Supply Chain
Apparel chains, finding it tough to coax more dollars from their customers, are now looking to pick the pockets of their vendors, The Post has learned. After a weak holiday season and a challenging year for sales, a growing number of chains are asking their suppliers to fork over discounts. The reason? Suppliers have super-sized their margins because…
With the holidays firmly in the rearview mirror, the start of a new year is the perfect time for retailers to reflect on how sales performed, whether they provided great customer service, and whether their supply chains delivered during a time that's critical for winning — or permanently alienating — customers. Retailers work year-round to…
Amazon.com Inc's China arm has registered as an ocean freight forwarder, according to the U.S. Federal Maritime Commission, a move that will give it more control over shipping products from Chinese factories to U.S. shoppers. The registration is the latest indication that Amazon plans to expand its logistics reach to cut costs for its retail business…
The chief executives of seven top clothing companies, including Hennes & Mauritz (H&M), Gap, and Adidas, are calling on governments to agree to a strong climate change deal, saying they fear global warming will drive up their costs. Almost 200 nations are meeting in Paris until Dec. 11, trying to work out a deal to…
Rising freight costs — which have leaped by 14 percent since 2013 — are robbing retailers of the savings they’ve made in other links in their supply chains, a new survey from The Boston Consultancy Group (BCG) and the Grocery Manufacturers Association (GMA) finds. As small to midsized retailers struggle against this rising tide of…
Business executives from global clothing giants H&M, Inditex and Gap have canceled trips to Dhaka this month after the killings of two foreigners, industry sources said, causing anxiety for Bangladesh's $25 billion garment export sector. Bangladeshi suppliers to the world's top brands said they didn't expect the disruptions to hurt their orders for the year-end Christmas…
Suppliers of everything from groceries to sports equipment are already being squeezed for price cuts and cost sharing by Wal-Mart Stores. Now they're bracing for the pressure to ratchet up even more after a shock earnings warning from the retailer last week. The discount store behemoth has always had a reputation for demanding lower prices from…
Like those first-day outfits or that must-have laptop, “omnichannel” is a hot commodity in retail. As retailers look to create a unified selling front to consumers whether they're in-store, online or on their smartphone, they must simultaneously reinvent their supply chains, which have historically been optimized for brick-and-mortar. To capitalize on the combination of back…
H&M, Europe’s second-largest clothing retailer, is rolling out a more generous compensation program for its Asian suppliers to improve factory conditions and combat unrest in the countries that produce the majority of its apparel. The Swedish retailer, which has 3,649 stores across 59 markets, is introducing a “fair wage method” to 68 factories in China, Cambodia…
The world’s largest retailer has put suppliers on notice: Pay attention to the little things before they become big problems. Wal-Mart last week sent out a memo to hundreds of suppliers, from Kraft Heinz Co. to Nestlé SA, warning them to comply with labeling laws, emphasizing that the amount inside a package matches what's printed on…