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Food & Beverage: Page 320

In Closing Some Stores, Staples Bets on Multichannel Retail Strategy

Staples announced a strategic growth plan that will accelerate the growth of its online businesses, restructure its internal organization and reduce its retail square footage in North America by 15 percent by the end of fiscal 2015. The retailer projects these changes will produce approximately $250m in pre-tax cost savings during this period.

Trailer Orders Improve in August, But Are Still Lackluster

Net orders for trailers improved in August, rising to 15,370 units. Applying August's seasonal factor brought the order total to 18,200 units.

It's Taken a Full Year, But Hard-Disk Production Back to Full Strength in Thailand

A year after a flooding disaster in Thailand took out a large portion of hard-disk drive production, the industry has fully recovered with shipments to the computer market expected to hit a record level this year.

Retail Industry in Transition to 'Wall-less' Omnichannel World, Study Finds

The retail industry may be transitioning to a "post-modern" consumer-centric era triggered by the speed of technological advancements, globalization and hyper-competition, both online and offline, according to a new report from PwC US and Kantar Retail, titled Retailing 2020.

The World's Most Ignored Trading Relationship

Daniel F. Lynch, director of international trade and transportation at Dalhousie University, reveals the importance of two-way trade between the U.S. and Canada - while offering a frank appraisal of the challenges that stand in the way of an ideal relationship.

U.S. Airfreight Industry Stagnating, Study Suggests

The U.S. airfreight market generated revenues of $28bn in 2011, a 7.4 percent, year-over-year, increase. Although a seemingly positive development, this figure is on par with the revenues the industry recorded in the 2000-2001 financial year. Such statistics show that the U.S. - despite the domination of integrators FedEx and UPS - isn't immune to the sluggishness affecting the global airfreight market, a new study conducted by Air Cargo Management Group asserted.

Retailers' Dream: Cellphones Revealing Consumers' Exact Location

For quite a few years now, retailers have salivated over the idea of mobile phones revealing exactly where shoppers are at all times. Retailers would know which displays customers are standing in front of, for how long and what actions they take right afterward. Unfortunately, even though mobile devices have advanced quite a bit recently, the ability to know location with any precision has been elusive.

Cost of Ground Transportation in Canada Dipped in July

The cost of ground transportation for Canadian shippers decreased by 0.5 percent in July when compared with June results, according to the Canadian General Freight Index.

Required FDA Food Facility Registration Window Runs from October to December of 2012

Under the provisions of the Food Safety Modernization Act of 2011, any facility that manufactures, processes, packs or holds food within the United States, and foreign food facilities that export to the United States must register with the FDA. Re-registration must be completed between Oct. 1 and Dec. 31 in even-numbered years.

Analyzing Retailer Data to Accurately Forecast Demand in Volatile Markets

Challenge: A large consumer products company faced demand volatility and increasing costs of holding inventory.

Coca-Cola, Global Fund Partner to Deliver Critical Medicines to Remote Areas in Africa

The Coca-Cola Company and the Global Fund to Fight AIDS, Tuberculosis and Malaria say they plan to leverage the company's global distribution system to help government and non-governmental organizations deliver critical medicines to remote parts of the world, beginning in rural Africa.

Unplanned Downtime Is the Greatest Source of Waste

Downtime is the enemy of lean. Downtime is, in fact, waste. Idled lines do not add value. Restarting production after unplanned downtime requires more effort, usually expended with less efficiency and worker productivity. This reintroduces waste, which creates added costs that customers do not pay for, yet must be absorbed into cost of goods sold.

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