While concern around the globe has vacillated between nuisance and panic, the effects of the recent coronavirus outbreak are becoming much clearer — and more serious — for the global economy. Guidance from supply chain experts indicates Chinese factories won’t resume production for 3-4 weeks, which would have a significant impact on international shipping. Dreary […]
It has been two years since the United Nations’ International Maritime Organization (IMO) agreed to a 50% minimum reduction of total greenhouse gases from international shipping, which is responsible for 2% of the planet’s anthropogenic CO2 emissions, a figure expected to rise to 17% by 2050 if unregulated. It is only recently, however, that concrete measures […]
(Dec. 30 Press Release) Grovara’s proprietary technology platform, which eliminates the headaches of exporting and intelligently connects America’s most promising wellness brands with aligned global retailers, is poised to help usher in the largest food industry disruption of our lifetimes. As consumer demand for healthier products surges and purchasing power increases across the planet, plant-based […]
In October, the United States government issued an RFP for e-marketplace platforms in an effort to become leaner with the $260 million it spent online last year on products and services. The U.S. General Services Administration, which oversees federal procurement, wants to move fast and start implementing proof-of-concept early next year with a handful of federal […]
You’ve heard it a million times — the customer is always right. It’s easy to say for those who don’t run a business. But entrepreneurs, particularly those in service industries, know how vital the phrase is. The motto was born and gained popularity in the late 19th century as retailers boomed and the era of […]
Fifty-seven channels and nothin’ on? When it comes to how your wellness brand can grow by getting serious about going global with B2B eCommerce sales, there are only four channels you’ll want to tune into. With the global B2B market approaching $1 trillion — about four times as big as B2C — digital maturity is […]
With only 6% of U.S. exports coming from its own manufacturers, there is a world of opportunity for American wellness brands to go global. A recent Council on Foreign Relations article details more about why that opportunity exists. Manufacturing exports are roughly three times as important to the European Union economy than the U.S., giving […]
Home Depot bought Home Way, a Chinese home improvement company, in 2006. The acquisition marked the first time Home Depot had expanded beyond North America. With a booming economy and strong real estate market, China seemed like an easy win for Home Depot. Within six years, the company had closed all its stores in China. […]