Retail: Page 13
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Courtesy of Big Lots
Big Lots acquires entire inventory of toy company Hearthsong
The move is part of the company’s larger strategy to reclaim its position in off-price and closeout sourcing.
By Tatiana Walk-Morris • Feb. 27, 2024 -
Courtesy of Walmart
Walmart trims store-to-home delivery costs by 20%
The retail giant's CFO credited the improvements in part to "densifying the last mile" by delivering more packages per route.
By Max Garland • Feb. 26, 2024 -
Kaarin Vembar/Supply Chain Dive
Walmart hits supplier emissions goal 6 years early
The retailer’s vendors have already reported enough projects to fulfill Project Gigaton’s target of cutting 1 billion metric tons of greenhouse gases from its supply chain.
By Ben Unglesbee • Feb. 23, 2024 -
Courtesy of Walmart via Businesswire
Walmart deepens India sourcing after spending $30B in the country
The retailer recently hosted a supplier summit in New Delhi to hear pitches that could lead to sales through the retailer or its third-party marketplace.
By Ben Unglesbee • Feb. 22, 2024 -
Daphne Howland/Supply Chain Dive
Under Armour inventory ticks closer to normal as freight, supply costs fall
The sportswear brand — finally — posted a decline in stock levels while executives said it has worked with vendors to lower product costs.
By Ben Unglesbee • Feb. 20, 2024 -
HJBC via Getty Images
Accenture to acquire procurement consultancy Insight Sourcing
The consulting giant sees an opportunity to help private equity firms tackle management of spend, cost and suppliers across their portfolios.
By Ben Unglesbee • Feb. 15, 2024 -
Daphne Howland/Supply Chain Dive
Dollar Tree COO takes on supply chain oversight
Mike Creedon “will have full end-to-end accountability for delivering a best-in-class store experience for our customers," the discount retailer's CEO said.
By Tatiana Walk-Morris • Feb. 14, 2024 -
(Tim Boyle/Getty) via Getty Images
HanesBrands to lay off nearly 160 employees in North Carolina distribution center
The apparel company plans to repurpose the facility as it streamlines operations.
By Alejandra Carranza • Feb. 14, 2024 -
Sayed Hassan via Getty Images
Retail and apparel groups call for secure travel on the Red Sea
The trade organizations cited rising rates, delays and at least $80 billion in cargo that has been diverted around the region amid attacks.
By Ben Unglesbee • Feb. 14, 2024 -
Courtesy of Zulily
Online retailer Zulily’s inventory is up for sale as it winds down
After throwing in the towel in December, the struggling e-tailer’s remaining products — $85 million worth — are being liquidated along with warehouse equipment.
By Ben Unglesbee • Feb. 12, 2024 -
cofotoisme via Getty Images
Retailers have finally tamed their inventories: report
Sales growth outpaced inventory in the third quarter for the first time since the pandemic began, according to Telsey Advisory Group analysts.
By Ben Unglesbee • Jan. 29, 2024 -
Courtesy of Academy Sports and Outdoors
Academy Sports and Outdoors appoints new chief supply chain officer
Robert Howell will take on the role next month, as the company expands its product assortment and store count.
By Tatiana Walk-Morris • Jan. 25, 2024 -
Allison Joyce/Getty Images via Getty Images
OpinionWhy top apparel brands fall short in supplier partnerships
Improving supply chain working conditions requires clarity of expectations and accountability on both sides.
By Sanchita B. Saxena • Jan. 19, 2024 -
Sayed Hassan via Getty Images
Businesses remain worried about disruption amid geopolitical, sourcing risks: report
Embracing change can mean nearshoring, retooling distribution networks and paying suppliers more for materials, according to AlixPartners.
By Ben Unglesbee • Jan. 18, 2024 -
Peyton Bigora/Supply Chain Dive
Supplier sues UNFI in chargeback spat
Omaha Industries alleges that the grocery distributor withheld over $250,000 from invoice payments to offload its own risk.
By Ben Unglesbee • Jan. 18, 2024 -
Daphne Howland/Supply Chain Dive
Lowe’s names new EVP of supply chain
The home improvement retailer promoted company veteran Margi Vagell to take over for the retiring Don Frieson.
By Alejandra Carranza • Jan. 17, 2024 -
Craig Barritt via Getty Images
‘It’s a tough industry out there’: A look at the furniture supply chain’s challenging year
Operational headaches have contributed to financial failures among some suppliers. That has created problems for retailers — and opportunities.
By Ben Unglesbee • Jan. 17, 2024 -
Courtesy of Walmart
Walmart to expand drone delivery to 1.8M more Texas homes
The retailer is working with Wing and Zipline to reach up to 75% of the Dallas-Fort Worth area's population.
By Max Garland • Jan. 10, 2024 -
Scott Olson/Getty Images via Getty Images
Nike pares back supply as demand remains sluggish
The brand is also looking to cut $2 billion in costs through layoffs as well as operational and procurement changes.
By Ben Unglesbee • Jan. 4, 2024 -
Retrieved from Wolverine Worldwide on December 21, 2023
Wolverine Worldwide appoints chief supply chain officer
In the newly created role, Bishu Jayaram will be responsible for the footwear company’s sourcing, distribution and logistics.
By Laurel Deppen • Dec. 22, 2023 -
Eamonn M. McCormack/Getty Images for SHEIN via Getty Images
‘Mafia-style’: A look at Temu’s latest allegations that Shein has a chokehold on the supply chain
The ultra-fast fashion company accuses its larger rival of being “a glorified label maker” that bullies suppliers into loyalty.
By Ben Unglesbee • Dec. 21, 2023 -
Courtesy of Walmart via Businesswire
Walmart taps India-based bicycle maker as it ramps up sourcing from the country
The retailer is planning a supplier summit in New Delhi early next year as it eyes $10 billion in annual exports by 2027.
By Ben Unglesbee • Dec. 15, 2023 -
Daphne Howland/Supply Chain Dive
Dollar Tree prepares for streamlined delivery rollout
The retailer will begin using rotacarts at its North Carolina distribution center this month.
By Kelly Stroh • Dec. 12, 2023 -
"DXL Men's Apparel store located in Natick, MA." by JCarnellDXLG is licensed under CC BY-SA 4.0
Deep DiveNearshoring apparel: Inside DXL’s pivot to Central America
The clothing maker is one of many eyeing the region, but economic and policy barriers could stand in the way of greater investment.
By Ben Unglesbee • Dec. 12, 2023 -
Courtesy of Five Below
Five Below looks to tech, analytics to optimize inventory
As the discount retailer aims to speed up its supply chain and hold back costs, it has also opened a sourcing office in India.
By Ben Unglesbee • Dec. 11, 2023
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