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Recent Articles

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Contract packing firm WePack to implement Nulogy's Shop Floor Solution across its workflows; the digitalization effort is set to provide enhanced traceability over inventory and improve forecasting, labor capacity, line efficiency, quality control

New-vehicle sales in February 2024 projected to reach 1,214,600 units, a 1.4% increase from the previous year; sales driven by higher inventory levels, increased manufacturer incentives and lower retailer profit margins: J.D. Power and GlobalData

Big Lots acquires entire inventory of toy company Hearthsong, including 500 new SKUs of indoor and outdoor toys; inventory is valued at over US$22M

US existing-home sales expanded 3.1% in January to a seasonally adjusted annual rate of 4.00 million; inventory of unsold existing homes increased 2.0% to 1.01 million, equivalent to 3.0 months of the monthly sales pace: NAR

US national gas price average remained unchanged at US$3.27 in week ended Feb. 22 and was up 20 cents month-over-month; gas demand remained mostly flat at 8.2 million b/d, total domestic gasoline stocks declined slightly by 300,000 bbl: AAA

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