Retail: Page 27
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Macy's plan to speed up its supply chain starts with inventory management
By having a supply chain that looks at in-store and warehouse inventory as a whole, the retailer says it can strengthen its margins, and get items to customers quicker and in the ways they prefer.
By Jen A. Miller • July 13, 2021 -
Walmart's Flipkart cuts single-use plastic packaging from supply chain, shifts sustainability focus to sellers
The e-commerce platform is juggling the rapid growth in online retail with corporate goals and consumer preferences for sustainable packaging.
By Max Garland • July 13, 2021 -
"Wanzl IWL" by Zulu84 is licensed under CC BY-SA 4.0
'Real pressure on supply chains': How major players are balancing costs, speed and a new retail world
Executives from PVH, Under Armour, Dollar General, Tractor Supply and American Eagle spoke about current challenges and what it means for supply chains to be agile at NRF's Retail Converge.
By Ben Unglesbee • July 7, 2021 -
SKU rationalization helps Bed Bath & Beyond achieve 95% in-stock level
The company expects to improve its inventory management even further as it overhauls its technology stack with a new ERP and forecasting system.
By Matt Leonard • July 6, 2021 -
Walgreens plans 9 more micro-fulfillment centers for prescription delivery
The facilities will use automation to save pharmacists time and help Walgreens speed its prescription fulfillment process, according to executives.
By Edwin Lopez • July 6, 2021 -
Best Buy plans to spend $1.2B on diverse suppliers across its business
The retailer joins Target and others in an effort to diversify supplier bases. The initiatives' success depends on their centrality within an organization.
By Ben Unglesbee • June 28, 2021 -
Opinion
Biden administration needs to broaden supply chain focus to all 'essential' products
The pandemic experience has clarified that personal care and cleaning products are just as important as a stocked pantry to everyday life, writes Tom Madrecki of the Consumer Brands Association.
By Tom Madrecki • June 25, 2021 -
Levi's COO wants to transform the brand's supply chain
The company's focus on product quality, sustainability and loyalty will require transparency and close collaboration with suppliers.
By Kaarin Moore • June 23, 2021 -
US needs 330M square feet of warehouse space to keep up with e-commerce: CBRE
Retailers looking to build or rent new real estate face potential sticker shock.
By Matt Leonard • June 23, 2021 -
Ahold Delhaize will insource 85% of distribution by 2022 in supply chain overhaul
The chain says it's on track to control its entire U.S. grocery supply chain by its 2023 deadline.
By Jeff Wells • June 23, 2021 -
Brands turn to air cargo as inventory delays continue
The companies behind brands such as Levi Strauss and Tommy Hilfiger said they are expediting more shipments to keep up with sales.
By Edwin Lopez • June 8, 2021 -
Dollar Tree: 'Upside down' ocean market sends import rates skyward
The company utilized spot markets more than it expected last quarter, which tripled its transportation cost assumption.
By S.L. Fuller • June 4, 2021 -
Albertsons jumps on early payment trend to boost supplier diversity
Early payments give suppliers access to capital and the ability to scale, the company said.
By Edwin Lopez • June 3, 2021 -
American Eagle cuts SKUs, speeds delivery with supply chain transformation
The introduction of regional hubs helped the retailer cut the number of shipments per order and reduce delivery speed by 1.5 days, the COO said.
By Matt Leonard • June 1, 2021 -
Supply chains stick with lean methods despite inventory woes
Growing demand and flat inventory growth led the inventory-to-sales ratio to drop to 1.23 in March, the lowest ever recorded.
By Matt Leonard • June 1, 2021 -
Flytrex expands drone deliveries for Walmart, local retailers in North Carolina
An FAA permit allows the drones to carry deliveries up to a mile away from retailers.
By Matt Leonard • May 26, 2021 -
Foot Locker: Stage is set for inventory improvement as port congestion eases
The company's inventory level was down 30% in its most recent quarter compared to a year ago, when store closures led to a build-up of inventory.
By Matt Leonard • May 25, 2021 -
VF Corp, following efforts to decrease inventory, ends the year with levels down 18%
Vans is in comeback mode, but Europe's pandemic troubles and questions around inventory remain bumps in the road.
By Daphne Howland • May 24, 2021 -
Casper sidesteps product shortage with third-party manufacturers
The company's CEO expects its manufacturing base to be a "critical benefit" as sourcing improves long-term.
By A.B. Brown • May 20, 2021 -
Target taps into tech acquisitions as it expands supply chain network
The retailer will rely on software from Grand Junction and Deliv to pick carriers and create routes from its distribution and sortation centers.
By Matt Leonard • May 20, 2021 -
Industry group warns pallet prices up 400% amid shortage
Demand for pallets stems from retailers and grocers restocking, while pallet manufacturers face supply constraints and rising material costs.
By Shefali Kapadia • May 20, 2021 -
Walmart boosts inventory, extends lead times to account for supply chain delays and stockouts
The retailer increased inventory 16% and is adjusting its fulfillment network as e-commerce sales grow.
By Matt Leonard • May 19, 2021 -
Yeti works to improve stockouts with inventory down 9%
The company expects elevated freight costs throughout the year as it rebuilds inventories.
By Matt Leonard • May 17, 2021 -
Amazon embarks on 75K hiring push to accommodate logistics growth
The retailer is offering competitive pay and sign-on bonuses, as well as COVID-19 vaccine incentives.
By S.L. Fuller • May 14, 2021 -
Retailers double tech investments to make supply chains faster: report
The enhancement of supply chain and omnichannel capabilities continues to drive funding as retailers approach a post-pandemic world, according to CB Insights.
By Maria Monteros • May 13, 2021