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Sales & Operations Planning: Page 12

Best Buy Offering Early Black Friday Deals, Closing Stores on Thanksgiving
The Black Friday Early Access sale for members who are part of the My Best Buy Plus and My Best Buy Total loyalty programs will begin October 27, 2023.
Photo: iStock / jewhyte
Volta Trucks Files for Bankruptcy Following Supply Chain Breakdowns
The decision to file for bankruptcy comes just two months after the organization’s battery supplier, Proterra Inc., also filed for bankruptcy.
Tysons, Virginia. Photo: iStock.com/Evgenia Parajanian
Bankrupt Rite Aid Settles with Drug Supplier McKesson to Avoid Shortages
Lawyers for the two companies said that they’ve agreed in principle to a settlement that will end a lawsuit Rite Aid filed against McKesson over their supply agreement.
Photo: Bloomberg
Primark Planning Expansion in the Southern U.S.
By the end of 2023, Primark will have opened eight stores in the U.S. with a plan to open 60 stores in the United States by 2026.
Photo: iStock.com/Heiko Küverling
Black Friday, Boxing Day Expected to Be North America’s Busiest Shopping Days
Boxing Day is expected to overtake Black Friday as the busiest shopping day of 2023 in Canada while the holiday fell to sixth place on the U.S.'s list.
Photo: iStock.com/gpointstudio
UAW Resuming Negotiations After Expanding Strike to Ford's Biggest Factory
The decision by the UAW to expand strike actions to Ford’s Kentucky plant on October 11, which employs 8,700 workers, signified the strike's largest single walkout.
Kokomo. Photo: iStock.com/jetcityimage
ERG Signs Deal to Sell Cobalt to American Battery Material Manufacturer
ERG will sell 3,000 metric tons of contained cobalt metal to EVelution annually, which will be used to build an Arizona-based low-carbon cobalt sulfate plant starting in 2024.
Roros, Norway. Photo: iStock.com/Dmitry_Chulov
VinFast Investing $400M in Indian, Indonesian EV Factories
The organization anticipates a $1.2 billion influx of cash from its founder (Pham Nhat Vuong) and other Nasdaq-listed EV producers.
Ho Chi Minh City, Vietnam. Photo: iStock.com/HuyNguyenSG
U.S. Import Cargo Volumes Expected to Slow After Hitting 2023 Peak
U.S. ports handled 1.96 million TEU in August, less than the 2 million TEU the NRF originally expected the ports to handle that month.
Photo: iStock.com/MattGush
Tesla Cuts Prices of Top Models to Stoke Demand for More EVs
Tesla will update investors on the toll that price cuts have taken on earnings when it reports its third-quarter results on October 18.
Photo: Patrick T. Fallon/Bloomberg
Ford Sales Rose in the U.S. During the Third Quarter
Ford saw its sales of electric vehicles, hybrids and trucks each increase by double-digit percentages during the third quarter of 2023.
Krasnoyarsk, Russia. Photo: iStock.com/Vera Tikhonova
U.S. Regulators Claim Amazon Used Secret Algorithm to Increase Prices
The algorithm allowed Amazon to improve its profit on items across numerous shopping categories, which caused competitors mimicking the retail giant to raise their prices.
Photo: iStock.com/hapabapa
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