Supply Chain
April 20, 2021 at 6:25 pm
lululemon athletica on Tuesday announced its first-ever recommerce program and will pilot a trade-in program in California and Texas next month, with plans to expand to an online resale program in June, reports CNBC. According to a company press release, lululemon Like New is a recommerce model for guests to rethink, revive and rediscover lululemon…
April 14, 2021 at 1:14 pm
Local retailers serve a critical role in our lives as places that feed and nurture us, supply our basic needs, and contribute to the local and national economy. This interview is the second in a three-part series with my friend and mentor Jocelyn Mangan, CEO and founder of CEO and founder of Him For Her, a social…
April 12, 2021 at 4:01 pm
COVID-19 has changed the way retailers do business now and into the future. Today’s consumer essentially has three core demands: make my life easier, make my life better, and make my life more fulfilling. Retailers are responding to these consumer requirements with more urgency in the wake of COVID-19. The pandemic-induced shift to much higher…
April 8, 2021 at 5:16 pm
The retail world was rocked this past year with pandemic-led surges in demand for e-commerce and at-home delivery. While many retailers were successful in making the pivot or ramping up their delivery cycles to meet capacity, it certainly didn't come without its challenges. The interesting aspect to the surge in e-commerce we experienced this past…
March 30, 2021 at 1:33 pm
COVID-19 has created significant market and supply chain disruptions due to unprecedented shifts in both supply and demand. With retailers and brands cutting inventory, resulting in limited product availability, it's more important than ever that retailers and brands make fast, accurate product design, selection, and pricing decisions to lock in their share of scarce supply.…
March 23, 2021 at 7:39 pm
With the retail apocalypse showing no signs of slowing down, brands hoping to survive need to harness intelligent technologies to ensure they thrive. Retailers must look at ways to integrate innovative solutions and accept that infusing artificial intelligence (AI) through a chatbot on your website, while important, is no longer enough. Instead, retailers should use…
March 17, 2021 at 2:57 pm
Online shopping has been on the rise for years, but due to the coronavirus pandemic, that growth skyrocketed in 2020. You just have to look at the trends from this last holiday season to see the proof: 71 percent of U.S. adults were planning to do more than half of their holiday shopping digitally in 2020,…
March 16, 2021 at 4:43 pm
The spread of the pandemic has dramatically changed the way shoppers purchase goods. While there was already an increase in online shopping prior to the pandemic, that has jumped to record numbers amid shutdowns. Customers have grown accustomed to the convenience of receiving their products straight to their door. An Oracle survey reported that not…
March 11, 2021 at 10:12 pm
Soon after the holidays are over we shift from the season of giving to the period of returns. The 2021 returns period post-holidays was different from others; extended return deadlines caused a massive backlog with regards to shipping and processing. In addition to the extended deadlines, retail companies such as Walmart made it easier for…
March 9, 2021 at 11:52 am
RC Willey Home Furnishings is a Furniture Today Top 100 retailer owned by Berkshire Hathaway and based in Salt Lake City. Offering exceptional selection, value, and service for over 80 years, it currently operates 13 stores and three distribution centers in Utah, Nevada, Idaho, and California. Unlike many home furnishings retailers, RC Willey sells appliances,…
