Retailers have begun scaling back their warehouse and logistics operations amid changing consumer spending patterns. That’s according to a report Monday (June 5) by The...
Earlier, PYMNTS reported that the summer of markdowns is here as Macy’s (along with Dollar General) struggled with declining consumer demand. The retailer has now...
Amazon is reportedly using artificial intelligence in its inventory system to speed deliveries. Stefano Perego, Amazon’s vice president of customer fulfillment and global ops services...
At this point, the lack of product selection amid an inflationary environment has a chicken-and-egg feel to it. As reported earlier this month by The...
Streamlining B2B processes and solving historical problems has never been more important, or more possible. This, as current macroclimate headwinds and the state of global...
Largely crediting its “Welcome Everybody” initiative, U.S. women’s fashion retailer J.Jill on Tuesday (March 14) announced its net sales in the fourth quarter gained 1.7%...
Sellers of children’s clothing are reducing their inventories as parents grow cautious in their spending. Young children’s apparel marketer Carter’s said in a Friday (Feb....
HanesBrands says retailers’ decisions to reduce inventories has led to a slump in sales. The apparel maker reported quarterly earnings Thursday (Feb. 2) showing that...
In challenging macro environments, process improvements that power strategic capital allocation are becoming increasingly important. Richard Cheung, CFO at the world’s first 3D robotics supply...