Doughlivery by Ben & Jerry’s truck From July 18-20, fans in Toronto can enjoy surprise and delight deliveries on Uber Eats via Doughlivery by Ben & Jerry’s. Toronto, July 17, 2025 (GLOBE NEWSWIRE) -- This summer, when the Toronto heat hits its peak, Ben & Jerry’s is bringing the chill - literally. To celebrate National Ice Cream Day, the iconic ice cream brand will hit the streets with the Doughlivery by Ben & Jerry’s truck, an activation offering the chance of free ice cream and a few extra-sweet surp ...

[Music] Who here loves jewelry. Anyone ever stood in line for the new iPhone. I want you to imagine for a moment a piece of gold in your hand, a coin, a bracelet, a watch, something that for centuries has symbolized wealth, love, and power.But I also want you to imagine for a moment its journey from deep within the earth, dug out, crossing through borders, passing through multiple hands, and then finally into yours. But behind that shimmer, there's often a much darker reality. A journey that starts in a war ...

Core Insights - GM is collaborating with LG Energy Solution to upgrade its Ultium battery factory to produce lithium-iron-phosphate (LFP) cells for low-cost electric vehicles (EVs) [1][2] - The Spring Hill, Tennessee battery plant, valued at $2.3 billion, will transition from lithium-ion cells to LFP production, with commercial output expected by late 2027 [2][7] - The automotive industry is increasingly favoring LFP batteries due to their lower cost and enhanced safety profile compared to nickel-manganese-cobalt (NMC) batteries [3] Group 1: Battery Production and Technology - The Spring Hill factory will begin converting its battery cell lines to LFP cells later this year, enhancing domestic LFP production capabilities [2][7] - GM's strategy includes a three-pronged approach to battery sourcing, utilizing NMC for high-range models, LFP for entry-level vehicles, and a new lithium-manganese-rich (LMR) chemistry for mid-range applications [3][4][5] - LMR cells, which will reduce nickel and cobalt content in favor of more affordable manganese, are expected to enter the market in 2028, offering a balance of range and cost [5] Group 2: Market Trends and Future Outlook - The consistent decline in battery pack costs suggests that LFP prices may fall below those of LMR in the coming years, making LFP a more attractive option for entry-level vehicles [7] - The shift towards LFP aligns with broader industry trends favoring cost-effective and safer battery technologies, positioning GM competitively in the EV market [3][7]

Core Insights - Sysco Corporation (SYY) faced margin pressure in Q3 of fiscal 2025, with gross profit declining by 0.8% and gross margin contracting by 35 basis points to 18.3% [1][9] - The decline in volume was attributed to macroeconomic headwinds and reduced restaurant traffic, with national business outpacing local performance [2][5] - Strategic sourcing initiatives aimed at improving gross margin did not meet internal timelines, but management expects benefits from agreements finalized shortly after the quarter-end [3][4] Financial Performance - The company's gross profit per case improved, but overall margins were negatively impacted by a shift towards lower-margin national accounts and decreased penetration of Sysco-branded products [1][9] - Sysco's shares have increased by 8.5% over the past three months, outperforming the industry and broader Consumer Staples sector, which saw declines of 3.7% and 0.3%, respectively [6] - The stock is currently trading at a forward 12-month P/E ratio of 16.44, which is above the industry average of 15.97, indicating a premium valuation reflecting market expectations [12] Strategic Outlook - The company anticipates gross margin improvement from recently completed strategic sourcing agreements, which are part of a broader cost savings program [4][5] - Management is focused on enhancing the product mix by increasing Sysco-branded product penetration and revitalizing the local customer segment to restore margin quality [4][5] - Successful execution of planned cost-efficiency measures and rebalancing the business mix will be crucial for margin recovery in a competitive environment [5]

Upkeep on mansions is an expensive and a labor-intensive job frequently outsourced to an army of property managers, decorators, housekeepers, chefs, landscapers and more. “If it’s legal, I have done it in this business.” https://t.co/bYigoRUSl7 ...

