Economy Drives Manufacturers To Go Lean

Today’s manufacturing leaders and plant managers are looking to extend the performance of their production assets, just as consumers are waiting another year to buy a new car or washing machine. A majority say they would outsource non-core functions, specifically, the maintenance of their production machinery and assets, in order to bolster against recession, according ...

Bankruptcies to Extend into 2010

The aftershocks of the current recession are likely to be felt well into 2010, according to a study released today by Bain & Company. The study finds that bankruptcies of U.S. companies with $100 million or more in assets will approach 100 in 2010. The estimate is based on an analysis of macroeconomic trends including ...

How Will the Economy Affect Retail Sales this Holiday Season? 1

The holiday season is a key time for retailers each year; however with the current state of the economy, retailers may have to become more strategic with how they operate in the coming months.  In a recent survey conducted by Harris Interactive, 84% of U.S. adults are currently taking steps to save money as a ...