With food-and-beverage outlets now among the fastest-growing categories in retail centers, a CBRE Group, Inc., report identifies four formats poised for significant expansion: food trucks, food halls, celebrity-chef restaurants and "grocerants."
As the world's biggest manufacturing power, China is well placed to lead the Internet of Things transition. Which is why this week GE, the world's biggest industrial company, opened what it calls a "digital foundry" in Shanghai. The centre will help Chinese companies develop and commercialise products for the industrial internet of things, which involves factory machines and industrial goods communicating with each other and their surroundings.
Echoing the mid-year reports from several other aviation groups, Airports Council International (ACI) said air cargo tonnage was flat for the first five months of 2016, rising just 0.6 percent in May, year-over-year, and 0.2 percent, y-o-y, over the period of January to May 2015. Passenger traffic, however, was a different story, increasing by 4.6 percent, y-o-y in May.
Original equipment manufacturer sourcing decisions are typically based on total acquisition cost (TAC) formula comparisons. Because of this, such tools play a primary role in decisions about whether to purchase from domestic or overseas sources. TAC formulas attempt to take into account all cost factors related to buying from a particular source.
The motto at Bambino Mio, a manufacturer of reusable diapers here in the English midlands, is "cloth nappies for changing times." The description may never have been more apt.