Retail: Page 23
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Walmart to spend $350B on local sourcing, work to pinpoint barriers to reshoring
The retailer touted benefits such as increased support for small and diverse suppliers in the U.S., plus reduced carbon emissions, as it sources closer to the end consumer.
By Shefali Kapadia • March 4, 2021 -
Inventory mismatch squeezes Nordstrom's holiday quarter
To correct the issue, the retailer is canceling orders and returning goods to vendors, the CFO said.
By Daphne Howland • March 3, 2021 -
Target expands sortation center model to optimize store fulfillment
The retailer will also expand its distribution-center footprint in 2021, while using predictive inventory planning on more of its assortment.
By Matt Leonard • March 2, 2021 -
Lowe's fulfills 60% of online orders from stores, moving 6-times faster
The retailer is transitioning to a market-based model, with distribution centers and dozens of cross docks that allow more flexible fulfillment.
By Shefali Kapadia • March 2, 2021 -
Wayfair cites ocean shipping disruption, port congestion for in-stock issues
The retailer expects it could take a "few months" to get back to the in-stock levels it usually tries to maintain, one executive said.
By Matt Leonard • March 1, 2021 -
Crocs: Redundancy in ocean freight contracts takes priority over cost
The footwear brand's logistics director said a turbulent market with high consumer demand proves container shipping is a commodity, not a service.
By Matt Leonard • Feb. 26, 2021 -
Kohl's investor group proposes sourcing, inventory changes to win back margins
The group said the retailer is overpaying for purchases in a sourcing agreement it has with a third-party agent, which accounts for 20% of its total purchases.
By A.B. Brown • Feb. 25, 2021 -
No rate relief in sight for ocean shippers as Lunar New Year passes
If consumer spending doesn't fall off during 2021, the ocean shipping industry could be in for a busy and record-breaking year, one analyst predicted.
By Matt Leonard • Feb. 23, 2021 -
Walgreens expands same-day delivery with Instacart
Experts say store-based fulfillment partnerships are a good fit for retailers that see modest online demand and don't wish to invest in structural changes to support e-commerce.
By Jeff Wells • Feb. 23, 2021 -
Walmart says its automated supply chain is 'ready to scale'
There's a limit to how much the retailer can pick, fulfill and ship from stores, the CEO said. Walmart is banking on automation to change that.
By Matt Leonard • Feb. 19, 2021 -
Anheuser-Busch to invest $1B to expand capacity, sustainability initiatives
The company said $50 million would go toward expanding its seltzer brewing capabilities and $100 million for new lines to produce cans.
By Christopher Doering • Feb. 5, 2021 -
Home Depot opens automated Dallas fulfillment center with hydrogen-powered forklifts
The facility is part of the retailer's $1.2 billion supply chain investment and includes six miles of mechanized lines.
By Shefali Kapadia • Feb. 4, 2021 -
Amazon says fulfillment, logistics expansion will help it return to 1-day delivery
Additional square footage allows Amazon to handle more shipments internally and have greater control from point A to point B.
By Matt Leonard • Feb. 3, 2021 -
UPS prepares for long-term capacity squeeze, moves toward 'personalized pricing'
The peak season capacity shortfall experienced in 2020 is expected to continue in the new year, CEO Carol Tomé said Tuesday.
By Matt Leonard • Feb. 2, 2021 -
Opinion
A moral monopoly: The difference between supplier-performance management and bullying
Businesses must reevaluate the highly unequal distribution of risk and reward.
By Kim van der Weerd • Jan. 28, 2021 -
Eager to innovate in pickup, retailers look to lockers and kiosks
As retailers look to storage units to enhance omichannel and delivery service, they must grapple with limitations that could impede adoption.
By Sam Silverstein • Jan. 26, 2021 -
Deep Dive
The pandemic put supply chains front and center for retailers — perhaps for the first time
Retail supply chains came under intense strain and went through wild convolutions last year. To weather the next storm, the industry must be agile and take risk seriously.
By Ben Unglesbee • Jan. 25, 2021 -
Gig economy emerges as key part of the parcel ecosystem
During the pandemic, Instacart, Postmates, Roadie, Shipt and others have moved into new roles, in many cases integrating into retailers' parcel portfolios as an alternative to traditional carriers.
By Emma Cosgrove • Jan. 25, 2021 -
Meijer seeks out local Midwestern suppliers for summit event
The "Lift Local Supplier Event" will invite businesses to pitch their products virtually on April 1 and follows a successful Supplier Diversity Summit in November.
By Rosie Bradbury • Jan. 21, 2021 -
4 elements of the next phase of last-mile delivery
The technologies to move retail delivery forward already exist. The next step is fully weaving last-mile services into the retail landscape.
By Emma Cosgrove • Jan. 20, 2021 -
How supply chains adjusted demand forecasts during the pandemic
Demand planners started to bring in data from Google Trends and Amazon marketplaces to better understand unpredictable consumer buying habits.
By Matt Leonard • Jan. 19, 2021 -
How Dick's and Wayfair connect consumers with real-time inventory data
The pandemic upped the stakes for data accuracy, as well as the velocity and volume at which it needed to flow.
By Emma Cosgrove • Jan. 19, 2021 -
Walmart e-commerce chief Marc Lore to retire
As Lore leaves the company, Walmart has established itself as a much stronger omnichannel retailer than before he joined.
By Ben Unglesbee • Jan. 15, 2021 -
UPS, Verizon, Skyward partner on 5G drone delivery in Florida
Many details on the partnership have yet to be disclosed, but the companies say 5G will be important to scaling delivery fleets.
By Matt Leonard • Jan. 13, 2021 -
Walmart to test refrigerated boxes that store grocery deliveries outside homes
The secure, internet-connected units can hold items at various temperatures and use ultraviolet light to kill viruses, mold and mildew.
By Sam Silverstein • Jan. 13, 2021