Wal-Mart is a retail giant with more brick-and-mortar locations in the U.S. than any other brand. The company boasts “everyday low prices” and appeals to consumers looking to save money on groceries and household items. However, Wal-Mart’s online sales are not as high as the company desires. In August 2016, Wal-Mart announced that it will…
It’s typical for shipping rates to increase every year to accommodate employees’ annual salary increases and new technology upgrades. At the end of 2016, however, UPS, FedEx, and the United States Postal Service (USPS) increased their rates higher than what’s normally expected. It’s important to understand shipping rates when choosing a delivery service provider because…
It will still be a decade or more before driverless trucks and other vehicles are commonplace in the shipping industry, but Otto just made an important step towards this reality. The Uber subsidiary made the first revenue-generating shipment by driverless truck on October 20, 2016.
Kellogg’s is the largest cereal maker in the United States, but the company has recently switched its focus to snack foods. In October 2016, Kellogg’s announced its plan to acquire Parati Group, the leading Brazilian food producer and largest snack company in Latin America. The acquisition serves to further Kellog’s goals of expanding into emerging…
Gold is one of those precious metals that has remained popular throughout history. The demand for gold has gone up and down, but overall it has experienced an upward trend. The price of gold saw a sharp increase in 2016, and it’s proving to be resilient in foreign markets. Analysts continue to debate if the…
Reebok has been manufacturing shoes since 1958. The company has always focused on innovation, and it’s now changing the way that it designs and manufactures shoes. The new manufacturing process could mean Reeboks that boast better performance and lower costs.
Staple grains like wheat and rice were produced in record numbers in 2016. This high level of production has helped stabilize the global food market and keep the world food import bill low. This is good news for consumers who have faced increasingly higher prices for staple grains over the last few years.
As the company’s massive solar program indicates, Target takes corporate sustainability seriously. In 2016, the company exceeded Walmart in solar power production. Today, Target stands out as a solar leader in the retail industry. Check out how Target accomplished its solar goal and the impact and advantage this type of sustainability has on other companies.
Food waste is a major problem in the U.S. Business Insider reports that one-third of all food produced in the U.S goes to waste, which equals 133 billion pounds of food per year. Supermarkets are some of the worst offenders. Big brands like Walmart have been caught dumping food into the dumpster because it was…
Recalls can have damaging effects on a brand. Investors predicted that Samsung would learn this firsthand after recalling its Note 7 smartphone in October 2016. Many consumers lost trust in the brand, and Samsung has spent millions of dollars trying to alleviate the damage. Check out how Samsung handled the recall and what this means…