Apple, Ford, Google, Other Companies Delay Return to Office
In anticipation of a shift back to in-person workdays and thousands of employees being back at their desks, companies across the country had begun sourcing new office equipment to prepare for employees’ return... but the surging COVID-19 delta variant has upended Americans’ plans across the country.
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$5 Billion U.S. Retail Coffee Market Booms Amid Shift to Remote Work
Nestle, the largest food company in the world, reported late last month that despite the challenging year, their global sales increased 1.5% to $46 billion in the first half of the 2021. What was the biggest driving force behind that growth?
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"A Factory Without a Roof," Farming Looks Ahead to Its Digital Future
When you consider that a farm is essentially an open-air manufacturing facility, it makes sense that the agricultural sector is ripe for technological innovation.
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$32.5 Billion School Supply Market Entices Sellers to Invest in Innovative New Retail Displays
Unlike last year, when students and their parents bought most of their school-related products online, this year consumers will be making more of their back to school purchases in stores. This is good news for retailers, because according to a 2019 study, consumers spend more money when shopping in person in a store compared to purchasing products online.
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Record-breaking Box Demand, Stranded Containers Lead to Worst Shipping Delays in Years
Shipping containers, especially refrigerated ones, have been extremely hard for manufacturers to find and fill with goods over the past few months.
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Pet Collars, Toys, Food Sourcing Up Amid Wave of Pet Adoption
Excited about having new four-legged friends to splurge on, consumer spending on pet products also reached a historic high last year, exceeding $103 billion, according to the American Pet Products Association.
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Houses Are Getting More Expensive Because of Building Material Shortages
The National Association of Home Builders reports that building material shortages are currently at their worst since 1990 — meaning the supply chain is at its most strained point in 31 years — and that these shortages are leading to rising prices.
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La-Z-Boy, Wayfair Say Furniture Shipments Are Being Delayed Up to 9 Months
If you’re eagerly awaiting a newly purchased office desk chair or living room couch, odds are you’re unfortunately going to be waiting quite a while for your new furniture to arrive.
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Q3 Procurement Predicted to Focus on 3D Printing, Shipping
Let's take a look back on industrial sourcing activity and national procurement trends over the course of Q2 2021 based on data from the more than 70,000 product and service categories on Thomasnet.com. We’ll also share our predictions for two areas we expect will see a substantial spike in sourcing activity in Q3.
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Alcoholic Beverage Prices Could Rise Amid Demand Spike for Aluminum, Shipping, Barley
I hate to be the bearer of bad news, but your next cold beer on the beach this summer might be more expensive than you were expecting.
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