Page 2 - Bantry Point News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share: This is an excerpt from Thursday's (3/12) Point of Sale retail supply chain newsletter sponsored by ArcBest. Retailers are stuck between playing the ocean waiting game and ponying up for air cargo. The number of container ships in San Pedro Bay has hovered around 30 since the start of the year and levels remain stubbornly high. As of Wednesday, there were 31 at anchor. The CMA CGM Marco Polo — with a capacity of 16,022 twenty-foot equivalent units (TEUs) — has been stuck at anchor the longest, since Feb. 27. The median time a container ship spent anchored outside the port last w...

Share: This is an excerpt from Tuesday's (3/9) Point of Sale retail supply chain newsletter sponsored by ArcBest. Instacart had a crazy year. Capped off by last week's funding announcement of another $265 million at a valuation of $39 billion (more than 4x where it was to begin 2020), Instacart has seen every piece of its business explode over the past 12 months. By some accounts, the 8-year-old company now has roughly 50% of the online grocery market. With an IPO almost guaranteed this year, I wanted to look back at how Instacart has gone from niche to necessity and question whether it ca...

Trail runner found dead after plunging down Table Mountain News24 Wire Picture: Twitter/@AppSA In another incident in the province, the body of a surfskier was found adrift, offshore of Cape Town, after he was reported to be overdue from a paddle on the Atlantic Seaboard. A trail runner, who slipped and fell on Table Mountain, was found dead. He had plunged at least 60m after sli...

Share: This is an excerpt from Thursday's (2/25) Point of Sale retail supply chain newsletter sponsored by ArcBest. Retail sales are expected to grow this year between 6.5% and 8.2%, amounting to more than $4.33 trillion, according to the National Retail Federation's annual sales forecast released Wednesday.  Preliminary results indicate retail sales grew 6.7% in 2020, despite the challenges from the global health crisis. That total nearly doubles the NRF original forecast of 3.5% prior to the pandemic and was driven by sky-high online demand that totaled 22% of all spending by year's end...

Can $14 billion get Walmart to e-commerce profitability? 821 5 minutes read (Photo: Jim Allen/FreightWaves) This is an excerpt from Monday’s (2/22) Point of Sale retail supply chain newsletter sponsored by ArcBest. Walmart (NYSE: WMT) reported Q4 earnings last week that fell short of Wall Street’s expectations, despite posting same-store sales growth of 8.6%. That’s a huge handle for a company Walmart’s size and is by far the highest growth among comparable stores in the past 10 years, more than double the next closest growth rate of 3.7% in 2019.  But Walmart’s stock...