Walmart has pioneered the "big box" model of retail, with big box stores and even bigger warehouses to house its massive logistical operations. Now, Walmart has built its largest fulfillment center yet outside of Indianapolis. The center is the second of a whole new breed of fulfillment centers Walmart calls "next generation" facilities. These new facilities are purpose-built not only to serve Walmart stores but online sales as well. The newest fulfillment center is 2.2 million square feet. Ben Ames reports on the facility for DC Velocity: Retail giant Walmart on Thursday opened the second of … [Read more...]
Archives for June 2023
READER RESPONSE: Remember When You Were A Kid and Money Was Free?
You may have been thinking back to your childhood when you read this month's RAGE Gauge, titled "Remember When You Were A Kid and Money Was Free?" Maybe you were thinking about how much work it took to earn enough money for a movie and some ice cream on the weekend back then. Or maybe about how much more that costs now. After reading the June RAGE Gauge, my friend John wrote to me to describe how his parents encouraged him to earn money as a child and young man, and how he passed that valuable work ethic and saver's mentality on to his own children. He wrote: Good morning E.J., Your … [Read more...]
Investing Mistakes to Avoid: #9 Hobbyist or Hobbit?
“We are plain quiet folk and have no use for adventures. Nasty disturbing uncomfortable things! Make you late for dinner!” said Bilbo Baggins to Gandalf in The Hobbit. Which leads me to “Investing Mistakes to Avoid: #9 Hobbyist or Hobbit?” This is a story about a recently retired investor. The hobbyist investor. The most dangerous one of all. You see, it’s the recently retired investor who, with a fresh outlook on life, thinks he doesn’t need “experts” to guide him. Who yearns for one more bite of the apple. Who imagines himself scoring with artificial intelligence or high-yield … [Read more...]
NASA Lines Up Corporate Collaborators for Future Missions
NASA has developed partnerships with seven American companies to develop the future of the space program. In a press release, NASA's Joshua Finch and Gary Jordan announced the agency's partnerships and explained their goals in the press release below: NASA will partner with seven U.S. companies to meet future commercial and government needs, ultimately benefitting human spaceflight and the U.S. commercial low Earth orbit economy. Through unfunded Space Act Agreements, the second Collaborations for Commercial Space Capabilities-2 initiative (CCSC-2) is designed to advance commercial … [Read more...]
Can Portland Avoid Collapse?
You have read many sad stories on Yoursurvivalguy.com about the city of Portland, OR. If you're a new reader, here's a sample: Walmart Evacuates as Portland Spirals Out of Control “OUR CITY IS IN PERIL” Portland Business Owners Plead for Help WOKE WOES: Portland Sinks Under Crime Wave Murders SOAR in Portland Where Police Were Defunded PORTLAND DEFUNDED POLICE: Homicides Rose by 1175% Portland Police Take a Stand Against Politicized Prosecution In a piece in City Journal, Michal J. Totten describes the city's descent into chaos, including anarchy, drugs, homelessness, … [Read more...]
The Case for Individual Stocks: Now More than Ever
UPDATE 11.18.2020: Has there been a company better positioned for the pandemic than the Home Depot? If your fire pit is more like your new outdoor living room, you know exactly what I'm saying. It's almost impossible to find those neat outdoor heaters. The same goes for pressure-treated wood. We're all trying to make our involuntary staycation one worth remembering. During a talk with Dick Young yesterday, he recalled graduating from Babson in 1963. Home Depot co-founder Arthur Blank also graduated from Babson that year. Their class has, as a whole, been most active in giving back to the … [Read more...]
LETTER #2: Federal Reserve Chairman from Your Survival Guy
Dear Chairman, I know you’re busy. Forgive me for writing without hearing from you. But successful Americans, the ones I work with, still have questions. But first, I do recognize you’re in a tough spot. An unelected official trying to please those busy bees buzzing about the White House while keeping decorum within your ranks. Yesterday’s unanimous vote speaks volumes to that (Good or bad? I lean toward bad, but you didn’t ask). Excuse my rudeness, but has half the group already landed for their European vacation? The pressure you’re feeling from the real estate brigade must be … [Read more...]
BEER BATTLE: Modelo Especial Seizes Top Beer in America from Bud Light
America's top-selling beer is no longer Bud Light. Anheuser-Busch has learned firsthand what the words "Go Woke, Go Broke" mean, and sales of Bud Light plummeted after its ill-advised woke marketing campaign. Katherine Hamilton reports in Forbes: Modelo Especial became the most-sold beer in the U.S. in May, pushing Bud Light out of the No. 1 spot it’s held for decades, as Anheuser-Busch struggles to overcome widespread boycotts and controversy stemming from ties with a transgender influencer. About 8.4% of retail beer sales were Modelos, while Bud Light made up 7.3% of sales during the … [Read more...]
The Value of Being an Expert
I like this piece from Cal Newport, who emails me regularly (and will email you, too, if you're a subscriber to his emails). He writes mostly about optimal productivity, organizational behavior, unplugging your digital life, time management, etc. In this piece, he writes about the value of being an expert (or relying on one) through slow productivity to differentiate yourself from the everyday tasks everyone else you know is doing. Enjoy. I found myself recently, as one does, watching the mini-documentary featurettes included on the DVD for the popular 2014 Keanu Reeves movie, John Wick — an … [Read more...]
Another Week of Higher than Expected Initial Jobless Claims
The number of initial jobless claims reported has surprised forecasters to the high side again this week, with claims reported coming in at 262,000. That's the same as last week's number and above the 245,000 that forecasters expected. MarketWatch's Jeffry Bartash reports: The numbers: The number of Americans who applied for unemployment benefits last week was unchanged at 262,000, leaving it at the highest level since October 2021 and pointing to some emerging softness in a muscular U.S. labor market. Unemployment claims typically begin to rise when the economy is deteriorating and a … [Read more...]
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