Retail: Page 15
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Joann eyes $60M in product cost savings as suppliers offer concessions
The craft retailer thinks it can cut $200 million in business costs, the bulk of which comes from its supply chain as inflation eases.
By Ben Unglesbee • Sept. 7, 2023 -
"Outside of Crate and Barrel, Natick Mall" by Massachusetts Office Of Travel & Tourism is licensed under CC BY-ND 2.0
Crate and Barrel to ramp up supply chain investment
The retailer's “Bring it Home” plan seeks to improve inventory optimization, demand forecasting and delivery speeds.
By Max Garland • Sept. 6, 2023 -
Ulta Beauty nearly triples ship-from-store locations
The fulfillment method offers faster and more cost-effective deliveries to customers, CEO Dave Kimbell said.
By Max Garland • Sept. 5, 2023 -
Best Buy suppliers are picking up the tab on promotions
With electronics demand sluggish, vendors are funding price discounts more often to generate sales through the retailer.
By Ben Unglesbee • Aug. 31, 2023 -
Burlington drives down freight costs in Q2
The retailer renegotiated freight contracts and leveraged lower fuel rates to cut transportation costs.
By Alejandra Carranza • Aug. 31, 2023 -
Kohl’s cuts inventory by 14% as it prioritizes discipline
The retailer’s aggressive, ahead-of-schedule inventory reductions represented significant progress toward those goals.
By Ben Unglesbee • Aug. 29, 2023 -
Macy’s renegotiates carrier contracts for lower delivery costs
The department store retailer uses UPS and the U.S. Postal Service but did not specify which deals were adjusted.
By Max Garland • Aug. 29, 2023 -
Dollar Tree eyes distribution efficiency with temperature controls
The technology is expected to reduce cross-stocking expenses and increase flexibility, the retailer’s CEO said.
By Kelly Stroh • Aug. 29, 2023 -
Giant Food to close 3 e-commerce facilities
The grocery chain will shutter centers in Maryland, Virginia and Delaware as it shifts to a localized fulfillment model.
By Sam Silverstein • Aug. 29, 2023 -
Guess aims to shrink inventories by 10% this year
The apparel brand is cutting stock levels as its supply chain speeds up, and as new planning and allocating systems come online.
By Ben Unglesbee • Aug. 28, 2023 -
Walmart, Alphabet’s Wing team up for drone delivery in Texas
Two stores in the Dallas-Fort Worth area will offer the service for customers within a 6-mile radius by the end of the year.
By Max Garland • Aug. 24, 2023 -
Under Armour inventory up 38% as stock struggles roll on
The footwear and apparel brand is searching for a new chief supply chain officer as it tries to reposition its brand and keep inventories from piling up.
By Ben Unglesbee • Aug. 22, 2023 -
Macy’s inventory churn holds steady in Q2
The retailer has focused on merchandise management as it works to maintain margins amid reduced consumer spending.
By Ben Unglesbee • Aug. 22, 2023 -
Target’s operating profit leaps 273% after long battle against inventory
The spike follows last year’s painful stock clearing that “laid the groundwork for the recovery and profitability,” its CEO said.
By Ben Unglesbee • Aug. 21, 2023 -
TJX sees extra supply in the market for another 12 months
Along with others’ excess stock, the off-price retailer has found inventory opportunities amid the fall of Bed Bath & Beyond.
By Ben Unglesbee • Aug. 17, 2023 -
Delivery providers Pickup Now, Point Pickup merge to create ‘one-stop shop’
The combined company can grow by attracting mass merchandisers that sell a mix of different-sized items, an executive said.
By Max Garland • Aug. 9, 2023 -
Wayfair’s suppliers are ‘reverting to normal’: CEO
Stock levels for many home goods vendors have reached healthy levels after peaking last year, while new product introductions are at their highest in three years.
By Ben Unglesbee • Aug. 9, 2023 -
Stitch Fix closing Pennsylvania fulfillment center as it readies new warehouse strategy
The apparel retailer's founder said closing two U.S. facilities will better optimize its inventory.
By Max Garland • Aug. 7, 2023 -
Overstock attracts new suppliers with Bed Bath & Beyond rebrand
The retailer has increased its SKU count by 600,000 since it bought the chain’s intellectual property out of bankruptcy.
By Ben Unglesbee • Aug. 3, 2023 -
Macy’s chief supply chain officer exits
Dennis Mullahy, who joined the department store from crafting retailer Michaels, stepped down in July after four years in the role.
By Nate Delesline III • Aug. 3, 2023 -
Retrieved from Levi Strauss on July 31, 2023
Levi Strauss strengthens East Coast e-commerce fulfillment with Kentucky facility
The 575,700-square-foot facility aims to lower lead times and optimize inventory positioning.
By Alejandra Carranza • Aug. 1, 2023 -
How Amazon reached its ‘fastest Prime speeds ever’ in Q2
A regional fulfillment model, machine learning and the use of same-day delivery facilities helped the company achieve that milestone, an executive said.
By Max Garland • July 31, 2023 -
How Brooks Running is deepening its supply chain visibility
The sports equipment retailer implemented traceability platform TrusTrace as the company works toward its responsible sourcing goals.
By Kelly Stroh • July 28, 2023 -
2023 UPS-Teamsters negotiations
UPS-Teamsters deal: 9 reactions from Biden, industry groups
Federal officials, industry experts and retail groups all expressed relief over the tentative agreement reached Tuesday.
By Max Garland • July 27, 2023 -
Why supply chain execs should watch the US housing market
Supply Chain Dive panelists offered varying takes on whether the U.S. economy is headed for a bumpy landing or not.
By David Taube • July 26, 2023