Target announced plans Tuesday to cut prices while hanging on to aspects of the “Tar-zhay” image that’s endeared it to customers. The retailer has made good progress rolling out new brands, tailoring stores to local markets and improving Target’s ability to cater to customers shopping both online and in stores, but it’s clear from their […]
It’s a tough time to be a retailer in the U.S. And in a recent report, analysts at S&P Global Ratings said that 2017 could be a “tipping point” for the struggling industry as financial outlooks — particularly for apparel retailers — grow increasingly bleak.
Yesterday, Target became the latest retailer to report weak earnings and shrinking physical store sales. They certainly won’t be the last. As more leading retail brands disappoint on both the top and bottom lines–and announce scores of store closings–analysts and investors may conclude that brick-and-mortar retail is going they way of the horse-drawn carriage.
At some point, almost every retailer will face a public relations episode that requires attention. Experts say that learning how to respond — and how not to respond — can turn a bad situation around.
Shipment volumes for the month fell 6.4 percent from December due to “normal seasonality,” but were up 3.2 percent compared with the same 2016 period, the second year-over-year increase in as many months, according to the latest Cass Freight Index Report.
United States trade with its North American Free Trade Agreement (NAFTA) partners Canada and Mexico rose 0.4 percent annually to $87.1 billion, according to data issued by the Department of Transportation’s Bureau of Transportation Statistics (BTS), which was released this week.
Semi-autonomous Level 3 trucks will be ubiquitous on America’s highways within 5-10 years; driverless Level 5 vehicles some time after that.
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending February 18, 2017. For this week, total U.S. weekly rail traffic was 531,123 carloads and intermodal units, up 6.8 percent compared with the same week last year.
January was kind to Boeing in terms of freighter aircraft orders – especially if you consider the 767-200C a freighter. To start, Istanbul-based Turkish Airlines converted two 777 passenger aircraft orders to freighters, and an unidentified customer ordered one 777F.
After a three-year wait, the LM-100J has finally arrived on the commercial market. Last week, Lockheed Martin rolled out the first of these propeller-driven, modified military aircraft, known as “Super Hercules Commercial Freighters.” Lockheed expects the freighter’s first flight to happen this spring.
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