Retail: Page 5
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Spencer Platt via Getty Images
Best Buy’s suppliers help defray costs in choppy electronics market
The retailer logged $20 million in vendor spending on things like promotions, displays, special staffing and fulfillment services.
By Ben Unglesbee • March 7, 2024 -
Permission granted by Home Depot
The Home Depot leans on distribution centers to deliver pro orders
Not shipping from stores helps reduce the amount of time associates have to spend picking, packing and staging items, Senior EVP Ann-Marie Campbell said.
By Max Garland • March 6, 2024 -
Justin Sullivan via Getty Images
AutoZone makes headway on ‘mega hub’ growth for fast store fulfillment
The auto parts retailer is halfway toward its goal of opening 200 of these stores, which can replenish inventory at nearby locations.
By Max Garland • March 6, 2024 -
Courtesy of Birkenstock
Birkenstock’s expanding production capacity lifts sales as it eyes more growth ahead
The footwear brand plans to double capacity in the next three years, spending tens of millions of dollars along the way.
By Ben Unglesbee • March 5, 2024 -
Kaarin Vembar/Supply Chain Dive
As Macy’s and others close stores, TJX is picking up the supplier base
With big brand brick-and-mortar options dwindling, the off-brand retailer’s 21,000 vendors are increasingly looking to the company.
By Ben Unglesbee • Feb. 29, 2024 -
Nate Delesline III/Supply Chain Dive
Family Dollar to pay $41.7M for issues tied to rat-infested warehouse
The discount retailer pleaded guilty to a one count misdemeanor violation after product contamination at the Arkansas distribution center.
By Kelly Stroh • Feb. 28, 2024 -
Retrieved from Missouri Partnership on February 28, 2024
URBN opens second fulfillment center for its rental brand
Nuuly plans to invest $60 million into its 600,000-square-foot facility in Missouri in the coming years.
By Alejandra Carranza • Feb. 28, 2024 -
Courtesy of Big Lots
Big Lots acquires entire inventory of toy company Hearthsong
The move is part of the company’s larger strategy to reclaim its position in off-price and closeout sourcing.
By Tatiana Walk-Morris • Feb. 27, 2024 -
Courtesy of Walmart
Walmart trims store-to-home delivery costs by 20%
The retail giant's CFO credited the improvements in part to "densifying the last mile" by delivering more packages per route.
By Max Garland • Feb. 26, 2024 -
Kaarin Vembar/Supply Chain Dive
Walmart hits supplier emissions goal 6 years early
The retailer’s vendors have already reported enough projects to fulfill Project Gigaton’s target of cutting 1 billion metric tons of greenhouse gases from its supply chain.
By Ben Unglesbee • Feb. 23, 2024 -
Courtesy of Walmart via Businesswire
Walmart deepens India sourcing after spending $30B in the country
The retailer recently hosted a supplier summit in New Delhi to hear pitches that could lead to sales through the retailer or its third-party marketplace.
By Ben Unglesbee • Feb. 22, 2024 -
Daphne Howland/Supply Chain Dive
Under Armour inventory ticks closer to normal as freight, supply costs fall
The sportswear brand — finally — posted a decline in stock levels while executives said it has worked with vendors to lower product costs.
By Ben Unglesbee • Feb. 20, 2024 -
HJBC via Getty Images
Accenture to acquire procurement consultancy Insight Sourcing
The consulting giant sees an opportunity to help private equity firms tackle management of spend, cost and suppliers across their portfolios.
By Ben Unglesbee • Feb. 15, 2024 -
Daphne Howland/Supply Chain Dive
Dollar Tree COO takes on supply chain oversight
Mike Creedon “will have full end-to-end accountability for delivering a best-in-class store experience for our customers," the discount retailer's CEO said.
By Tatiana Walk-Morris • Feb. 14, 2024 -
(Tim Boyle/Getty) via Getty Images
HanesBrands to lay off nearly 160 employees in North Carolina distribution center
The apparel company plans to repurpose the facility as it streamlines operations.
By Alejandra Carranza • Feb. 14, 2024 -
Sayed Hassan via Getty Images
Retail and apparel groups call for secure travel on the Red Sea
The trade organizations cited rising rates, delays and at least $80 billion in cargo that has been diverted around the region amid attacks.
By Ben Unglesbee • Feb. 14, 2024 -
Courtesy of Zulily
Online retailer Zulily’s inventory is up for sale as it winds down
After throwing in the towel in December, the struggling e-tailer’s remaining products — $85 million worth — are being liquidated along with warehouse equipment.
By Ben Unglesbee • Feb. 12, 2024 -
cofotoisme via Getty Images
Retailers have finally tamed their inventories: report
Sales growth outpaced inventory in the third quarter for the first time since the pandemic began, according to Telsey Advisory Group analysts.
By Ben Unglesbee • Jan. 29, 2024 -
Courtesy of Academy Sports and Outdoors
Academy Sports and Outdoors appoints new chief supply chain officer
Robert Howell will take on the role next month, as the company expands its product assortment and store count.
By Tatiana Walk-Morris • Jan. 25, 2024 -
Allison Joyce/Getty Images via Getty Images
OpinionWhy top apparel brands fall short in supplier partnerships
Improving supply chain working conditions requires clarity of expectations and accountability on both sides.
By Sanchita B. Saxena • Jan. 19, 2024 -
Sayed Hassan via Getty Images
Businesses remain worried about disruption amid geopolitical, sourcing risks: report
Embracing change can mean nearshoring, retooling distribution networks and paying suppliers more for materials, according to AlixPartners.
By Ben Unglesbee • Jan. 18, 2024 -
Peyton Bigora/Supply Chain Dive
Supplier sues UNFI in chargeback spat
Omaha Industries alleges that the grocery distributor withheld over $250,000 from invoice payments to offload its own risk.
By Ben Unglesbee • Jan. 18, 2024 -
Daphne Howland/Supply Chain Dive
Lowe’s names new EVP of supply chain
The home improvement retailer promoted company veteran Margi Vagell to take over for the retiring Don Frieson.
By Alejandra Carranza • Jan. 17, 2024 -
Craig Barritt via Getty Images
‘It’s a tough industry out there’: A look at the furniture supply chain’s challenging year
Operational headaches have contributed to financial failures among some suppliers. That has created problems for retailers — and opportunities.
By Ben Unglesbee • Jan. 17, 2024 -
Courtesy of Walmart
Walmart to expand drone delivery to 1.8M more Texas homes
The retailer is working with Wing and Zipline to reach up to 75% of the Dallas-Fort Worth area's population.
By Max Garland • Jan. 10, 2024
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