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Port congestion? Maybe Houston is the alternative
Houston, Dallas, San Antonio market seeing demand for imports from Asia
0 1,869 4 minutes read Port Houston s No. 1 trading partner in January was China, accounting for $1.3 billion. (Photo: Jim Allen/FreightWaves at Port Houston)
Port Houston is positioning itself as a viable option for handling more containerized imports from Asia, thanks to congestion woes for importers on the West and East coasts.
Austin, Texas-based cooler and drink ware manufacturer Yeti (NYSE: YETI) is testing Port Houston as an alternative to the Port of Los Angeles and Long Beach or Port of New York/New Jersey for importing its shipments from Asia, according to Paul Carbone, Yeti’s CFO.
Six Retail Technology Stocks to Buy, Based on BoA Analysis
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Six retail technology stocks to buy feature the best investment opportunities that emerged after BoA Global Research recently hosted virtual meetings and fireside chats with the leaders of 18 companies in the sector.
The six retail technology stocks to buy stood out from the pack at a BoA Global Research Consumer & Retail Technology Conference on March 9-11 as companies leaving the pandemic in a stronger position than they entered it with plan to keep growing market share. Rivals that were more challenged in 2020 by macro trends were optimistic about the economic recovery boosting their prospects, according to BoA.
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Walmart s John Furner spoke about his company s fintech venture at a Bank of America conference.
Furner said that acquiring customers is expensive for fintech startups.
But Walmart plans to leverage its millions of customers for its mysterious new venture.
John Furner, Walmart US CEO, said that the retail giant plans to leverage its massive reach as part of its new, mysterious financial-technology venture.
Speaking at Bank of America s 2021 Consumer & Retail Technology Conference, Furner addressed a question from Robby Ohmes, the managing director of Bank of America Securities, about Walmart s fintech future. Walmart has so far simply announced that it intends to launch a fintech venture with investment firm Ribbit. During an interview, Ohmes asked Furner if the retail industry cou
CommerceHub to Participate in Bank of America s 2021 Consumer & Retail Technology Conference
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ALBANY, N.Y., March 8, 2021 /PRNewswire/ CommerceHub, a leading provider of ecommerce solutions for enterprise retailers and brands, today announced it has been invited to co-host a session on the growing importance of the digital supply chain at this year s Bank of America Consumer & Retail Technology Conference.
The conference is being held virtually March 9-11, 2021, with major retailers, including BJ s Wholesale Club, Walmart, Macy s, DICK S Sporting Goods and more set to speak about how changing demographics and new technologies in the current environment are driving innovation, consumer preferences and efficiencies.