Supply Chain
The Inflation Reduction Act (IRA) is coming and so too will changing consumer tastes as tax credits for investments in solar and wind power, electric vehicles, and energy-efficient appliances drive increased purchases in these areas. Auto companies, home improvement brands, and retailers with energy-efficient windows, A/C, furnaces, heat pumps, etc., need to start modeling and…
It's hard to overestimate the reach that Amazon.com has these days. What started as an online book retailer has become more than a marketplace; it's a place for market solutions. Love it or hate it, Amazon is truly a phenomenon of the 21st century. It’s not like Amazon is slowing down, either. Recently, it added same-day…
The retail supply chain has been stuck in a perpetual cycle of disruption for the last three years. From coping with the fallout of COVID-19 to navigating the shifting landscape as a result of the Russia-Ukraine crisis, the retail industry has had to constantly lurch from one priority to the next to find some sort…
Nike reported last week a 44 percent increase in inventory compared to the prior year period, driven by an increase in inventories from ongoing supply chain volatility. As a result, the sportswear brand plans to ramp up discounting and promotions to clear out some of its $9.7 billion in footwear and apparel before the holidays. On…
If there has been one sweeping theme across the retail landscape in 2022 — and there has been — it’s supply chain. A new benchmarked study of 1,150 online consumers from Dotcom Distribution suggests several areas brands and retailers can tackle to shape the ideal customer experience, even during a period of uncertainty in the…
Agility is the name of the game this year as brands prep for the peak season while navigating this volatile and uncertain market. As American consumers grew more pessimistic over the summer amid inflation and persistent supply chain disruptions, brands have learned some valuable lessons operating in the midst of uncertainty which can help them adjust to market…
Despite inflation chatter dominating economic discussions, U.S. container imports in August 2022 (the most recent data) were 2,529,042 twenty-foot equivalent units (TEUs), which is up 18 percent from pre-pandemic August 2019. This is the first month since August 2020 that there has not been record imports vs. the previous year. With the holiday shopping season fast…
Supply chains and logistics have seen seismic shifts forward in recent years. In 2020 alone, companies fast-tracked the digital transformation of their internal operations — and their customer and supply chain interactions — by three years to four years. The digitization of third-party logistics (3PL) providers began in the mid-90s, but the pandemic fueled progress…
The White House struck a tentative deal Thursday to avoid a rail strike that risked major disruptions across the United States, with freight workers securing a key demand. The agreement between major freight rail operators and two large unions — the Brotherhood of Locomotive Engineers and Trainmen and SMART Transportation Division — highlights the labor movement’s growing…
While all industries have seen an uptick in sustainability marketing in the past few years, retail — and fashion in particular — is one of the worst offenders when it comes to greenwashing. The International Consumer Protection and Enforcement Network (ICPEN) found as many as 40 percent of sustainability claims could be unsubstantiated, while Changing Markets…