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Top Stories
Nelson-Jameson has opened a distribution center in Fairview, Pa., to enhance service for East Coast customers. The 45,000-square-foot facility, which includes a 16,000-square-foot mezzanine and 12 truck bays, sits on a 20-acre parcel that will enable future expansion and is the company's fifth location nationwide. The grand opening is set for Wednesday.
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The 80th Fall Market in Indianapolis was the first fully integrated event held since Do it Best acquired True Value, with a record of nearly 11,000 participants attending and 155 new vendors. The market showcased new marketing initiatives, expanded product offerings and the refreshed Destination True Value store format.
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US job growth slowed significantly in August, with nonfarm payrolls rising by just 22,000 and the unemployment rate increasing to 4.3%, the highest in nearly four years. Revised June data showed a decline of 13,000 jobs, the first decline since late 2020, according to the Labor Department. Economists attribute the slowdown to trade policies and immigration crackdowns.
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Operations and Technology
Walmart has opened a 725,000-square-foot perishable distribution center in Wellford, S.C., that can handle more than twice the volume of traditional distribution centers by using advanced automation. The facility distributes eggs, dairy, fresh produce, meat and frozen products to 180 stores and employs 600 people.
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More than three in four US and European companies have seen profit decline because of tariffs, and 84% of businesses plan to raise prices to counter the impact, but most say it could be weeks or months before prices change, according to a survey by Censuswide and software developer Enable. Nearly half are planning to reduce operations or exit high-tariff markets amid ongoing uncertainty, and Enable CEO Andrew Butt says "pricing agility has become an essential survival skill."
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Sales and Marketing
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(SOPA Images/Getty Images) |
LinkedIn has become essential for B2B marketers to enhance brand visibility and engage with potential clients, writes Goldcast's Palash Soni, who notes that 82% of B2B marketers find LinkedIn the most effective platform for reaching customers. Soni offers tips for maximizing LinkedIn's potential, including expanding networks, engaging in direct messages and utilizing video content.
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The Business Leader
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(MirageC/Getty Images) |
You don't have to wait for calendar events like New Year's to benefit from the fresh start effect, writes leadership coach Palena Neale, who notes that you can create your own fresh starts at any time by choosing one or two goals that matter to you and setting yourself up for success by removing temptations that might derail you. "The simpler you can make it to act in the way you want, the more likely your behavior will stick beyond the initial surge of motivation," Neale writes.
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NAW Insider
Prioritize your organization's greatest asset — your people. NAW's premier education programs, such as the online Management Academy and the in-depth Distribution Leadership Program at THE Ohio State University, are designed to equip your high-potential employees with the skills and insights they need to lead and succeed. Ensure your rising stars are prepared to drive your business forward by investing in their growth today. Learn more about how NAW can help you develop the leaders of tomorrow.
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About NAW
The National Association of Wholesaler-Distributors (NAW) is one of America’s leading trade associations, representing the $8 trillion wholesale distribution industry. Our industry employs more than 6 million workers throughout the United States, accounting for approximately 1/3 of the U.S. GDP. 250,000 wholesale distribution companies operate across North America, including all 50 states. Learn more. |
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Fyodor Dostoyevsky, writer, essayist, journalist |
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