Supply Chain

Next Reports Strong Q1 Performance with Continued Sales Growth Outlook
Operations & Management Next Reports Strong Q1 Performance with Continued Sales Growth Outlook

In a testament to robust consumer spending, retail giant Next has reported a remarkable performance in its first quarter. The company's full-price sales increased by an impressive 5.7% over the 13-week period ending on April 27, exceeding the previously guided 5% growth. This marks the seventh

Is Rue21's Bankruptcy a Sign of the End for Mall-Based Retailers?
Operations & Management Is Rue21's Bankruptcy a Sign of the End for Mall-Based Retailers?

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.

Max Retail Secures $15M Series A to Revolutionize Inventory Management
Operations & Management Max Retail Secures $15M Series A to Revolutionize Inventory Management

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

Can Real-Time Stock Tech Boost Waitrose's Customer Experience?
Operations & Management Can Real-Time Stock Tech Boost Waitrose's Customer Experience?

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)

How Will Century 21’s ERP Upgrade Revolutionize Retail Operations?
Operations & Management How Will Century 21’s ERP Upgrade Revolutionize Retail Operations?

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,

How Are AR/VR and AI Revolutionizing the Retail Industry?
Tech & Innovation How Are AR/VR and AI Revolutionizing the Retail Industry?

The retail industry is undergoing a remarkable transformation with the adoption of cutting-edge technologies like Augmented Reality (AR), Virtual Reality (VR), and Artificial Intelligence (AI). These innovations are not just enhancing customer experiences but also optimizing operations and driving

Loading

Subscribe to our weekly news digest.

Join now and become a part of our fast-growing community.

Invalid Email Address
Thanks for Subscribing!
We'll be sending you our best soon!
Something went wrong, please try again later