Supply Chain
With current concerns about the impending severity of COVID-19, consumers are taking steps to prepare for personal impact โ even to the point of major retailers selling out of supplies such as water and hand sanitizer. Another consideration for retailers, however, should be peripheral effects on the entirety of the supply chain, given China's heavyโฆ
Consumers today have more choices than ever before when it comes to the items that curate their life, which can often rely on the latest trends or fashion statements. When it comes to keeping up with timely demands, retailers often struggle to keep their shelves stocked with the latest trending item at any given time.โฆ
In todayโs fast-moving retail environment, itโs more critical than ever that companies invest in strengthening the foundations of their business. To succeed in this ever-evolving market, business leaders must bring products to market faster, attract new customers, and stand out against increasing competition. A tech-enabled approach to sourcing and supplier strategy is one fundamental way retailers can set themselves up to notโฆ
Amazon.com on Monday warned customers that both its Prime Now and Amazon Fresh services have been overwhelmed by demand sparked by coronavirus fears and would have limited availability, according to Bloomberg. This means shoppersโ orders are being delivered more slowly than usual due to an influx of virus-spooked shoppers who are turning to the worldโs largest online retailerโฆ
Online shoppers werenโt really asking for free two-day delivery until Amazon.com made it available as part of its Prime membership in February 2005. That moment changed the e-commerce world forever. Amazon is at it again, now getting its customers addicted to free one-day delivery. Living up to this free and fast shipping expectation through yourโฆ
Walmart announced today that it's rolling out a new service called Walmart Fulfillment Services (WFS) that offers selected marketplace sellers access to its supply chain capabilities, including storing, picking, packing and shipping items, as well as the handling of returns and customer service. The retail giant said in a statement emailed to Total Retail that WFSโฆ
In July 2019, the University of California sued Amazon.com, Walmart, Target and other major retailers for patent infringement related to โfilamentโ LED lightbulbs. Not only is the university seeking damages, but it has also asked the U.S. International Trade Commission (ITC) to investigate the retailersโ conduct. While the case is currently on hold pending theโฆ
Hereโs the thing about time: we never have enough of it. This couldnโt ring any truer for U.S. retailers looking to bounce back from a challenging 2019 holiday season. With Thanksgiving landing on Nov. 28 โ six days later than the holiday in 2018 โ retailers were left with far less time to strategize andโฆ
As we move further into 2020, the line between how retailers define luxury, especially as it pertains to consumer taste and expectation, has become an increasingly communal process. In order to achieve success, brand representatives and buyers have gravitated towards listening to their customers, engaging with them via social media, and including their feedback throughoutโฆ
The rush of the holiday season has passed and your retail business is ready to dive headfirst into 2020 sales. If, like most retailers, you're planning to make this your best year yet, you're probably looking to significantly increase your volume of orders. It's a noble aspiration, however, if you're unprepared to meet these ever-growingโฆ