Supply Chain
In a keynote presentation earlier this week at Shoptalk in Las Vegas, Art Peck, president and CEO of Gap Inc., detailed four key areas that retailers must not be willing to compromise in order to continually meet rising customer expectations and drive profitable growth. Coincidentally, Peck was on stage a mere four days after Gap…
The success of a retailer has always hinged on its relationship with consumers, driving brand loyalty, repeat store visits and ultimately sales. So retailers have always set strategies that aim to provide optimal service for customers. In today’s increasingly e-commerce-driven and multichannel environment, retailers are shifting their strategies — with the same goal of providing…
"Buy low, sell high" … If you took anything away from any Economics class, that’s probably it. Now that President Trump’s import tariffs have pushed inflation to the highest level in six years, many retailers and distributors are putting that strategy into play. In cases where suppliers pre-announce a price increase or promotion on a…
Four key factors can help online entrepreneurs decide if a 3PL will be a good fit for the next chapter in their company’s success.
The United States is planning to delay additional tariffs on Chinese goods that were scheduled to begin on March 1, President Donald Trump announced on Sunday. In a series of posts on Twitter, Trump cited "substantial progress" in bilateral talks between the U.S. and China. As a result, the president said he would suspend the…
The trade war with China has been cited as a primary cause of much of the recent economic volatility, from the stock market dive last fall to fluctuations in oil prices. While it's clear that tariffs are creating some level of instability as companies and investors try to guess what will happen next, many retailers…
In 2019, the only thing that’s certain for retailers anymore is this: the traditional business model isn’t working anymore. With 51 percent of Americans now preferring to do their shopping online rather than in person, retailers need to drastically change their business models to keep their customers coming back to their brick-and-mortar stores — or…
Retailers and brands that want to thrive in this era cannot leave the critical last mile to chance.
By focusing on agile, technology-enabled supply chain, retailers can position themselves to meet customer demand across all channels.
When shopping large online retailers, such as Amazon.com or eBay, it's impossible not to notice the seemingly impossible low cost of many China-sourced products. In fact, upon further inspection, it's often the case that all these extremely low-priced items even include free shipping. This begs the question: How can China afford to ship products to…