It’s no secret that consumer confidence has struggled alongside the economy’s manic behavior. Consumers find it hard to reconcile things such as high unemployment rates and record corporate profits. Throw in insecurities caused by new tax laws, the housing market, and other shifting economic features, and any economist would predict poor confidence.
Room service was once a staple of the hotel industry. In recent decades, though, something unsettling has happened: hotel guests feel ripped off by extravagant prices and yet hotels rarely make money by offering the service.
Overall, trucking companies had good news for their truckload profits as the first quarter of 2013 tallied up. ATA’s Truck Tonnage Index saw a 3.9 percent growth when compared to the same time period of 2012. However, the Cass Freight Index showed a lower growth on their calculations.
Reeling from the backlash following several factory tragedies in developing nations, many retailers have passed immediate and sweeping regulations to help improve the conditions in which employees of suppliers are forced to work in. However, obvious gaps in their proposals leave many wondering if these changes will be nearly enough to prevent more large-scale disasters.
Just as horrifying stories about factory collapses in Bangladesh and Cambodia, as well as the horsemeat scandal in the United Kingdom, hit the newsstands, a new report indicates that companies are woefully unaware of their suppliers. The new study, released by the logistics management company Achilles, indicates this lack of visibility is a serious threat…
The United Kingdom imposed stricter regulations on food advertisers in hopes of curbing youth obesity. There is a growing sentiment in the United States toward such legislation, aimed at reducing obesity and weight-related illnesses, such as type II diabetes. However, the latest research indicates the legislation had very little effect on actual ads viewed by…
If you’re investing in advertising efforts aimed at reaching the coveted age group of 18-34 year olds, you may want to reconsider your television and radio ads. According to a new survey conducted by Harris International on behalf of the on demand music streaming app Stitcher, Millenials are turning to on demand music and television,…
The term “outsourcing” usually brings to mind negative images including loss of control over key processes and lowering morale within the organization. However, businesses continue to outsource their travel procurement on a large scale, and new research tell us this is not likely to change anytime soon. In fact, many professionals in the industry are…
A new study released by Planning Perspectives, the 2013 OEM Supplier Study, suggests that the six biggest auto manufacturers are slipping back into the poor supplier relations that contributed to their problems. This is a serious issue, considering that these manufacturers pay suppliers about 60-70 percent of their gross revenues each year.
According to a report recently released by the analyst group Visiongain, the aluminum foil packaging industry should see strong growth between 2013 and 2023. The report, entitled “World Aluminum Foil Packing Market 2013-2023” cites developing markets as a primary source for driving this growth.