Retail: Page 19
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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 -
Explore the Trendline➔
Sean Gallup via Getty ImagesTrendlineInventory Management
Read how retailers and brand manufactures are rethinking inventory management as an effective strategy against tariffs.
By Supply Chain Dive staff -
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 -
Lowe’s expands same-day delivery nationwide with OneRail
The expansion aligns with the company's "Total Home Strategy" to drive long-term financial growth, Chairman and CEO Marvin Ellison said.
By Max Garland • July 26, 2023 -
Temu accuses Shein of monopolizing suppliers
The ultra-fast fashion company alleged that its rival has forced exclusive agreements and “loyalty oaths" on manufacturers in the sector.
By Ben Unglesbee • July 21, 2023 -
Walmart celebrates 10th anniversary of local supplier pitch competition
The retailer’s largest sourcing event is part of a broader strategy to source products that are made, grown or assembled in the U.S.
By Kaarin Moore • July 18, 2023 -
Hallmark centralizes distribution network with second Liberty facility
The 850,000-square-foot hub is located less than a mile from its existing warehouse and will reduce transportation needs.
By Alejandra Carranza • July 12, 2023 -
Retrieved from Flickr on July 05, 2023
Ace Hardware announces Kansas City, Missouri, distribution center
The planned facility is expected to enhance the company’s inventory capacity while meeting higher demand.
By Alejandra Carranza • July 6, 2023 -
What smart inventory management means in 2023 — so far
After working to shed overstocks last year, retailers are trying to keep their inventories lean and relying on the chase to meet demand as it comes.
By Ben Unglesbee • July 5, 2023 -
The Home Depot launches $500M cost-savings plan
Savings will focus on fixed operating expenses like supply chain holding capacity amid a decline in sales.
By Max Garland • June 27, 2023 -
Target bolsters last-mile delivery reach with first extension facility
The Smyrna, Georgia, facility expands the retailer’s next-day delivery in the Atlanta market to an additional 500,000 customers.
By Max Garland • June 26, 2023 -
Walmart’s enhanced seafood policy sets new standards for tuna suppliers
More retailers are tightening regulations aimed at ensuring sustainability in the seafood they stock.
By Peyton Bigora • June 22, 2023 -
Duluth Trading to lean on new fulfillment center during peak season
The workwear retailer expects more than half of its direct orders will be handled by the Georgia facility in Q4.
By Max Garland • June 13, 2023 -
Deep Dive
Deliveries keep getting faster. Will it last?
Shippers adjusted to pandemic-related disruptions to reach customers faster. But shifting shopper preferences and cost-cutting efforts may slow things down.
By Max Garland • June 12, 2023 -
Big Lots pursues creative sourcing to lessen product shortages
The retailer expects to fully overcome the shuttering of its largest supplier by the end of Q2.
By Kelly Stroh • June 1, 2023 -
Higher shipping costs keep biting into Williams-Sonoma’s earnings
The retailer has shipped from out-of-market distribution centers and made multiple deliveries for multi-unit products in order to reach customers quicker.
By Max Garland • May 31, 2023