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Motorola: Warehouses look to expand IT by 2018
Schaumburg, Ill. – Sixty-six percent of warehouses plan to expand their IT investments by 2018, a 71% increase in the number of warehouses currently planning an IT expansion. A recent survey of 328 warehouse IT and operational professionals in the logistics, manufacturing, retail and wholesale market segments also indicates that 26% of respondents reported that company management views warehouses and distribution centers as an asset that can drive growth for the business.
Other results of the Motorola Solutions Future of Warehousing Survey include: -
Foot Locker Q2 up 12%
New York -- Foot Locker's second-quarter net income increased 12%, partly due to a recent acquisition. (In July, the retailer completed its purchase of German athletic store chain Runners Point Group for $94 million.)
For the period ended Aug. 3, the company earned $66 million, compared to $59 million a year ago. Its results were in line with expectations.
Revenue rose 6.4% to $1.45 billion from $1.37 billion, in line with expectations. Same-store sales rose 1.8%.