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Supply Chain Bottlenecks Impact Shipments To Stores, Warehouses

PYMNTS

The executive also noted that operations at the firm’s storage facilities and those of wholesale clients “have been slower just due to some labor shortages and other disruption due to Covid.”. In August, international container shipping volumes were up 34.2 percent as compared to February, WSJ reported, citing Container Trade Statistics.

National 161
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Walmart May Be Looking To Sell Off Its Japanese Business

PYMNTS

Walmart has been operating in Japan for the last 16 years — a time described as “tumultuous” by the Financial Times ( FT ). According to FT reports, Walmart has been approaching bankers to explore an exit by sale from Japan, as the international retail giant is seeking to divest itself of the struggling Seiyu supermarket chain.

eBook 100
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Wayfair’s Way Forward In A Crowded Field

PYMNTS

So small, in fact, that when it first started in 2002, the entire operation fit easily into the spare bedroom of Co-founder Steve Conine’s Boston home. But we knew we wanted to build a nationally known mass retailer.”. As of today, that one-room idea has grown to $6.6

Boston 101
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The Real Hunger Games: A Battle Royale In The Grocery Aisles

PYMNTS

Once the 24 competitors (tributes) get to the games, they then battle to the death for a national audience that is required by law to watch the games. online grocery sales since 2017, the largest share of any single retailer and double its closest competitor. According to the Harris Poll, Amazon is the most trusted U.S.

Branding 101
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Wayfair’s Burgeoning Home Goods Ecosystem

PYMNTS

In fact, in its founding days back in 2002, Wayfair fit comfortably in the spare bedroom of Conine’s Boston-area home. Two years ago, when conversations about the uses for augmented and virtual reality technology were mostly limited to the gaming industry, Wayfair was among the first out of the gate to apply the technology to retail.

Boston 100
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The Rumble In Big Retail’s Jungle

PYMNTS

The Rumble In The Big Retail Jungle. Last week, the biggest retailer in the world by revenue, Walmart, made an announcement that made it clear that it’s really not that interested in ceding the title of world’s biggest retailer to a younger, and nimble challenger named Amazon. A Retailer On The Ropes?

Retail 100
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Banking's Top 5 in Total Return to Shareholders: 2017 Edition

Jeff For Banks

billion of assets and operates twenty five branches in the western suburbs of Chicago. The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. Positive operating leverage!