SpartanNash, DoorDash sign delivery, distribution deal | Inflation rate eases slightly, still near 40-year high | DXP posts Q1 gains, plans more acquisitions
SpartanNash is tapping DoorDash to allow delivery from more than 100 SpartanNash locations, as well as 2,100 independent retail partners. SpartanNash is also stepping up as a distributor of pantry and household products for DoorDash's DashMart concept.
The consumer price index hit 8.3% in April, above the 8.1% analysts expected, while the core consumer price index, which removes food and energy prices, rose 6.2%. Though consumer price increases remain near a four-decade high, this was the first time in eight months the inflation rate fell, as energy prices eased and supply chains improved.
DXP Enterprises earned $12.6 million in the first quarter, up from $371,000 in the year-ago period, on sales of $319.4 million, up from $245.6 million. DXP has a "robust acquisition pipeline" to build on the first quarter's three purchases, Chairman and CEO David Little says.
More revenue. Zero extra sales effort The easier you make it for customers to transact with you, the more frequently they will buy. It all starts with customer service. This free extract shows how to build a 'best in class' customer service team AND free up your salespeople for 11X more selling conversations. Get the first four chapters FREE.
Studies by JLL, Newmark Group and Cushman & Wakefield indicate warehouse space is showing its age, with significant numbers of structures that are at least 50 years old and are ill-suited to meet modern-day distribution needs because of their limited heights, insufficient trailer space, inadequate power systems and other problems. New warehouse space and modifications are in the pipeline, but completion is being hampered by issues with labor and materials, according to Lisa DeNight, national industrial research director at Newmark Group.
Just the Facts, Ma'am "I stopped watching TV news a year ago, so sick of the bias everywhere. But in doing so, I was out of the loop. I decided to give 1440 a try & I've not been disappointed. Finally, Walter Cronkite style reporting! Just the facts. I also love that I can click a link to see more on many stories. Keep up the good work!" Join for free now.
The top ways business-to-business marketers can improve content is by reducing the volume of sales messaging, making it more concise and less copy-heavy and supporting it with research and data, according to a survey of B2B buyers by Demand Gen Report and ON24. Respondents said the content that's most memorable and makes them likely to accept sales calls uses data to support claims, tells a strong story that speaks to the buying committee and is filled with shareable insights and statistics.
Customers might be more likely to lie to an online customer service chatbot than when talking with a human being, according to an experiment conducted by a team that included Alain Cohn, behavioral economist and assistant professor at the University of Michigan. "While there's no eliminating dishonesty, it is possible to predict who is more likely to lie to a robot, and then push those users to use a human communication channel instead," Cohn writes.
Leaders hold themselves back when they vent their anger on subordinates, deny obvious problems and blame others while rationalizing their own bad behavior, writes Lolly Daskal. "To combat rationalization, regularly ask people you trust to speak honestly with you about your leadership, and take stock of your moral compass to make sure you're leading with an open mind and open heart," Daskal writes.
If you are looking for insights on creating and building your marketplace strategy, NAW offers this free webinar for distribution leaders on Marketplace Disruption and Strategic Response on Thursday, May 12, 2022. You will hear from Ian Heller, Co-founder and Chief Strategy Officer at Distribution Strategy Group, and Alex Moazed, founder and CEO of Applico. These two Thought Leaders along with a panel of distributors, will discuss their own marketplace strategies and share the business decisions that led to their specific strategies. Be sure to register today!