Target suppliers are being asked to take 3-5% of the cost of marketing expenses to get rid of slow-selling items on store shelves. The requests come after Target experienced a drop in sales for the quarter ending April 30.
Samsung SDS plans to spin off its logistics process outsourcing business, which handles some logistics operations for Samsung Electronic. Few details of the plans have been disclosed, but one report points to Samsung C&T Corp. as a possible buyer of Samsung SDS.
Google may be looking to develop autonomous and remote-controlled robots that would move cargo around in warehouse space. The company was awarded a patent this week, which outlines a strategy for cargo-carrying robots.
Customer relationship management software provider Salesforce.com is investing $50 million to fund startups and build an incubator that will be housed at its San Mateo, Calif., offices. Salesforce has long invested in software startups. Last year, it put $100 million toward European startups alone.