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Think Tank
Retail: Page 229
Get Your Supply Chain Ready for the Industrial Internet of Things
The Industrial Internet of Things (IIoT), the sophisticated, connected B2B sibling of IoT, is still in its relative infancy. Yet, companies which don't take baby steps now might soon find themselves scrambling to keep up with faster-maturing peers on the path to the optimized, synchronized, automated manufacturing vision of “Industry 4.0.”
More Women in Manufacturing Leadership Could Improve Business Performance, Research Says
The business case for more women in manufacturing leadership is strong. Research has shown that there is a verifiable link between women in leadership and improved business performance.
Cross-Border Retail Volumes to Increase to $900Bn by 2020, Research Says
DHL Express has published research highlighting growth opportunity for retailers and manufacturers with an international online product offering. The report, "The 21st Century Spice Trade: A Guide to the Cross-Border E-Commerce Opportunity," looks at the markets and products that offer the highest growth potential, the motivations and preferences of customers making international online purchases and the success factors for online retailers that wish to expand overseas.
Walmart Goes After Amazon With Free 2-Day Shipping
Firing yet another salvo in its ongoing e-commerce war with Amazon, Walmart is eliminating its fee-based ShippingPass program less than a year after it was created to counter to Amazon Prime, instead offering free two-day shipping on 2 million items at a $35 order threshold.
Supermarkets Ration Iceberg Lettuces Due to Supply Crunch
British supermarkets have taken to rationing shoppers to three iceberg lettuces per visit after bad weather hit growing conditions in Spain, leading to a shortage in supplies that is set to continue through to March.
In Advance of Earnings Calls, Apparel Brands Face the 'Trump Question'
What to say? As corporate chieftains prepare for a round of no doubt excruciatingly painful fourth-quarter conference calls with Wall Street, they find themselves on unusually uncertain ground.
Thomas Pink Piloting IoT System With RFID to Manage Inventory, Traffic
U.K.-based luxury clothing and shirt retailer Thomas Pink launched an Internet of Things pilot at its Wall Street store in New York City this month that features ultrahigh-frequency (UHF) RFID technology to track the movement of merchandise in real time throughout the business, and RetailNext camera-based technology.
Procurement Salaries to Rise 10 Percent in 2017, Survey Says
Procurement professionals can expect to see pay rises averaging 10 percent in 2017, according to a salary survey.
Platt Retail Institute Finds RFID-Based Inventory Accuracy, Sales Gains at Macy's
The use of radio frequency identification technology at Macy's stores has boosted the global retailer's rate of on-shelf display compliance and overall inventory accuracy, while also lifting customer satisfaction and enhancing omnichannel fulfillment based on in-store, single-unit accuracy, according to a report released by The Platt Retail Institute (PRI), developed in cooperation with the Northwestern Retail Analytics Council (RAC).
U.S. Department Stores Steady Profitability by Cutting Supply Chain Costs
U.S. department store chains, hit by slowing sales for more than two years, have used layoffs, store closings and cutbacks to maintain one aspect of stability: profit margins.
American Apparel's Rapid Growth Strategy May Have Contributed to Its Collapse
American Apparel opened its first stores in 2003, with locations in Echo Park, New York and Montreal. Within three years, it had mushroomed into a global chain with more than 140 locations in 11 countries. By 2009, that figure had doubled to 281 stores.
Nike and Ford Caught in Crossfire of Trump's Trade Overhaul
Sneaker producers, automakers and retail giants are facing tumult in their international operations as President Donald Trump pushes ahead with a dramatic overhaul of U.S. trade policy.
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