Retail: Page 47
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Walmart adds nearly 4K robots to stores
Robots now clean floors, count inventory, check price labels and scan and sort items from trucks in hundreds of Walmart stores.
By Caroline Jansen • April 10, 2019 -
A majority of retailers struggle with inventory forecasting
A survey by Wakefield Research and Bossa Nova Robotics found 87% of respondents believe inaccurate inventory contributes more to revenue loss than theft.
By Matt Leonard • April 9, 2019 -
RFID tags deliver 97% stock accuracy for River Island
Previously, River Island counted stock once a year, which took a day. Then the company launched a pilot program using tags, and now inventory counts occur weekly.
By Gary Wollenhaupt • April 8, 2019 -
Businesses on US-Mexico border suffer as wait times jump 500%
Mexico is the United States' third largest trading partner, so any slowdown in cross-border traffic is bound to have an impact on businesses near and far.
By Edwin Lopez , Shefali Kapadia • April 5, 2019 -
Macy's hires 1st chief supply chain officer
The functions within the new CSCO's purview, including transportation, procurement, sustainability and the "entire product journey," are being joined together under one executive for the first time.
By Emma Cosgrove • April 2, 2019 -
True Value invests $150M in supply chain upgrades
The hardware wholesaler reached a 99% in-stock rate in the Midwest with a new hub-and-spoke model that will soon expand to other regions.
By Matt Leonard • April 1, 2019 -
H&M pledges 100% sustainable cotton by 2020
The commitment to recycled or sustainably-produced cotton is part of a larger plan to convert to recycled or sustainable materials exclusively by 2030.
By Emma Cosgrove • April 1, 2019 -
Target includes supplier emissions in new climate goals
This marks the first time Target has taken its entire supply chain, which represents 96% of Target's total emissions, into account when calculating total greenhouse gas emissions.
By Emma Cosgrove • March 28, 2019 -
Ahold Delhaize turns to AI-powered distribution
The new end-to-end supply chain system aims to boost efficiency and provide fresher products for customers.
By Jeff Wells • March 28, 2019 -
Nike reaps benefits of short lead times, RFID
The brand's need for speed took off with LeBron James' move to a new team, necessitating shorter lead times for jerseys.
By Emma Cosgrove • March 25, 2019 -
H&M to phase out cashmere amid sustainability push
The fast-fashion retailer is dropping the luxe fabric until its supply chain meets the company's environmental and animal welfare standards.
By Kaarin Moore • March 20, 2019 -
"Michaels Arts And Crafts store - Saugus, Massachusetts" by Anthony92931 is licensed under CC BY-SA 3.0
Michaels brings e-commerce fulfillment in-house
The switch means the retailer no longer has to worry about the cost associated with a third-party fulfillment provider, but Michaels continues to face cost headwinds from tariffs and transportation.
By Matt Leonard • March 20, 2019 -
Counterfeit goods total $509B, 3.3% of global trade and growing
The e-commerce boom has created a greater circulation of small parcels — a "growing conduit for counterfeit goods," according to the OECD.
By Shefali Kapadia • March 19, 2019 -
Ulta plans 'fast fulfillment centers' to handle online orders
The new centers will be able to handle up to 30,000 orders per day during peak times and help the company reach its two-day delivery goal.
By Matt Leonard • March 18, 2019 -
Dollar General to build out distribution capacity for fresh foods
The fresh program is already boosting day-to-day traffic, said CEO Todd Vasos, but after experimenting in 300 stores, the company is eager to claim back the margin eaten up by distributor fees.
By Emma Cosgrove • March 15, 2019 -
Primark debuts denim jeans made from organic cotton
While the upside of sourcing organic cotton by a fast fashion brand is clear, the effort doesn't erase the many ethical issues associated.
By Emma Cosgrove • March 14, 2019 -
Supply chain issues hinder growth at Adidas
The company expects 3-4% growth in the first half of the year, followed by a rebound in supply, leading to higher growth in the second half.
By Emma Cosgrove • March 14, 2019 -
Trader Joe's to curb plastic packaging in stores
The retailer aims to build on its recent sustainability initiatives by selling more loose produce items, replacing floral and greeting cards packaging with renewable alternatives and more.
By Lauren Manning • March 12, 2019 -
Walmart planning new returns process at front of stores
The retailer's U.S. CEO said customers will be able to get refunds from employees stationed just inside store entrances.
By Dan O'Shea • March 8, 2019 -
Dollar Tree builds business plans for 25% tariffs
In planning for the worst-case scenario, the discount retailer opens the possibility of increased margins in the latter half of 2019 if tariffs do not rise.
By Shefali Kapadia • March 8, 2019 -
Walmart tightens on-time, in-full rate for suppliers to 87%
The retailer toughened its OTIF policy from the previous requirement of 85% as it seeks greater control over inventory.
By Matt Leonard • March 8, 2019 -
Kohl's cuts inventory for 12th quarter in a row
The retailer keeps inventory on a downward slope through its "speed initiative," which seeks to reduce lead times and quickly fulfill orders.
By Emma Cosgrove • March 6, 2019 -
Target touts store-centric model after record peak season
In the fourth quarter, CEO Brian Cornell saw the progress he had previously promised as scale and supply chain investments started to pay off.
By Emma Cosgrove • March 6, 2019 -
Retailers take aim at packaging waste
The amount of packaging waste generated in the U.S. has increased by 185% between 1960 and 2016. Retailers are looking for a more sustainable way forward.
By Matt Leonard • March 5, 2019 -
Office Depot teams up with Alibaba
The U.S. retailer and the Chinese e-commerce firm are partnering to give small and medium-sized businesses access to Alibaba's global network of more than 150,000 suppliers.
By Dan O'Shea • March 5, 2019