Chinese e-commerce and technology company Alibaba Group Holding Ltd and U.S. grocer Kroger Co have had early discussions on working together, including a meeting in which U.S. executives traveled to China, a source familiar with the matter said.
A Shortage of Trucks Is Forcing Companies to Cut Shipments or Pay Up
A nationwide truck shortage is forcing thousands of shippers into a tough choice: postpone all but the most important deliveries, or pay dearly to jump to the front of the line. (This article requires a subscription to the Wall Street Journal. To subscribe, please click on the above link.)
White House Says the “Stable” Dollar Reflects Strong U.S. Economy
White House spokeswoman Sarah Sanders said a stable U.S. dollar reflects the strength of the world’s largest economy and reiterated President Donald Trump’s support for market-determined exchange rates.
Canada unveils ideas to save NAFTA, Trudeau lobbies U.S. firms
Canadian negotiators at the NAFTA talks on Wednesday unveiled ideas to address contentious American demands for revamping the 1994 pact while Prime Minister Justin Trudeau urged top U.S. executives to back free trade.
Inside Oil Giant Shell’s Race to Remake Itself For a Low-Price World
Last March, Royal Dutch Shell said it was selling most of its stake in Canada’s oil sands, a vast project that has extracted millions of barrels of sticky, gooey hydrocarbons from the ground in a process that resembles mining more than drilling. The oil and gas giant announced that it was unloading its oil-sands assets, […]
Drewry: Asia-US Rates Recovering ahead of Contract Season
Although spot rates recovered in the Asia-US East Coast trade in the past few weeks, on the back of a demand growth in 2017, they remain well below the same period last year, according to Drewry.
NRF 2018: RETAIL’S BIG SHOW HIGHLIGHTS: LEADERSHIP AND INNOVATION
Over 35,000 retailers and industry partners came to the Javits Center in New York City for NRF 2018: Retail’s Big Show. Monday marked the second day of the show, with sessions highlighting innovative entrepreneurs, established brands and a range of new retail technologies. Here are some highlights.
CEO DOUG MCMILLON ON THE FUTURE OF WALMART
The National Retail Federation named Doug McMillon, CEO of Walmart, The Visionary at the NRF Foundation Gala on Sunday, honoring him for his contribution to the retail industry.
ReFED: Tackling food waste is an $18.2B opportunity for retailers
ReFED, in partnership with the Food Waste Reduction Alliance, has released a new Retail Food Waste Action Guide aimed at expanding voluntary food donation and organics recycling. “Food waste is an $18.2 billion opportunity for grocery retailers,” ReFED Executive Director Chris Cochran told Waste Dive. “There’s a business case here.”
What will grocery shopping look like in the future?
People will take a more active role in what they eat, have more opportunities to interact and know more about how food impacts their bodies, a pair of futurists said