Safely Optimizing Pallet Flow and Rack Storage Consolidating rack systems increases storage capacity by 42% and frees up space, allowing the addition of 24% more inventory items. General Mills' Cedar Rapids, IA plant had successfully ...
More than 200 staff at Osram's Siteco Beleuchtungstechnik factory in Traunreut, Germany are to lose their jobs, with those working in administration, logistics and production, most affected. Siteco manufactures indoor and outdoor lighting ...
Swedish retailer Ikea said worldwide sales rose 3.1% to 27.9 billion euros in the fiscal year ended Aug. 31. The sales figure, which equals about $37.38 billion, includes same-store sales growth of 1.8%. In a press release announcing ...
Tags: Furniture, Furnishing, Ikea
After establishing itself as a go-to-brand for sophisticated womenswear, the British high-street retailer Whistles is foraying into menswear. The label is all set to unveil an Autumn/Winter 2014 collection, which will be created under ...
Tags: High-Street Retailer, Whistles
Bangladesh’s central bank, Bangladesh Bank, has announced creation of a Tk 1 billion refinance fund for the country’s jute sector. Addressing a press conference, Bangladesh Bank’s deputy governor SK Sur Chowdhury ...
Tags: jute sector, Bangladesh Bank
Allen Solly, one of India's most popular and recognized brands in the branded premium apparel segment announced the launch of its most innovative concept yet – Colour Lab. This unique concept, the first of its kind, enables colour ...
Tags: Allen Solly, apparel segment
Engineering materials and optoelectronic components provider II-VI Inc of Saxonburg, PA, USA has signed an asset purchase agreement to acquire the optical amplifier and micro-optics business of Oclaro Inc of San Jose, CA, USA (which ...
Tags: Electrical, Electronics
It doesn’t take much to please Hewlett-Packard’s investors these days. HP confirmed Wednesday that its revenue will decline slightly next year, but the mention of “pockets of growth” sent hearts aflutter. HP is ...
Tags: HP, Hewlett-Packard
Equity research firm Cowen and Company reduced its Century Aluminum price target to $10 from $13 due to changes in the aluminum futures curve, the company said in a statement Tuesday. The company also said it assumed Q4 2013 and fiscal year ...
Tags: Aluminum Price, Cowen
RPM International Inc. today said that outstanding performance in the company's consumer segment and more modest gains in its industrial segment resulted in significant increases in sales, net income and diluted earnings per share for the ...
Tags: RPM, Financial Position
The area of plantation for cotton in Australia, in the 2013-14 harvest season, is forecast to fall by 2 percent to around 434,000 hectares, according to the Australian Crop Report—September 2013 edition, released by the Australian ...
All-stock transaction creating a new company as a merger of equals with combined market capitalization of approximately US$29 billion (¥2.8 trillion) Accelerates development of breakthrough products to address future technology ...
Tags: Applied Materials, Tokyo Electron
The Textile Industry Division, Government of Pakistan, has divided 1,250 acres of industrial land at the Pakistan Textile City into 277 plots of varying sizes ranging from 0.5 acres to 5 acres, APP reported. Of the 277 plots, 14 are to ...
Tags: Textile City, Textile Industry
Walmart announced two new centers dedicated to filling online orders, including one in Texas and one in Pennsylvania that will be its largest ever. These two new online fulfillment centers are just part of a next-generation fulfillment ...
Tags: Walmart, Fulfillment Centers
The garment industry of India is expected to achieve the target of US$ 17 billion in exports for the current fiscal year as the outbound shipments of apparel have already touched US$ 5 billion during the first four months of 2013-14, ...
Tags: Apparel Exports, garment industry