Business

Major pet store closing 75 locations nationwide, slowing expansion

A major rural lifestyle retailer is closing dozens of pet stores in its portfolio around the country as it reevaluates both its existing footprint and growth plans. Tractor Supply released its latest earnings report last week and revealed plans to close 75 Petsense locations around the country.The company said in…

Company bets 0K on AI to make trades workers ‘better, stronger, faster’

A facilities management company is investing $200,000 in artificial intelligence to help skilled trades workers become more productive. New Jersey-based NEST Integrated Facilities Management announced last week that it is partnering with Saint Joseph’s University in Philadelphia on “The Hawk’s NEST: Building the Future of IFM and Skilled Trades Intelligence.” The…

Ford enters competition to develop new US Army tactical truck

Ford Motor Co. is pursuing what could be its biggest military contract in decades as it competes to build a new tactical truck for the U.S. Army. The automaker has secured a Department of War contract to develop three prototypes based on its F-Series Super Duty pickups, The Wall Street…

New CEO inherits Cracker Barrel still recovering from rebrand backlash

Traffic at Cracker Barrel locations is yet to fully recover from the backlash against its failed rebrand last year despite signs of improvement, company executives said on the restaurant chain’s most recent earnings call. The company has been looking to put itself on a more solid financial footing after sales…