Tag: supply chain

The Supply Side: Walmart nurtures leadership with free education, training

With more than 1.6 million U.S. employees, Walmart seeks to overcome workforce challenges and avoid a talent war. The retailer hopes to grow the next generation of leadership by offering free college education and workforce training in its academies.

Walmart CEO Doug McMillon started his retail career as a summer seasonal worker unloading trucks at a Walmart distribution center. Walmart U.S. CEO John Furner began his Walmart career as an hourly employee in the garden center at Store 100 in Bentonville to earn extra money as a college student.

“David Glass used to say anyone can have multiple careers inside Walmart because of the company’s size and scale, and that was before Walmart became a half-trillion international business, with one of the fastest growing advertising businesses in the country, a third-party logistics service provider, fintech partner, healthcare provider and technology powerhouse,” said Scott Benedict, affiliate partner with McMillanDoolittle retail consultancy.

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Amazon Blows Out End-to-End Supply Chain Offering

If there’s anyone who can grab the brass ring of a true end-to-end supply chain offering, which many providers have talked up for years and worked to cobble together, the smart money would be on Amazon, as the company awaits the hammer drop of an FTC antitrust action.

Ahead of its Accelerate seller conference in Seattle, running today and Thursday, Amazon announced a raft of interconnected services Tuesday, branded as Supply Chain by Amazon. It handles everything from logistics and forwarding from point of origin all the way to the customer’s door. For the first time, Amazon is offering its sellers bulk storage, distribution and replenishment across channels from the same optimized inventory pool, including retail stores.

In essence, Amazon is building a walled garden of supply chain and logistics services such that its sellers, who make up more than 60% of Amazon.com sales, incented through programs and discounts, need

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Faller’s Furniture continues to evolve through 175 years in business | News

CLARION – Perhaps one of the secrets to staying in business for 175 years, as Faller’s Furniture and Design in Clarion has done, is adaptability. After all, that business has gone through its share of changes since beginning operations in 1847.

“Fallers started in Fryburg with my great-grandfather building wagons and coffins and making furniture. It evolved into a furniture, funeral home business,” noted Greg Faller, the fourth generation of the Faller family to own the business. “The biggest change in my time was streamlining the business down to just furniture, we also still do custom drapery. When I was growing up we were selling small TVs and pianos, selling appliances, paint, cutting glass. Selling wallpaper was huge back in the day.”

Not only did the nature of Faller’s furniture business change, so did its location — moving from Fryburg to Clarion in 1999.

On that move, Faller said, “A

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Will Business Momentum Aid Home Depot (HD) Amid Cost Woes?

Home Depot Inc. HD has been gaining from strong demand for home improvement projects, robust housing market trends and ongoing investments. The company has been benefitting from continued strength in both Pro and DIY categories, as well as digital momentum. Its interconnected retail strategy and underlying technology infrastructure have helped consistently boost web traffic for the past few quarters, aiding digital sales.

The investments and endeavors have helped deliver consistently strong earnings performances. The company reported sales and earnings beat for the ninth straight quarter in second-quarter fiscal 2022. The top and bottom lines also improved year over year. The company’s results represented the highest-ever sales and earnings in its history.

However, Home Depot reported a soft gross margin in the fiscal second quarter, driven by higher supply-chain investments. Higher inventory levels and interest expenses also remain concerning.

Shares of Home Depot have lost 4% in the past three months

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How Legacy Farming And Single-Sourced Innovation Led To Fresher, Better Cannabis At Raw Garden

In 5th grade, I had the opportunity to live on an Amish farm for a week in Pennsylvania. I was a suburban kid who had never been to a farm before. Laboring on that farm for a week, solely using hand tools without any electricity, taught me plenty about hard work. I remember being so exhausted when I went to bed I could barely move—only to wake up before dawn and do it all over again. This ingrained in me a lasting respect for farmers.

Decades later, when I co-owned and operated HarborsideI became close to a lot of cannabis growers. Raw Garden was one of the companies we carried on the shelves then, and still do today. I’ve always been impressed with their ability to make consistently good hash at affordable prices. This is a brand that has stood the test of time and

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William Blair says buy Wayfair as furniture company can weather a housing market slowdown

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