Retail: Page 15
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Retrieved from Google on Nov. 21, 2023.
Saks to lay off 90 at Pennsylvania fulfillment center
The cuts are slated to begin in January as the e-commerce retailer shifts volume to more advanced facilities.
By Max Garland • Nov. 28, 2023 -
How a furniture company’s bankruptcy became a logistics nightmare
After Mitchell Gold Co. ran out of cash, logistics partners storing thousands of products were left without payment — and customers were left waiting for delivery.
By Ben Unglesbee • Nov. 28, 2023 -
Walmart adding parcel stations for faster delivery, greater density
The retailer plans to have more than 40 stations, described as mini post offices, in its stores by the end of 2023.
By Max Garland • Nov. 22, 2023 -
With lean inventory, Target ekes out more profit from lower sales
Trim stock levels and a faster supply chain helped the retailer chase faster-moving goods and keep replenishing them on its shelves.
By Ben Unglesbee • Nov. 20, 2023 -
After months in limbo, some products from bankrupt Mitchell Gold may finally reach customers
Ryder Last Mile won approval to ship the furniture company’s stored merchandise. End customers would again pay for delivery, but Ryder plans to waive storage fees.
By Ben Unglesbee • Nov. 17, 2023 -
Under Armour ‘really excited’ about progress on inventory
Growth in stock levels has shrunk considerably as the sportswear brand sells through pack-and-hold products and funnels excess stock to its outlet stores.
By Ben Unglesbee • Nov. 15, 2023 -
Party City taps supply chain platform TradeBeyond to improve inventory, vendor operations
Less than a year after declaring bankruptcy, the retailer is investing in its supply chain.
By Kelly Stroh • Nov. 14, 2023 -
Retrieved from Anagram website on November 09, 2023
Party City-owned balloon supplier files for bankruptcy
Anagram entered Chapter 11 amid uncertainty around the manufacturer’s supply contract with the retailer, which is its corporate parent and largest customer.
By Ben Unglesbee • Nov. 10, 2023 -
How suppliers factored into Overstock’s rebrand as Bed Bath & Beyond
The struggling online retailer hoped to avoid “confusion” for its vendors by running a single site under the newly acquired brand, according to its former CEO.
By Ben Unglesbee • Nov. 8, 2023 -
Walmart, Amazon see gains in fulfillment pivots as holidays near
The rival retailers are zeroing in on improved speed and efficiencies with changes to their e-commerce fulfillment strategies.
By Catherine Douglas Moran , Kelly Stroh • Nov. 7, 2023 -
Crocs tightens inventory control, including in ‘gray market’ channels
The company stopped price matching with unauthorized sellers on Amazon and took corrective action against a distributor diverting to the U.S. without permission.
By Ben Unglesbee • Nov. 7, 2023 -
Sur La Table partners with Walmart GoLocal for same-day delivery
The specialty cookware company will roll out the delivery service across the U.S. by mid-November — just in time for the holidays.
By Tatiana Walk-Morris • Nov. 3, 2023 -
Rite Aid bankruptcy: Court OKs supply settlement with McKesson
The initial greenlight keeps pharmaceuticals flowing to the retailer’s stores after the drug distributor threatened earlier to stop shipping.
By Ben Unglesbee • Nov. 3, 2023 -
Retrieved from Walmart on October 27, 2023
Walmart opens third ‘next gen’ fulfillment center in Texas
The 1.5 million square-foot facility in Lancaster, Texas, will enable faster delivery as the retailer prepares for the holiday season.
By Alejandra Carranza • Oct. 31, 2023 -
Amazon tweaks tech to create first 100% fiber-focused fulfillment center
Two main technologies are being tested at an Ohio facility to determine how best to transform other facilities to handle only fiber — not plastic — packaging.
By Katie Pyzyk • Oct. 31, 2023 -
Bankrupt Mitchell Gold and Ryder reach deal on undelivered products
Customers would have to pay the logistics provider to release and deliver goods that in many cases were purchased, with shipping fees, months ago.
By Ben Unglesbee • Oct. 27, 2023 -
Hello Bello files for bankruptcy amid supply chain setbacks
The baby care company — founded by celebrities Kristen Bell and Dax Shepard — struggled with rising manufacturing and shipping costs.
By Dani James • Oct. 26, 2023 -
"Z Gallerie Closing Sale Shops At Sunset Place, South Miami, in 2019." by Phillip Pessar is licensed under CC BY 2.0
Another furniture retailer prepares to liquidate
Z Gallerie noted problems with underperforming retail stores, adverse macroeconomic trends, and supply chain and import costs due to COVID-19.
By Daphne Howland • Oct. 25, 2023 -
Retail inventories are under control ahead of holidays: NRF CEO
Matthew Shay said inventory-to-sales ratios' return to pre-pandemic levels and his conversations with retail executives suggest the period of inflated stock levels are over.
By Edwin Lopez • Oct. 24, 2023 -
Bankrupt Rite Aid cleared to pay $138M it owes suppliers
The drug store retailer is trying to keep its relationships with suppliers intact, including with drugmaker McKesson, which had threatened to stop shipping products.
By Ben Unglesbee • Oct. 20, 2023 -
Ross names president of operations
Stephen Brinkley, a veteran of SportChek, Target and Circuit City, was appointed to the newly created position.
By Kaarin Moore • Oct. 20, 2023 -
Hy-Vee to deploy micro-fulfillment centers from Takeoff Technologies
The automation company expects to supply over 20 online grocery facilities to the grocer through a multiyear deal, with the first sites set to open in 2024.
By Sam Silverstein • Oct. 20, 2023 -
Walmart to open 5th ‘next generation’ fulfillment center
The 900,000-square-foot facility in Stockton, California, will help the retailer handle online orders throughout the West Coast with greater speed and efficiency.
By Catherine Douglas Moran • Oct. 19, 2023 -
American Eagle hires new supply chain chief
Sarah Clarke, previously with Calvin Klein brand owner PVH, will oversee everything from sourcing to distribution at the apparel company.
By Ben Unglesbee • Oct. 19, 2023 -
Deep Dive
By the numbers: How retailers stack up on inventory
Going into Q3, many major players cleaned up their inventories after last year’s surge in stock levels, with benefits to margins. Not everyone fared equally, however.
By Ben Unglesbee • Oct. 17, 2023