Chain

Starbucks Corp. SBUX -0.95% is selling its cold-pressed juice brand, as the company focuses on its coffee-drink business and improving its stores and relations with its cafe workers under interim Chief Executive Howard Schultz. Fresh-food maker Bolthouse Farms Inc. said it agreed to acquire Starbucks’s Evolution Fresh line of juices, which currently are sold in Starbucks cafes and supermarkets. Terms of the deal, which Bolthouse said is…

Written by Chris Duckett, APAC Editor…

One of the most renowned Apple analysts, Ming-Chi Kuo, says that Apple's future AirPods Pro 2 are right on schedule and will be unaffected by the supply chain constraints that China's manufacturing is experiencing right now. That's mainly because Apple has shifted some of its production to Vietnam, where the COVID-19 situation is vastly different from China's. This, in turn, means that the pair will be introduced sometime in the second half of this year, with mass production starting around that time too. In…

A supply chain is like a web that connects all the business components such as manufacturing, procurement, logistics, sales, marketing, and so on. The recent global pandemic and other geopolitical disruptions demonstrated how weak supply chains could bring down whole organizations. Many companies are investing in digital solutions to optimize their supply chain operations. Artificial intelligence (AI) is a popular technology that is making every sector smarter and more resilient. The global supply chain AI market is…

Employees at five Colorado Starbucks stores have joined a growing number of employees across the country who have voted to unionize the global coffee chain. A Starbucks in Colorado Springs and two in Denver voted Thursday to form a union at their individual locations. In April a store in Superior became the first in the state to vote in a union. Pro-union workers at a Denver location on East Colfax Avenue also won their election. Election results at a second Colorado Springs store were still being determined because the…

Even ramping up production of infant formula may not immediately help, because there are fewer companies making the right packaging to store products, fewer available warehouses to store products, and fewer trucks to ship it. Credit: Unsplash/CC0 Public Domain The critical shortage of baby formula across the United States is being exacerbated by many of the same issues implicated in the global supply chain crisis borne by the…

Soaring inflation, supply chain issues and the hit from the Ukraine war will bring an end to the growth boom India's IT services industry enjoyed during the pandemic, JP Morgan analysts said on Thursday as they downgraded the sector to "underweight".The $194-billion (roughly Rs. 15,068,27 crore) sector whose software services helped businesses adopt to pandemic-era practices of online shopping and remote working is facing a demand slowdown this year as employees return to offices and the Russia-Ukraine war weighs on…

After a year in which supply chain bottlenecks roiled the global economy, Flexport, which uses technology to improve supply chains, reaches the top of the CNBC Disruptor 50 list.Freight forwarding, the official name for the industry Flexport is disrupting, is the centuries-old, trillion-dollar global business of matching companies that make stuff with companies that transport stuff over land, sea and air. The industry tends to be opaque, filled with arcane regulations, bogged down by analog processes, and has no "major…

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A bunch of maniacs decided to turn a Tesla Model 3 into a tank with some giant chain tracks – resulting in a 6-ton electric off-roading machine. At Electrek, we believe every ground transport vehicle is going to go battery-electric over the next few decades, and that includes off-roading vehicles. It is certainly not a priority segment to electrify, but it slowly getting some electric options. Some people can’t wait, though, and decide to build some themselves using existing electric cars. Tesla vehicles, thanks…