Chain

A worker wears a Sweetgreen Inc. hat while preparing food inside the company's restaurant in Boston, Massachusetts.Adam Glanzman | Bloomberg | Getty ImagesShares of Sweetgreen plunged about 20% in extended trading Tuesday after the salad chain lowered its 2022 forecast.The restaurant company also said it laid off 5% of its support center workforce and will downsize to a smaller office building to lower its operating expenses.Here's what the company reported compared with what Wall Street was expecting, based on a survey…

A bagel chain beloved in Washington, D.C, and Maryland plans to expand from its East Coast roots, with two outposts set for the Mile High City. Call Your Mother Deli, a bagel shop and deli, will open the stores next spring at 1291 N. Pearl St. in Capitol Hill and 3870 Tennyson St. around Berkeley, D.C.-area magazine Washingtonian reported. Owners Daniela Moreira and Andrew Dana currently run seven stores — five in the nation’s capital and two in neighboring Maryland, with the first opened in 2018 in D.C.’s Park View…

iPhone 14 shipments might get delayed potentially causing postponement of the September launch event as China has reportedly started strictly enforcing a rule that Taiwanese-made parts must be labelled correctly. Under this policy, Chinese officials can delay and even reject shipments. The strictness follows US House of Representatives Speaker Nancy Pelosi and a congressional delegation's visit to Taiwan. It is to be noted that Apple outsources the chip manufacturing to Taiwan Semiconductor Manufacturing Company Limited…

Fresh off parting ways with Jay-Z’s Roc Nation Management, Meek Mill took to Instagram on Saturday to show off a Dreamchasers chain.According to TMZ, the pendant, styled after a Native American dreamcatcher, cost a whopping $200,000. “A very powerful tribe in America,” Meek captioned the picture. The outlet notes that the piece is “packed with 100 carats of various diamonds – round stones, solitaire emeralds and baguettes on the feather.” Designed by the Atlanta-based Don The Jeweler of Status Jewelers, the chain, which…

Supermarket chain Karns Foods says it is getting ready for a recession.The family-run company in Mechanicsburg, Pa., is carrying more low-cost food brands and dropping some expensive products altogether. The grocer removed quart-size heavy cream products from some stores as they became more expensive and put less expensive store brands and smaller packages on shelves instead. The 10-store chain with about 1,200 employees said it is also obsessively comparing its prices every week, far more often than in the…

Understand the sources of lead times variability and its impact on the robustness of your inventory management strategies.Photo by Bannon Morrissy on UnsplashObjectiveSimulate the impacts of process variability on the performance of an international logistics network.Inventory ManagementFor a retail group, inventory managers build replenishment policies to minimize stock levels and reduce ordering costs while avoiding shortages in stores.They need to consider the distribution of the demand and the lead times to replenish…

Export restrictions being considered by Washington to halt China's advances in semiconductor manufacturing could come at a substantial cost, experts say, potentially disrupting fragile global chip supply chains - and hurting US businesses.Reuters reported on Monday that the United States is considering limiting shipments of American chipmaking equipment to memory chip producers in China that make advanced semiconductors used in everything from smartphones to data centres.The curbs would stop chipmakers like South Korean…

Heavy rainfall is disrupting Toyota production in Japan. Toyota has said around 5,200 units of production have been cut due to ‘adjustments to some domestic plants due to the difficulty of procuring parts from a supplier caused by heavy rain damage mainly in Aichi Prefecture’. Models impacted include the bZ4x made at Motomachi and the Prius made at Tsutsumi. All Toyota plants in Japan will be closed from August 13…

Renault has said that there will be no sudden let up in the supply chain shortages that have dogged the autos industry.Sameer Al-doumy | Afp | Getty ImagesRenault's CEO said Friday that there will be no sudden let up in the supply chain shortages that have dogged the autos industry, even as the carmaker dubbed its "emergency" period over.Luca de Meo told CNBC that that the sourcing of raw materials was likely to continue to be an issue for automakers, but added that the company was now better placed to handle such…

Boeing has said that it is close to receiving regulatory approval to resume 787 jet deliveries, a move that could help reverse lackluster profits, but warned that its production ramp-up for the 737 MAX would be slowed by supply chain problems. The US aviation giant’s two most popular commercial planes figured prominently in its mixed quarterly earnings report, with the lack of revenue from the 787 Dreamliner again a big drag. Shares gyrated before finishing the session slightly higher. A resumption of 787 deliveries will…