Retail: Page 20
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At Home cuts prices as supply chain costs ease
The retailer raised prices last year when expenses grew by $300 million.
By Tatiana Walk-Morris • March 27, 2023 -
Foot Locker builds out inventory visibility as it chases digital-savvy peers
The retailer is raising capital spending by 50% as it aims to sync stock across its stores by 2024.
By Ben Unglesbee • March 24, 2023 -
Skechers CFO expects lower 2023 shipping pricing
The footwear brand is also prioritizing inventory management after seeing $90 million in excess warehousing and distribution costs.
By Suman Bhattacharyya • March 23, 2023 -
Walmart’s Spark Driver platform ramps up delivery coverage
The crowdsourced delivery provider now serves 15,000 pickup points and can reach 84% of U.S. households.
By Max Garland • March 23, 2023 -
Amazon launches 2-hour delivery from select Rite Aid stores
The service is available for Prime members living within the greater Newark, New Jersey and Burbank, California areas.
By Max Garland • March 22, 2023 -
Gap Inc. lightens inventory load after a year of painful discounting
The apparel seller brought its stock levels down 21% as it prepares to bring supply in line with demand.
By Ben Unglesbee • March 21, 2023 -
BJ’s ‘last mile delivery model’ improves in-store order fulfillment process
The service involves employees picking items for an order before handing them off to a same-day delivery provider.
By Max Garland • March 20, 2023 -
Big Lots reports furniture shortages after largest supplier abruptly closes
The shutdown of vendor United Furniture Industries pressured the discount retailer's e-commerce sales.
By Alejandra Carranza • March 15, 2023 -
Supply chain optimization is a top priority for Nordstrom this year
Building on improvements made in 2022 will help the retailer's business amid a slump in sales, a company executive said.
By Max Garland • March 13, 2023 -
Disciplined inventory management helped Macy’s weather tough 2022
The retailer has relied on data and analytics to forecast demand and make decisions around purchasing and pricing.
By Ben Unglesbee • March 7, 2023 -
Target to roll out drive-up returns nationwide
The retailer expects the offering will reduce expenses for mail-in returns and provide more resale opportunities.
By Max Garland • March 6, 2023 -
TJX sees buying opportunities as retail sector falters
The off-pricer’s CEO said product availability has been “phenomenal” as other companies look to offload product they can’t sell.
By Ben Unglesbee • March 2, 2023 -
Walmart’s store-fulfilled delivery sales nearly triple in two years
The retail giant has been expanding its delivery capabilities in recent years amid the e-commerce boom.
By Max Garland • Feb. 27, 2023 -
Wayfair cancels plans for Houston fulfillment center
The move adds further evidence the furniture retailer's logistics footprint growth will be limited in 2023 amid falling sales.
By Max Garland • Feb. 23, 2023 -
As inflation wears on, should retailers push back on supplier costs?
Commodity prices have fallen from their peaks, suggesting there is room to negotiate. But there's some risk in asking vendors to lower rates.
By Ben Unglesbee • Feb. 23, 2023 -
Ikea’s climate footprint shrinks as it rapidly switches to renewables
Finding sustainable materials for the furniture retailer’s products, however, remains a stubborn challenge.
By Ben Unglesbee • Feb. 22, 2023 -
Shopify to expand program offering better delivery date visibility
Shop Promise has drawn comparisons to Amazon's “Buy with Prime” feature.
By Max Garland • Feb. 16, 2023 -
The image by Thmyl yAMSa is licensed under CC BY-SA 4.0
Columbia Sportswear’s Q4 performance hampered by delivery delays
To avoid late deliveries, the retailer is making adjustments in people, processes and systems.
By Kelly Stroh • Feb. 16, 2023 -
Walmart shuts the door on e-commerce-only stores
The retailer is closing locations focused on pickup and delivery service, marking the end of a pilot that began a decade ago.
By Sam Silverstein • Feb. 15, 2023 -
The Children’s Place took a $65M hit from cotton prices in 2022
With container and air freight costs, the children’s clothing retailer logged a $135 million impact from heightened supply chain expenses.
By Ben Unglesbee • Feb. 8, 2023 -
Lululemon looks to increase supplier diversity for indirect spend
The athleisure brand said it will increase the purchasing volume for vendors owned and operated by women and underrepresented groups in its non-merchandise spend.
By Ben Unglesbee • Feb. 3, 2023 -
Levi’s blames $40M in unfilled orders on distribution center constraints
Meanwhile, the denim retailer is also grappling with bloated inventory levels.
By Daphne Howland • Jan. 30, 2023 -
Sam’s Club aims to modernize supply chain with expansion of automated fulfillment
The wholesale club chain is adding more distribution centers as it looks to open 30 new stores across the U.S. over the next few years.
By Sarah Zimmerman • Jan. 27, 2023 -
Risky business: How suppliers defend themselves against retail bankruptcies
Retailers and their vendors go through a delicate dance when a Chapter 11 looms, with financial hazards for both sides.
By Ben Unglesbee • Jan. 26, 2023 -
GameStop lays off employees, plans to close Kentucky distribution center
The retailer’s 630,000-square-foot Shepherdsville location is now listed as available for lease starting July 1.
By Dani James • Jan. 24, 2023