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Think Tank
Consumer Packaged Goods: Page 150
GS1 US Issues Mobile Scan Service; Updates GDSN Standard
GS1 US has developed GS1 US Mobile Scan, a new barcoding service to aid in product identification for customers of retailers and brands.
Exec Discusses Target's Supply Chain Technology Transformation
At Target, the path to becoming an omnichannel retailer started with the supply chain.
Free Shipping, Easy Returns, In-store Cell Phone Notifications Among Tech Retailers Should Invest In, Study Says
The 3rd annual Walker Sands Future of Retail Study analyzes the rise and adoption of emerging retail tech, with a heavy focus on gauging consumer reaction to potential tech game-changers (cue drones) and exploring consumer spending habits.
Brick-and-Mortar Accounts for 92 Percent of Retail Sales in First Quarter 2016
Retail profits are plummeting. Stores are closing. The internet is apparently taking down yet another industry. Brick-and-mortar stores seem to be going the way of the yellow pages. Sure enough, the Census Bureau just released data showing that online retail sales surged 15.2 percent between the first quarter of 2015 and the first quarter of 2016.
Shoppers Buying More Online, But Don't Want to Give Up Physical Stores, Study Says
Avid online shoppers, who make two or more purchases online in a typical three-month period, are leading a retail revolution. These consumers are shopping more with their smartphones and demanding a more seamless experience between virtual and physical stores, according to the Fifth Annual UPS Pulse of the Online Shopper study.
Father's Day Spending Expected to Double That of 2015
Spending on dad is expected to climb 6 percent this year - twice the increase of 2015.
Sears May Sell Off Name Brands: Craftsman, DieHard and Kenmore
It's been 11 years since hedge fund magnate Edward Lampert merged Sears with another ailing company, Kmart Holding, which he bought out of bankruptcy in 2003, to form Sears Holdings. Sales have plunged by almost half, the result of defecting customers and the sundering of assets such as the Lands' End clothing brand in 2014.
Online Shoppers Define E-Commerce as 'Basic Essential', Study Finds
Ninety-six percent of Americans are shopping online, they spend an average of five hours per week making online purchases and allocate an average of 36 percent of their shopping budgets to e-commerce.
GS1 US Releases New Guideline to Harmonize E-Commerce Fulfillment
GS1 US has developed a new guideline focused on e-commerce and omnichannel fulfillment processes.
APICS Partners With Software AG to Optimize Supply-Chain Processes
APICS, the professional association for supply-chain management, has entered into a strategic partnership with Software AG.
Walmart Puts Drones Through Warehouse Inventory Management Trials
Soon, the labyrinthine aisles at Walmart's distribution centers - stocked high with canned beans, toys and many other products - could also have a low humming sound.
Tesla's Electric-Vehicle Business Model Could Leave Automotive Industry in the Dust
The stunning consumer response to Tesla's Model 3, the $35,000 sedan that was unveiled on March 31, appears to prove that Elon Musk's bold master plan remains on track. Moreover, it could well mark the day that electric vehicles went from being niche to mainstream products.
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