Today’s Top Supply Chain and Logistics News From WSJ
Delivering up-to-the minute news, analysis, interviews and explanatory journalism on logistics, supply-chain management, e-commerce and more
A crackdown by the People’s Bank of China on wagers against the yuan propelled the currency to its largest-ever two-day gain against the dollar, highlighting the rising tension in foreign-exchange markets over the outlook for China.
The number of Americans who applied for first-time unemployment checks fell sharply last week to one of the lowest levels in four decades, bolstering the Federal Reserve’s view that the labor market is tightening.
Hedge-fund manager Edward Lampert has pumped another $1 billion into his years-long effort to revive Sears, but the CEO’s latest financing is just another short-term fix for the struggling retailer.
Monsanto returned to profitability in its latest quarter as executives said its planned $57 billion sale to Bayer remains on track.
Barnes & Noble said that comparable-store sales fell during the important holiday selling period, and it cut its outlook for the year.
Brazilian vehicle sales and production slumped last year to a decade low, underlining the decline of the once-booming car industry in Brazil.
Auto makers rolled out stronger-than-expected December U.S. sales results, amid robust demand for trucks and hefty year-end incentives, boosting the tally for 2016 to a record.
Miscounted goods add big costs for retailers, but stronger analytics and attention to forecasting can help plan for better holidays in the future.
The 17% of U.S. primary household shoppers who say they never shop on Amazon tend to be older and earn less. Some cite their living situation, while others say it is easier to simply visit local stores. While the percentage has steadily declined, roughly 22 million American households didn’t use the retailer this year.
Foxconn plans to build an $8.8 billion television flat-panel factory in Guangzhou, China, depicting the region as an “investment treasure land” amid calls to move tech manufacturing to the U.S.
Vitamin retailer GNC is revamping its pricing strategy as it seeks to reverse a persistent sales slump. GNC’s overhaul highlights a seemingly basic problem that has suddenly confounded many retailers: how to set prices for products they sell.