Walmart Inc. is hitting some suppliers with two new charges as it struggles to soften the blow of surging transportation costs.
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Amazon Names New Head for Troubled Retail Business
Amazon CEO Andy Jassy on June 21 named a new head for the company’s troubled retail business, which is dealing with a glut of warehouse space after a massive expansion during the pandemic.
June 21, 2022Walmart to Add Four E-Commerce Warehouses to Speed Deliveries
Walmart Inc. announced plans to build what it said would be a “high-tech” fulfillment center in Joliet, Ill., which is 45 miles southwest of Chicago.
June 3, 2022Walmart, Others Amass $45 Billion in Extra Stuff to Sell
Big retailers rushed to build up inventories last year amid soaring consumer demand and transportation bottlenecks — going so far in some cases as to rent their own cargo ships. Now, they’re trying to figure out how to sell all their stuff.
May 31, 2022Walmart Expands Drone Delivery in Six States
Walmart soon will expand its drone delivery program across six states: Florida, Arizona, Arkansas, Texas, Utah and Virginia. Drone hubs will be set up at 34 sites by the end of the year.
May 25, 2022Amazon to Sublease Warehouses as Online Shopping Slows
Amazon is planning to sublease some of its warehouse space now that the pandemic-fueled surge in online shopping, which helped the e-commerce giant rake in soaring profits in the past two years, has eased.
May 24, 2022Daimler to Deploy 800 eCascadias to Sysco
Food service distributor Sysco Corp. and Daimler Truck North America jointly announced Sysco’s letter of intent to deploy 800 battery-electric Freightliner eCascadia Class 8 tractors by 2026.
May 19, 2022Walmart Profit Drags as Inflation Takes a Bite
NEW YORK — Walmart reported stronger sales for the first quarter, but its profit took a beating as the nation’s largest retailer grappled with surging inflation on food and fuel and higher costs from a snarled global supply chain.
May 17, 2022New York Appeals Court Dismisses Suit Against Amazon
NEW YORK — An appeals court in New York dismissed New York Attorney General Letitia James’ lawsuit against Amazon over its coronavirus safety protocols and a former employee who led the successful union organizing effort on Staten Island.
May 10, 2022Amazon to Shutter Six Whole Foods Stores
Amazon.com Inc. will close six Whole Foods Market locations in four states, almost two months after shutting dozens of bookstores and gift shops around the country.
May 2, 2022