Management

FedEx is facing prolonged delays due to winter storms at its Memphis hub last month. The centrally located Memphis hub is FedEx’s largest, chosen in part due to the nearby Memphis International Airport rarely being closed due to winter weather. But, “rare” does not mean “never"...

Ask the Accountant… Question: I produce my month-end statements and then do my reconciliations whenever the statements are ready. Is that the right order? Answer: Reconciliations are an important step in keeping your data up to date. Reconciliations are a safeguard that your numbers are correct, or at least entered in your system. A reconciliation…

Universal Unilink announced that it has hired Alison Adams as marketing manager. Adams will curate strategic marketing campaigns; plan, design, and implement content; and work closely with suppliers to deliver pertinent news to members. Adams brings with her three years of marketing and advertising...

Regularly scheduled, well-structured management meetings can spell the difference between accomplishments and falling short of goals.

The Protecting the Right to Organize (PRO) Act (H.R. 842) would, among other things, prevent American employers from “misclassifying” their employees, preventing them from receiving union benefits. In doing so, it would essentially eliminate independent contractor status, with major implications for promo businesses...

Westbridge Capital Ltd., through its subsidiary, Overture Promotions Inc., closed the acquisition of the business of promotional products company Overture. Westbridge Capital will be supporting a team led by Lou Weisbach and JoAnn Gilley. Weisbach founded HA-LO Advertising Specialties in 1971, and served as its CEO for almost three decades. During Weisbach’s tenure, HA-LO became…

By bringing in new ideas, even the most efficient operation can save money.

Gildan Activewear reported strong results for the fourth fiscal quarter of 2020, with sales up 4.8% year over year to $690 million. For the full year, Gildan's sales were down $225.3 million due to the pandemic's impact in Q1 and Q2, but the company's fourth-quarter numbers are an encouraging sign for the apparel market...

DeShaun Diggs shares his thoughts on the expanding need for diversity recruitment and diverse sustainability in this industry. As someone who is able to articulate the value of racial and generational diversity to fellow industry leaders, DeShaun continues to be an advocate for a more inclusive market...

We've watched BAMKO closely over the last year, as the distributor has been one of the promo industry's biggest success stories during the pandemic. Now, the company's full-year and Q4 results are in, giving us a complete picture of BAMKO's sales and providing some valuable insights for the rest of the industry...