Retail: Page 27


  • Ikea invests $2.2B to fuel US growth

    The investment, which is the retailer’s largest in the past four decades, will be used to open locations and strengthen its fulfillment network.

    By Caroline Jansen • April 24, 2023
  • A driver for Frayt makes a delivery.
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    Permission granted by Frayt
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    On-demand delivery provider Frayt eyes large-scale shippers with $7M funding round

    The company has already made progress in securing big-name customers like Bridgestone, Sherwin-Williams and Cargill.

    By April 21, 2023
  • Trendline

    Supply Chain Technology Adoption

    Retailers and manufacturers are increasingly employing artificial intelligence, digital twins and traceability systems to improve visibility and operational performance.

    By Supply Chain Dive staff
  • Steam emerges from a facility with multiple smoke stacks.
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    Guang Niu via Getty Images
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    Lawmakers scrutinize potential loopholes in forced labor law

    Congressional members want more information on enforcement following reports that shippers are skirting the Uyghur Forced Labor Prevention Act.

    By April 20, 2023
  • David's Bridal sign outside of a store.
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    Kaarin Vembar/Supply Chain Dive
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    David’s Bridal owes $27.5M to vendors as it navigates bankruptcy

    The wedding apparel retailer is millions in debt to the joint venture that procures the bulk of its merchandise outside North America.

    By April 20, 2023
  • NFI electric trucks EVs
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    Provided by NFI through GlobeNewswire.

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    NFI acquisition expands warehouse, distribution space

    The deal will expand the company’s footprint in Canada and its reach into the retail sector.

    By April 19, 2023
  • Workers in a line complete work on piles of pants.
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    Allison Joyce via Getty Images
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    Purchasing practices are still harming apparel suppliers in Bangladesh: report

    With little leverage, manufacturers and workers in supply chains are still struggling as large fashion brands push for ultra-favorable terms, according to a new paper.

    By April 19, 2023
  • A Rent the Runway subscriber searches the company's "closet in the cloud" on mobile.
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    Permission granted by Rent the Runway
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    Rent the Runway saves through delivery, return consolidation

    The apparel rental company's use of "live swaps" comes as it works to mitigate the impact of carrier price hikes.

    By April 18, 2023
  • A store display with a red Levi's sign includes jeans in various shades of blue, folded on shelves and hanging on racks.
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    Daphne Howland/Supply Chain Dive
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    Levi’s gets a grip on inventory as denim rebounds

    Promotions helped ease a surplus struggle for the clothing company.

    By Daphne Howland • April 13, 2023
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    Danielle Ternes/Supply Chain Dive
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    Column

    Patent pending: Amazon pitches ‘collective’ drones, Walmart eyes dynamic shipping speed display

    Multiple drones could link together to form configurations ranging from a flying V to a large cube, an application from the online retail giant proposes.

    By April 10, 2023
  • Puffy clouds in a blue sky frame a storefront that says "Bed Bath & Beyond" in large dark letters.
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    Daphne Howland/Supply Chain Dive
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    With suppliers still wary, Bed Bath & Beyond banks on $120M consignment deal

    One analyst calls it “way too late and beyond a desperate move.”

    By April 6, 2023
  • Taking inventory in a stockroom
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    Getty Images
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    How retail’s inventory reset in 2022 panned out

    Throughout the earnings season many retailers reported increases in stock levels for the holiday season and full year. But not all overstocks are equal.

    By April 6, 2023
  • Neon Sign, American Eagle Outfitters Easton Towne Center, Columbus, Ohio
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    Wellmeier, Ed. (2021). [Photograph]. Retrieved from Flickr.
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    Quiet Platforms head departs as American Eagle’s logistics arm struggles

    The retailer said that while "Quiet’s third party business has grown nicely, it has not achieved the plans we envisioned."

    By April 5, 2023
  • Chewy, fulfillment center, truck loading
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    Permission granted by Chewy
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    Chewy to close 2 fulfillment centers as it ramps up automation push

    The closures will allow the pet goods retailer to flow more order volume through its newer, automated facilities, its CEO said.

    By March 31, 2023
  • An image of a Serta Simmons bed in a bedroom with jute rug in the foreground, window and plant in the background.
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    Courtesy of Serta Simmons Bedding
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    How Serta Simmons Bedding is optimizing manufacturing efficiency

    The retailer will implement digital supply chain software to improve forecast accuracy and lower costs.

    By March 30, 2023
  • Glass display with diamond rings and bands inside
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    Courtesy of Blue Nile
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    Blue Nile to lay off 119 workers, close Seattle fulfillment center

    The company will centralize services in New York City, where some employees could also relocate.

    By Dani James • March 30, 2023
  • Picture of an At Home storefront.
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    Permission granted by At Home Group
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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's distribution center in Reno, Nevada.
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    Permission granted by Foot Locker
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    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 March 24, 2023
  • A line of Skechers shoes with famous Diane  von Furstenberg prints.
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    Courtesy of Skechers
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    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
  • Person hands two blue bags to person at the front door of a residence.
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    Courtesy of Walmart
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    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 March 23, 2023
  • A Rite Aid store location.
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    Courtesy of Rite Aid
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    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 March 22, 2023
  • Mannequins in an Old Navy store window.
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    Daphne Howland/Supply Chain Dive
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    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 March 21, 2023
  • Exterior of a BJ's Wholesale Club location in Virginia
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    Catherine Douglas Moran/Supply Chain Dive
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    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 March 20, 2023
  • Big Lots, Manchester, CT. 8/2014 by Mike Mozart of TheToyChannel and JeepersMedia on YouTube
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    "Big Lots" by Mike Mozart is licensed under CC BY 2.0
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    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 March 15, 2023
  • A mall entrance to a Nordstrom Rack store.
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    Daphne Howland/Supply Chain Dive
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    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 March 13, 2023
  • The outside of the Macy's store in Herald Square in NYC during the holidays.
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    Kaarin Moore/Supply Chain Dive
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    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 March 7, 2023