Retail: Page 35
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Amazon Freight expands to 48 states, furthering control of its logistics network
The majority of carriers and brokers viewed Amazon's entry to freight hauling negatively, fearing it would push down dry van spot rates.
By Jim Stinson • May 7, 2020 -
Gatik responds to online grocery demand, adding autonomous reefers for Walmart, retailers
The company has seen average delivery runs per day increase 30% to 40% as grocery demand has grown due to the coronavirus pandemic, Gatik's CEO said.
By Morgan Forde • May 7, 2020 -
Pandemic tests Wayfair's operational efficiency as orders increase, losses continue
The company is in the process of hiring an additional 1,000 workers to handle pandemic-driven shipment volume growth, COO Thomas Netzer said on a Tuesday call with analysts.
By Emma Cosgrove • May 5, 2020 -
Walmart adds 2-hour delivery service
The retailer will lean on its vast store network and existing delivery partners to execute speedy last-mile deliveries.
By Shefali Kapadia • May 1, 2020 -
UPS and Michaels launch contactless parcel pickup, drop-off service
Omnichannel options have become increasingly popular alternatives for retailers as the COVID-19 outbreak continues to force store closures in many states.
By Morgan Forde • April 30, 2020 -
Suppliers feel retail's pain
As retailers cancel orders and hold payments, their vendors are stretched for cash, making hard decisions and worrying about what comes next.
By Ben Unglesbee • April 29, 2020 -
UPS partners with CVS on residential drone delivery in Florida
UPS' Flight Forward division will run drones between a CVS location and a central delivery point near a local retirement community, where a ground vehicle will take deliveries to customer residences.
By Morgan Forde • April 29, 2020 -
Adidas manages supplier relations to end 2020 with 'reasonable inventory'
Adidas listed "supply chain responsibility" among its priorities in the wake of COVID-19 disruptions but continues to cancel and postpone orders.
By Emma Cosgrove • April 29, 2020 -
Pandemic could cost Tractor Supply an extra $50M in operations spend
Most of the expected expenses, about 80%, are related to labor or benefits, while the remaining 20% is for supplies, safety and cleaning, executives said.
By Matt Leonard • April 28, 2020 -
Primark commits to accepting $455M in finished stock from suppliers
After a month of "extensive one-to-one conversations" with suppliers concerning the coronavirus, the Dublin-based retailer is accepting additional finished and in-transit products.
By S.L. Fuller • April 22, 2020 -
Omnichannel comes to the fore as Texas launches plan to reopen retail
Though many retailers have adopted BOPIS and other omnichannel strategies, those starting from scratch have a steep learning curve ahead as economic reopening plans attempt to limit retail foot traffic.
By Emma Cosgrove • April 21, 2020 -
JB Hunt says shippers' ability to pay is big risk in Q2
Volume may have reached its peak in March, according to DAT, and as trucking demand declines, so do some shipper revenues.
By Emma Cosgrove • April 15, 2020 -
COVID-19 wreaks havoc on inventories
Some retailers have asked vendors to hold shipments or stop production on summer and fall items, and put holiday planning on hold.
By Daphne Howland • April 14, 2020 -
Levi's ramps up ship-from-store to move inventory trapped in dark stores
The transition will help move inventory trapped in closed stores and hedge against any changes in local regulations that could shut down fulfillment centers not shipping essential goods.
By Emma Cosgrove • April 8, 2020 -
As coronavirus spread through Asia, Atlantic Natural Foods prepared for US impact
With a facility in Thailand, the company had foresight about how the pandemic could sweep across the world and affect the food industry.
By Lillianna Byington • April 7, 2020 -
PVH may 'pack and hold' inventory until next spring
The company, which owns Calvin Klein and Tommy Hilfiger, hopes to regain the ability to sell at full price next year rather than dump goods to into the off-price market.
By Daphne Howland • April 3, 2020 -
H&M pledges to accept orders in production from suppliers
The move demonstrates a rare level of concern for the health of garment manufacturers, amid the coronavirus pandemic.
By Emma Cosgrove • March 31, 2020 -
Lululemon leverages RFID, supplier relationships to manage inventory amid coronavirus demand drop
On top of advantageous technology investments, Lululemon has several inherent qualities that give it a somewhat easier path through the COVID-19 crisis most non-essential retailers are facing, executives described.
By Emma Cosgrove • March 30, 2020 -
Ocean carriers blank sailings on Transpacific, European routes as importer demand drops
Maersk announced three new blank sailings this week that would have served trade on European, Mediterranean and Transpacific routes.
By Matt Leonard • March 27, 2020 -
Deep Dive
What procurement managers should expect from a 'bullwhip on crack'
Slight variations in demand at the retail level grow larger until they reach the manufacturer. This bullwhip effect is playing out in real-time in the COVID-19 pandemic.
By Matt Leonard • March 26, 2020 -
Nike optimizing supply and demand daily to weather coronavirus storm
Previous investments in digital tools will allow the company to snap back whenever consumer demand returns while keeping and paying employees, executives said Tuesday.
By Emma Cosgrove • March 25, 2020 -
Amazon suspends deliveries of nonessential goods in France, India, Italy
Third-party sellers on Amazon's marketplace that do not use Amazon fulfillment and logistics services to process and deliver orders can still ship to customers, but delays may result.
By Morgan Forde • March 24, 2020 -
The apparel industry had an inventory problem before coronavirus. What now?
With such an unprecedented set of restrictions and uncertainties, universal recommendations are hard to come by for "nonessential" retailers and wholesalers, but some trends are starting to surface.
By Emma Cosgrove • March 24, 2020 -
Food manufacturing will stay healthy during coronavirus, trade groups say
Leaders of the Consumer Brands Association and the American Bakers Association say their members are rising to the challenge and see no shortages of the basics.
By Megan Poinski • March 24, 2020 -
McKinsey estimates stock-outs for automotive, retail supply chains by end of March, April
Just-in-time and traditionally low-inventory supply chains could be in danger in the coming weeks as supply out of China continues to be slow and U.S. and EU factories begin to postpone production.
By Morgan Forde • March 19, 2020