Core Insights - The e-commerce industry is increasingly outsourcing warehousing logistics, with over 80% of e-commerce companies opting for third-party service providers, highlighting a shift in operational strategy [1] Group 1: Efficiency and Cost Reduction - Third-party warehousing services significantly enhance order processing efficiency, with automated sorting and intelligent WMS systems allowing for a daily order handling capacity three times that of traditional warehouses [5] - A beauty e-commerce company reduced order delivery time from 48 hours to 12 hours during peak sales events by utilizing an outsourced warehouse's intelligent scheduling system, resulting in a 15% decrease in return rates during promotions [5] - The national distribution network of service providers enables local shipping, achieving over 90% same-day delivery coverage in regions like Jiangsu, Zhejiang, and Shanghai, which boosts customer repurchase rates by 20% [5] Group 2: Flexibility and Risk Management - The e-commerce sector's strong seasonality makes self-built warehouses prone to resource idleness during off-peak seasons, while outsourcing allows for flexible adjustments through a pay-per-use model [6] - A maternal and infant e-commerce company saved over 500,000 yuan in storage costs by temporarily renting an additional 5,000 square meters of warehouse space before a major sales event and quickly returning it afterward [6] - Outsourcing also transfers risks related to lost or misdelivered items to specialized teams, as demonstrated by a fresh produce e-commerce company that reduced its damage rate from 8% to 1.2%, saving 2 million yuan annually [6] Group 3: Capital Efficiency - Building self-owned warehouses involves significant upfront investments, often exceeding hundreds of thousands of yuan, while outsourcing can reduce annual costs by 40% by paying only for actual usage [7] - A clothing e-commerce company required an investment of 2 million yuan for a 1,000 square meter self-built warehouse, whereas outsourcing allowed for flexible space adjustments, preventing resource wastage during off-peak periods [7] - An appliance brand redirected funds originally allocated for warehousing into product development after outsourcing, leading to a 65% increase in sales within six months due to the launch of three new products [7]

Consumer discretionary is the worst sector of the year. Some of the biggest losers are retail names like Deckers, Lululemon, Ross Stores. Is the sector though prime for a rebound in the second half.Joining us now is Dana Telsey, Telsey Advisory Group CEO. Dana, good to see you. There's good to see you too.Thank you for having me. Yeah, it's good good to have you. Especially because there's such a mix of data.We were just talking about this labor report. Overall, great. the market's up, but underneath the su ...

Core Insights - Costco Wholesale Corporation's third-quarter fiscal 2025 results highlight the significant contribution of international operations to overall comparable sales performance, with adjusted total company comparable sales increasing by 8% [1][8] - The "Other International" segment achieved an impressive 8.5% adjusted comparable sales increase, outperforming both the United States (up 7.9%) and Canada (up 7.8%) [1][4] Sales Performance - Traffic in international warehouses rose by 4.8%, closely aligning with the company-wide average of 5.2%, indicating strong engagement in newer markets [2] - The adjusted average ticket internationally increased by 3.6%, reflecting the growing strength of Costco's presence outside the domestic market [2] Strategic Initiatives - Management noted that a shift towards localized sourcing has aided in margin preservation and pricing flexibility in international markets, exemplified by a 40% price reduction for Kirkland Signature laundry products sourced within Asia [3] - The strategy of rerouting tariff-sensitive goods to non-U.S. regions has optimized inventory deployment and improved margin outcomes [3] International Market Impact - International markets played a crucial role in Costco's third-quarter performance, showcasing the effectiveness of a globally coordinated yet locally tailored business model [4] - Adjusted comparable sales for Other International regions remained robust in May, with an increase of 8.4% [4] Competitive Landscape - Dollar General Corporation reported a 2.4% increase in first-quarter fiscal 2025 same-store sales, while Target Corporation experienced a 3.8% decline in comparable sales [5][6] - Costco's stock performance has been strong, with shares rising 16.5% over the past year, outperforming the industry growth of 7.2% [7] Valuation Metrics - Costco's forward 12-month price-to-earnings ratio is 50.34, significantly higher than the industry average of 32.3, indicating a relatively high valuation [9] - The Zacks Consensus Estimate projects year-over-year growth of 8.1% in sales and 12% in earnings per share for the current financial year [10]

Anglophone Africa has always had some advantages in attracting outsourcing. Its youthful population is increasingly well educated, and its time zones are convenient for America and Europe. Today it may be even more appealing https://t.co/Pq9Ir6zJTI ...

Three-quarters of young Africans report they cannot find adequate work. Outsourcing could fill some of that gap. But the biggest challenge is AI https://t.co/eoiruTaZ50 ...