In 2024, the global retail industry is undergoing a significant transformation driven by technological advancements. Major retailers are investing heavily in digital tools to enhance customer experience, streamline operations, and maintain a competitive edge. As the retail landscape continues to
In today’s constantly evolving retail market, one of the most pressing challenges is the issue of "zombie SKUs." These are inventory items that remain stagnant, occupying valuable storage space without generating revenue for retailers. Various factors such as returns, the need for refurbishment, or
As the international trade landscape continues to evolve, furniture retailers must stay informed and proactive about regulatory changes that could impact their businesses. Recent developments surrounding the de minimis exemption—allowing goods valued under $800 to bypass standard Customs and Border
The fashion industry is increasingly under scrutiny for issues like excessive production, human rights violations, and unethical sourcing practices. With rising consumer and regulatory expectations for sustainability and reduced emissions, apparel companies are turning to supplier scorecards as
Since Canada legalized cannabis for adult use in 2018, the regulatory landscape has undergone a dramatic transformation, marked by incremental adjustments and ongoing adaptations. Policymakers designed the initial framework with flexibility in mind, anticipating future changes that would address
The recent economic trends, particularly the rise in business inventories, have become a focal point for analysts and policymakers alike. As businesses accumulate stock in response to various market signals, questions arise about the implications for the broader economy and Federal Reserve policy.
