The retail sector is grappling with alarming cybersecurity challenges and a significant gap in resilience strategies as revealed in the "2024 Futures Report: Cyber Resilience in Retail" by LevelBlue. Despite the rapidly evolving digital landscape, only 37% of surveyed retail executives
In recent years, Under Armour has confronted substantial challenges, including declining revenues and rising operational costs, prompting the company to launch a comprehensive multiyear program aimed at streamlining its supply chain operations. Highlighted by President and CEO Kevin Plank, this
In today's increasingly eco-conscious consumer market, businesses must navigate the challenge of making effective and honest green claims while avoiding the pitfalls of 'greenwashing.' The importance of this endeavor can’t be understated, as misleading green claims not only deceive c
In a rapidly evolving market where global e-commerce is surging, the travel retail sector finds itself at a pivotal crossroads. Traditional methods of maintaining customer loyalty, primarily anchored in offering lower prices and duty-free shopping benefits, are increasingly proving ineffective. To
The National Retail Association has introduced the "Best Practice Guide for Environmental and Sustainability Claims," aimed at complementing the Australian Competition and Consumer Commission's (ACCC) existing guide, "Making Environmental Claims." This initiative is
As the world emerges from the grips of the COVID-19 pandemic, businesses are finding the need to adapt to the rapidly shifting market landscape in order to stay competitive and relevant. The pandemic accelerated digital transformation across various sectors, compelling companies to pivot their
Project Retail, a workforce education program aimed at facilitating significant personal and professional growth for its participants, recently celebrated its latest graduation ceremony at the SoNo Collection's Magnificent Room in Norwalk, CT. This nine-week program saw 57 graduates from
In a rapidly evolving retail landscape, Kroger stands at the forefront of innovation, leveraging cutting-edge robotic technologies developed by Ocado Group to transform its fulfillment operations. This groundbreaking partnership, established in 2018, focuses on enhancing Kroger's supply chain,
In an ambitious move to bolster the digital capabilities of small and medium-sized enterprises (SMEs) in Singapore's retail and security sectors, the Infocomm Media Development Authority (IMDA) has launched two pioneering solution categories under its Advanced Digital Solutions (ADS) scheme.
In an era where sustainability has transitioned from a nice-to-have to a must-have, the retail and consumer packaged goods (CPG) sectors are under immense pressure to adapt. The urgency is driven by regulatory mandates, consumer expectations, and the ethical imperative to reduce environmental
