Articles
Retail
Macy’s Parades Digital Lead
Digitally mature retailers better reacted to COVID-19 disruptions, finds a study by tech company Incisiv. Based on performance along the customer journey, the study names the top North American apparel retailers in digital maturity: Overall 1. Macy’s 2. Kohl’s 3. Neiman Marcus 4. Target 5. Nordstrom 6. Ann Taylor 7. Chico’s 8. J.C. Penney Co. […]
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Omnichannel and Supply Chain Work Together for Competitive Advantage
The days of going to a department store to shop for a TV, viewing the options, and making a purchase now seem quaint. The emergence of the internet, smartphones, social media, and other technologies has opened a world of new options for consumers and businesses to review, research, and buy online with ever-increasing delivery choices.
Read MoreWhat’s the Holiday Sales Scenario?
The holiday retail season will play out in one of two ways—a relatively stable year-over-year sales increase of 0% to 1%, or a jump of 2.5% to 3.5%—both of which are lower than prior years, according to Deloitte. Scenario one: Consumers experience growing anxiety about their health and finances. This reinforces the current high savings […]
Read MoreConsumers Set Their Sights on Visibility
With COVID-19 disrupting the traditional retail model and more consumers expecting to find, buy, and receive products wherever and however they desire, the need for retailers to optimize and elevate their supply chain capabilities is imperative for maintaining sales and brand loyalty, finds a survey by enVista. Other key findings in the survey include: 87% […]
Read More5 Must-Take Actions to Prepare for the 2020 Holiday Season
This year has been, and continues to be, unprecedented. Not since the Second World War have global supply chains been so dramatically interrupted. And given the integration of these global supply chains (thanks to the marvels of the integrated circuit) and advances in modern transportation, the disruption caused by COVID-19 is, arguably, unprecedented in modern […]
Read MoreTop Hat and Tales
Stephanie Carter is the co-founder, president, and chief executive officer of Wallaroo Hat Company, a Boulder, Colorado-based manufacturer of stylish sun-protective hats, founded in 1999. Responsibilities: Supply chain logistics, overall operations, design, manufacturing, marketing, and human resources. Education: B.A. in Spanish and French language and literature, cum laude, New York University, 1989; J.D., University of […]
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Vertical Focus Retail-Oct
Weaving Blockchain into Data Sharing Blockchain can solve the errors and inefficiencies that exist in data exchange between suppliers, retailers, and other stakeholders in the retail supply chain, according to results from the Chain Integration Project proof of concept. If retailers want to incorporate blockchain into their supply chain, the study recommends these steps: 1. […]
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3 Ways Retailers Can Fully Prepare for the Holiday Season
Retailers know Americans will still be spending this holiday season, even if it is in a wildly atypical manner. Smart retailers are taking the following steps to ensure they’re not left with a lump of coal this holiday season. 1. Finalize any online fulfillment and inventory management decisions. Retailers of all sizes are aggressively wrapping […]
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