The retail industry has been undergoing seismic changes, with longtime mall stalwarts struggling to stay afloat. Rue21's recent announcement that it will close all 540 stores following its third Chapter 11 bankruptcy filing has raised alarms about the viability of mall-based retail operations.
In an age where digital retail is often touted as the future, the resurgence of brick-and-mortar stores might appear counterintuitive to many observers. However, Monos, a direct-to-consumer (D2C) travel and luggage brand, has embraced an omnichannel retail strategy that has unexpectedly amplified
Max Retail, a platform specifically designed to assist independent retailers and brands in managing excess inventory, has successfully raised $15 million in a Series A funding round led by Nosara Capital, with additional participation from Rethink Impact, LA-based venture capital firm M13, The
Waitrose, a high-end UK supermarket, is piloting a new stock management technology aimed at boosting inventory availability and ultimately enhancing the customer experience. This initiative follows a period of challenges stemming from the implementation of a new ERP (Enterprise Resource Planning)
Century 21 NYC, a renowned name in off-price fashion retailing, has embarked on a significant technological transformation following its flagship store’s reopening in May 2023. By adopting Jesta I.S.'s cloud Merchandising ERP and Analytics system, the retailer aims to modernize its operations,
As the holiday season approaches, Amazon is taking proactive steps to ensure seamless deliveries and bolster customer satisfaction. The e-commerce giant's latest move is advancing its inventory submission deadline by one week, a part of a broader strategy to streamline operations and address
