The International Business of Off-Price Retail

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Image via Flickr by linkedmediagrp Many procurement professionals shy away from social media due to the overwhelming amount of information out there. It’s simply easier to manage if you avoid the up to the minute news and reports, and rely on the old newspaper or water cooler chat. However, with a few skills you can…
Image via Flickr by Jeepersmedia One reason why Wal-Mart has been able to expand so rapidly and beat out their competition is the fact that they control almost all of their own warehousing and shipping in house. Wal-Mart has several warehouses across the U.S. with their own fleet of trucks. However, that’s all about to…
Image via Flickr by bfishadow Two decades ago, China started looking into building an undersea channel to connect the northern city of Dalian to the southern city of Yantai. Currently, a bay jutting inland from the East China Sea toward Beijing lies between these two cities. The tunnel will connect the Dalian and Yantai directly,…
Image via Flickr by whitneyinchicago Pizza Express began with a single mom and pop store in the 1960s and gradually added locations until they reached their status of 300 restaurant franchises. They serve 16 million customers per year with traditional Italian pizzas. Their popularity is largely due to their traditional cooking methods and the authentic…
Image via Flickr by liewcf In an uncertain world, there were still things people believed they could depend on. Some of these things included our need for consumer electronics like alarm clocks and home telephones. However, the introduction of the smartphone to the market has uprooted a number of key supply chains, leaving once-thriving industries…
Image via Flickr by Rafael Gomez A new study by Stratfor Global Intelligence concludes that China is stepping down from its unofficial position as the go to cheap labor source of the world, and other developing countries are now emerging as a replacement option for global manufacturers in need of a cheap labor source. By…