Inventory

Are Rising Retail Inventories Boosting U.S. Economic Growth in 2024?
Operations & Management Are Rising Retail Inventories Boosting U.S. Economic Growth in 2024?

Recent data released by the Commerce Department’s Census Bureau has shown that June 2024 saw a moderate increase in U.S. business inventories, which ticked up by 0.3% after a 0.5% rise in May. This increment aligns with economists' expectations and is predominantly attributed to a notable u

How Will Jesta I.S. Transform This Luxury Retailer's North American Strategy?
Tech & Innovation How Will Jesta I.S. Transform This Luxury Retailer's North American Strategy?

A historic luxury retailer is making a transformative leap into the North American market, leveraging advanced technology to elevate its operational framework, customer experience, and overall business performance. Central to this endeavor is the strategic partnership with Jesta I.S., a leading

AI Revolutionizes Sustainable Practices in Retail Supply Chains
Operations & Management AI Revolutionizes Sustainable Practices in Retail Supply Chains

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

The Paper Store Modernizes with Mobile POS and Inventory Solutions
Operations & Management The Paper Store Modernizes with Mobile POS and Inventory Solutions

The Paper Store is breaking new ground in modernizing its store operations by incorporating the Jumpmind Commerce mobile POS platform across its 105 U.S. locations. This significant transformation replaces a legacy monolithic POS system, leveraging over 800 Apple iPad and iPhone devices to bring

How Will Hilco's Acquisition Impact HanesBrands' Retail Footprint?
Operations & Management How Will Hilco's Acquisition Impact HanesBrands' Retail Footprint?

Hilco Consumer-Retail has finalized its acquisition of HanesBrands' Hanes Outlet and Maidenform stores as of July 27, marking a significant shift in the retail landscape for both companies. While the specifics of the deal, such as the financial terms and the exact number of stores involved,

Amazon Updates Fulfillment Strategy for 2024 Holiday Shopping Season
Operations & Management Amazon Updates Fulfillment Strategy for 2024 Holiday Shopping Season

As Amazon gears up for the 2024 holiday shopping season, including the highly anticipated Black Friday, the e-commerce giant has announced significant changes to its logistics and fulfillment processes. These adjustments are aimed at enhancing the efficiency and effectiveness of inventory

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