Supply Chain
Last year, the retail industry had its most lucrative holiday shopping season in years, and 2018 is expected to beat that record. According to the National Retail Federation (NRF), holiday retail sales in November and December are expected to increase between 4.3 and 4.8 percent over 2017 for a total of $717.45 billion to $720.89…
Organizations see AI in the supply chain as a prime investment to drive greater efficiency, quality control and cost savings.
With the holidays upon us, retailers are preparing for a successful season in the midst of a trade war. Given the volume and velocity of sales during this season, supply chain decisions will be make or break for many retailers. As consumers start seeing targeted holiday ads, retailers will need to ensure highest on-shelf availability…
Retailers must look to the digital supply chain to carry the weight to meet consumer expectations.
Last month, Fruit of the Loom, a stalwart of the mass-market wholesale industry, stunningly announced that it was releasing a new direct-to-consumer line to be sold online only. Such a drastic departure from Fruit of the Loom's traditional model serves to underscore what's becoming undeniable in the evolving retail landscape: brands must make bold digital…
As a retailer, you face an ongoing battle to determine who your customers are, the merchandise and services required to attract and retain their business, and where and when they want to shop. As the consumer gains more power with access to greater information and less loyalty to a brand or store, the battle lines…
I had the following email forwarded to me yesterday from a UPS Freight customer. And I have to say, I can’t believe UPS is doing this! The news starts at paragraph three … UPS Freight will not be picking up freight as the freight contract with the Teamsters gets close to the vote. Essentially, UPS will not be…
Target for the first time ever will offer free two-day shipping with no minimum purchase required this holiday season. The move comes as Target bids to win shoppers over rivals Walmart and Amazon.com. The retailer said Tuesday that starting Nov. 1 and running through Dec. 22, "hundreds of thousands of items" will be eligible for free, two-day…
The proposed increase in shipping and mailing fees at the U.S. Postal Service (USPS) could cost Amazon.com more than $1 billion in 2019, according to a Credit Suisse report. "As we roll forward the sensitivity analysis to 2019, we arrive at a potential incremental shipping expense range of $400 million to $1.1 billion, with the assumption that 40…
Qurate Retail Group (QRG) announced several initiatives designed to better position its HSN and QVC U.S. businesses for long-term growth. Most important is the formation of an integrated business unit called QXH, which Qurate said will ensure an aligned approach to the U.S. market. As part of the transformation, Qurate will eliminate 350 positions by the…