base, the company says. Terms of the transaction were not disclosed.
Zara's Recipe for Success: More Data, Fewer Bosses
Deep inside a sprawling glass-and-cement edifice the size of an airplane hangar in the Spanish town of Arteixo, 10 designers swarm around a model dressed in cropped gray trousers and a double-breasted navy blazer. Sweaters, shirts and suits are spread out on the white-tile floor, while seamstresses in white labcoats stitch prototypes nearby. "It's classic, but it's new at the same time," says a woman from China. "I'm not sure about the bold patterns," counters a British woman, dressed in white sneakers and a flowing skirt. Others nod their assent or express doubt.
Airbus Hopes to Deliver Up to 80 A350 Aircraft in 2017
Airbus tentatively aims to deliver as many as 80 A350 jetliners in 2017, two sources familiar with the plans have said. The target marks a new stage in ambitious plans to raise output of the company's newest long-haul jet to 10 a month in 2018, but depends mainly on how successful suppliers will be in curbing delays in cabin equipment.
Dialing Up Deals: Black Friday Online Sales Hit New High
Holiday shoppers eager to snag big discounts turned to the internet in record fashion this week, one tracking company said, driving online sales on Black Friday to a new high. Consumers spent $3.34bn shopping online on Friday, a 21.6 percent increase from the same day last year, according to Adobe, which tracks online retail transactions.
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