Supply Chain Dive

The workwear retailer reported a 25% year-over-year decline in inventory levels due to rightsizing buys, clearing excess stock and optimizing receipt scheduling.

The LTL carrier has its sights set on gaining market share in the healthcare, grocery and technology markets as an independent company.

Customers have ways to mitigate cost pressures that may stem from dimensional reporting tweaks and sub-pound rate changes starting July 12.

The Folgers coffee maker introduced temporary price reductions due to the lower input costs, but stopped short of permanent cuts.

S&P Global flagged “an ongoing bifurcation of the economy, with sluggish service sector growth contrasting with an increasingly solid manufacturing expansion.”