Younger people aren't filling the manufacturing jobs being vacated by retiring baby boomers, contributing to a "severe" labor shortage, according to a report by the Conference Board. The report notes that more young men are attending college and pursuing white-collar jobs instead.
Augmented reality can help manufacturers train workers as effectively as possible throughout their careers, writes David Immerman. He lists four uses of AR, including visualization and demonstration for training as well as remote assistance.
An April 23 opening has been set for Merlin Entertainment's $30 million SEA LIFE Aquarium at American Dream Meadowlands mall in New Jersey. The 25,000-square-foot "City Under the Sea"-themed aquarium will feature 12 exhibits with over 3,000 marine animals and replicas of iconic buildings including the Whale-dorf Astoria and a 13-foot-tall Empire "Skate" Building.
Chimes Solutions is bringing hundreds of new jobs to Reimagine RedBird, a mixed-use development in Dallas that used to be called Southwest Center Mall. A former Sears store is now filled by a UT Southwestern medical office, new retail buildings are being constructed on parking lot space and a park is also in the works.
Construction has begun on a $35 million redevelopment project at Metro Mall in Miami. The mall, owned by Time Century Holdings, is expected to reopen in the spring of next year with a three-story atrium, valet parking, a security system and a new facade.
The Shops at Oak Brook Place in Oak Brook, Ill., has been sold for $75.3 million, down almost 18% from its May 2018 value. The 177,000-square-foot property is close to fully occupied, with tenants like TJ Maxx, Pier 1 Imports, Nordstrom Rack, World Market and DSW.
Cargo thieves set their sights on trucks far more than other modalities such as trains and warehouses, and they steal goods most often from rigs in transit and in places such as rest areas and unsecured parking spots, according to data from insurer TT Club and supply chain intelligence firm BSI. Nefarious characters prefer lifting food and beverages, alcohol and tobacco, and electronics, and North America ranks second-highest in median value per incident at $80,000.
The cryptic "1 1" message that popped up on Samsung Galaxy phones around the world was a glitch related to internal testing, the company says. The fact that it came from the preinstalled Find My Mobile app, which allows remote locking of phones, made some Galaxy owners anxious, but other than possible battery drain, the notification had no effect.
Forever 21's new owners plan to keep the fashion retailer's stores up and running and will focus on growing its presence in international markets. Simon Property Group, Brookfield Property Partners and Authentic Brands Group teamed up to acquire Forever 21, which currently operates 593 stores including 448 in the US.