Supply chain pressures ease — Reuters.com
New York Fed data shows that global supply chain pressures eased in May, with all regions reporting below-average levels: “The New York Fed said on Tuesday that its latest Global Supply...
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Spark Driver celebrates five year anniversary — Walmart.com
Walmart’s Spark Driver platform now operates in all 50 states and reaches 84% of U.S. households: “In the past five years, the Spark Driver platform has grown to operate in all 50 U.S....
READ MOREWalmart tops Fortune 500 — Yahoo! Finance
Walmart once again tops the Fortune 500 list: “There was some jostling atop the list in 2023, but Walmart held the top spot for the eleventh year in a row, generating $5.7 trillion cumulative...
READ MOREStore No. 8 & Outlier Ventures launch accelerator program — StoreNo8.com
Store No. 8, Walmart’s tech incubator, and Outlier Ventures have launched a new accelerator program to support startups working in Web3: “This dedicated accelerator program will...
READ MOREAnalysts: 2023 recession unlikely — CNN.com
Analysts now believe that a recession won’t hit in 2023. Their reasoning? The job market is too strong: “Hiring unexpectedly accelerated again last month, with employers adding an...
READ MOREMajor retailers scaling down logistics operations — Wall Street Journal
Walmart’s recent decision to lay off distribution center staff is part of a larger industry trend: “Discount retailer Big Lots and big-box chain Walmart are among companies that have...
READ MOREWalmart’s star-studded celebration — Axios.com
Walmart’s annual Associate Celebration in Arkansas featured performances by A-list stars as well as inspiring messages from its executives: “The annual event is the single largest...
READ MOREWalmart sets high goals for international sales — KFGO.com
Walmart reiterated its goal of doubling international gross merchandise sales in five years by investing in new stores, e-commerce, and supply chain capabilities: “McKenna said she expects...
READ MOREWalmart Connect pilots in-store product demos — ChainStoreAge.com
Walmart is piloting two new in-store ad formats, a digital shelf and a video wall, to help advertisers reach customers in stores: “Walmart Connect is bringing in-store demonstrations that offer...
READ MOREUsing Chat GPT in supply chain management — Forbes.com
Supply chain professionals are optimistic that AI has potential for improving and streamlining processes: “He also believes ChatGPT could be used to help configure a WMS. If the bot is trained...
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