Supply Chain
This spring, Target made the strategic decision to integrate clothing designer Lilly Pulitzer into its array of product offerings. Within half an hour, the preppy, chic floral prints were completely sold out — signifying both success and opportunity. Before its collaboration with Lily Pulitzer, it can be assumed that Target researched its audience, understanding that…
Today’s retailers are faced with major challenges. They need to offer the most advanced and savvy products, get those products into the hands of customers as quickly and as cost effectively as possible, and meet demand and keep shelves stocked. Due to technological advancements, high consumer expectations and the lightning-quick pace of the retail industry,…
Investors might appreciate it more if Burlington Stores just said, “we blew it, and it won’t happen again,” rather than blaming “receipt flow issues” related to the timing of Easter for disappointing sales. The discount retailer’s stock tumbled 8.4 percent Tuesday, suffering the biggest one-day percentage selloff since the company went public on Oct. 2,…
Supply chain networks were once invisible to customers, but today that couldn't be further from the truth. When customers aren't happy with delivery times, they will take their business to the competition. This can be prevented with a strong and strategic distribution real estate strategy. Customers who want same-day delivery options shift their loyalty quickly…
Shortly after graduating college, entrepreneur Vishaal Melwani experienced a pivotal moment in his career: he walked into a Men’s Wearhouse in New York City.
Jason Goldberger, Target.com and mobile president, discusses the next phase of e-commerce and Target's big bet on supply chain infrastructure.
Ever since former H&M executive Stefan Larsson took over at Old Navy, the brand has been experimenting with shortening its supply chain and working on a quicker production schedule in order to churn out trendier clothes that are more appealing to its customers. Now, Gap has plans to adopt the same strategy.