Retail: Page 45
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Walmart says Project Gigaton goals are on track
In its first environmental, social and governance report, the retailer details progress toward its goal of reducing global supply chain emissions by 1 billion metric tons by 2030.
By Matt Leonard • May 8, 2019 -
Nestlé to exit direct store delivery for frozen pizza and ice cream, cutting thousands of jobs
The switch will result in shuttering eight frozen distribution centers and inventory transfer points, cutting out middlemen, and eventually bringing the company savings.
By Jessi Devenyns • May 8, 2019 -
Returns grow with e-commerce, reach 10% of sales
The returned merchandise is challenging retailers to refine their reverse logistics and detect fraudulent returns.
By Matt Leonard • May 7, 2019 -
Buy, try, return, repeat: How fast fulfillment gives beauty retailers a competitive edge
In an industry where trying on is crucial to the experience, retailers must have the right operations in place to manage orders and returns.
By Jen A. Miller • May 7, 2019 -
Walmart reveals first 'intelligent' lab store on Long Island
Equipped with cameras, sensors, interactive displays and major processing power, the souped-up Neighborhood Market aims to take efficiency and customer experience to new heights.
By Jessica Dumont • April 30, 2019 -
Suddenly, free 1-day shipping is the new normal
Amazon upped the ante with its announcement of Prime's two-day delivery becoming even quicker, but analysts say Walmart and Target have little to fear.
By Daphne Howland • April 30, 2019 -
Amazon transitions free Prime shipping from 2-day to 1-day
While this move will put Amazon a full day ahead of the competition, it will also test the company's technology and logistics mettle.
By Emma Cosgrove • April 25, 2019 -
H&M expands product transparency for online apparel
Several sustainability and ethics watchers give the fast-fashion retailer props for its efforts, but also say it should go further.
By Daphne Howland • April 24, 2019 -
Ace Hardware adds 'Deliver from Store' options
The efforts to improve order fulfillment come in addition to already existing features, which aim to optimize the retailer's e-commerce business.
By Caroline Jansen • April 12, 2019 -
Shipt, Petco partner for same-day delivery
Pet owners will be able to get supplies delivered from nearly 1,300 stores as quickly as under an hour.
By Daphne Howland • April 12, 2019 -
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