January 9, 2023
Via: Retail DiveWith the threat of a recession looming, the new year brings about a slew of challenges for retailers recovering from a year of supply chain bottlenecks and inventory surplus. But not all of 2023 is expected to be gloomy. The […]
January 5, 2023
Via: Independent RetailerRetailers have been running around tirelessly trying to keep up with consumer demands and the drastic shifts in the economy. With the year coming to a close and the economic outlook for 2023 looking uncertain, retailers are growing concerned. Supply […]
December 27, 2022
Via: Independent RetailerAfter the pandemic-driven surge in consumer demand that triggered a frenzy of shipping activity and skyrocketing prices, logistics and transportation companies are signaling a fast slowdown. Shipping and wholesale prices are plunging and orders are not being placed as often. […]
December 23, 2022
Via: Retail TouchPointsThe post-COVID-19 retail recovery hasn’t quite gone according to plan. However, during the height of the global pandemic, brands showed that they’re not just able to quickly pivot to overcome roadblocks; in fact, many have been tremendously resilient in the […]
December 21, 2022
Via: RIS NewsRetailing is a cutthroat business with razor-thin margins and tough competition. You have to find every avenue to increase revenue and cut down costs. The supply chain is a business function that you can optimize to achieve exactly that. It’s […]
December 1, 2022
Via: SCMR EditorialAmazon Web Services, Inc. (AWS), an Amazon.com, Inc. company announces AWS Supply Chain, a new application that helps businesses increase supply chain visibility to make faster, more informed decisions that mitigate risks, save costs, and improve customer experiences. The announcement […]
November 7, 2022
Via: ChargedMany people and organisations still view cloud adoption mainly through the lens of IT cost savings, and supply chain-related businesses are no exception. I have much empathy for such a perspective, though, as a technology fellow in a cloud software […]
November 2, 2022
Via: Retail DiveFedEx is preparing for a moderate peak season in terms of demand and has the space to onboard new customers during the holidays, according to Brie Carere, the company’s executive vice president and chief customer officer. “I would not anticipate […]
October 31, 2022
Via: Retail TouchPointsA recent report on the state of the global supply chain describes the current climate as persistently unpredictable. That is not a favorable forecast for any company, regardless of what they are selling. Profitability in large part demands that schedules […]
Customer Engagement, Customer Experience
October 10, 2022
Via: Retail DiveA lack of international tourists, supply chain constraints and rising costs have not stopped luxury brands from thriving in the ever-evolving U.S. retail landscape. From 2016-2019, the luxury market grew 5% per year, outpacing growth in the non-luxury sector. In […]
October 3, 2022
Via: Retail DiveEach holiday season, the retail stakes get higher. For many retailers, the holiday season is both an opportunity to make a big difference in their bottom line and a high-stress period for systems and staff. Consumers are planning to spend […]
September 27, 2022
Via: RetailWirePardon my cynicism, but if I had a dollar every time I heard some variant of the phrase “the customer must be at the center of every retail decision” at Groceryshop last week, I’d be able to buy a nice […]
September 23, 2022
Via: LightspeedThe following checklist will help you to be prepared for your big moment. Your launch day is certainly a memorable one, full of both excitement and hard work. By ensuring that you are ready beforehand, you can reduce stress on […]
Customer Experience, Loyalty Programs
September 22, 2022
Via: Retail TouchPointsInflation and the threat of recession are defining aspects of the 2022 holiday season, but the potential bad news will do little to dampen a potentially successful — if not extraordinary — season. However, even with many of the last […]
September 15, 2022
Via: RetailWireForty-four percent of chief supply chain officers say they have a general sense of potential climate change risks based on previous events, but they have not methodically identified or quantified those risks, according to a Gartner survey. Of the rest, […]
September 13, 2022
Via: SCMR EditorialSupply chain resilience has reached the peak of inflated expectations and will arrive at the plateau of productivity in five to ten years, according to the Gartner Hype Cycle for Supply Chain Strategy, 2022. The peak of inflated expectations highlights […]
August 29, 2022
Via: SCMR EditorialIt is nearly common knowledge at this juncture that the supply chain disruption from Covid is unprecedented and continues, as wave after wave of new virus variants plague supply chains. The struggle to obtain raw materials, shipment delays, and operational […]
August 23, 2022
Via: Independent RetailerToo many retailers are struggling to document the complete makeup of their finished products. A 2021 McKinsey survey found that about half of senior supply chain executives can identify the locations of their tier-one suppliers and the key risks facing […]
August 16, 2022
Via: RetailWireResale is enormously popular. In fact, secondhand apparel, according to thredUp, is expected to grow 16x faster than the market for new apparel by 2026. But these upward trends in resale are occurring across all retail categories. They aren’t exclusive […]
August 11, 2022
Via: RetailWireWith supply chain bottlenecks easing, a scarcity of warehouse space is promising to replace shipping container shortages as the biggest headache in the global supply chain. Logistics real estate giant Prologis recently predicted an additional 800 million square feet of […]