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Retail: Page 242

Hyundai Merchant Marine Considering Hanjin Route

South Korea's Hyundai Merchant Marine said this week it may submit a preliminary bid for Hanjin Shipping assets used in Asia-to-U.S. routes - a sale that could be key to Hanjin's prospects for paying off creditors. Hanjin, which filed for court receivership on August 31 after its creditors cut off financial support for the firm, put up manpower and logistics systems, five container ships and 10 overseas businesses for sale last week.

AmeriQuest Survey Results Show Confusion Surrounding Procurement

Many purchasing professionals do not have clarity about the purchasing practices of their companies, according to a recent Google survey conducted by AmeriQuest Business Services. Fifteen percent of respondents said they didn't know which department manages procurement, the survey says, despite being directly involved in the process.

Pitney Bowes Survey Finds Majority of Global Consumers Shop Cross Border

More than two-thirds of consumers who have ever made a domestic online purchase have also made an online purchase from another country in the past year, according to an annual online shopping survey by Pitney Bowes, an e-commerce technology company. Singapore (89 percent), Australia (86 percent) and Hong Kong (85 percent) have the highest number of cross-border shoppers, while countries like Japan (34 percent) and the U.S. (45 percent) are still growing in cross-border confidence.

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New Grocery Route Optimization Fulfills in 24 Hours, Lancaster Organics Reports

Lancaster Farm Fresh Organics (LFFO) has streamlined its previously manual fleet operations to help get product in and out of the warehouse and into the customer's hand in 24 hours or less, said Ben Kreider, the retailer's transportation director. LFFO uses the Descartes Route Planner.

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Macy's Announces RFID Tagging for 100 Percent of Items

Macy's plans to have all items in every store tagged by the end of 2017, according to Bill Connell, senior VP of logistics and operations. To achieve this goal, the retailer is asking all of its product vendors to supply merchandise already fitted with passive ultrahigh-frequency (UHF) RFID tags based on the Electronic Product Code Gen 2 standard.

Nordstrom, Costco, UPS Join Last-Mile Delivery Study in Seattle

In the heart of Amazon country, Nordstrom, Costco and UPS have joined with a team from the University of Washington in Seattle to study solutions to last-mile delivery issues in urban areas. UW's Urban Freight Lab will explore high-impact, low-cost solutions in urban areas where delivery vehicles, bicycles, cars and pedestrians all have to coexist, according to the university.

Domino's Pizza: Instant Action Is Key to Omnichannel Success

As ordering and fulfillment models go, there isn't much more basic a concept than pizza delivery. Pick up the phone, place your order, and a driver brings the pie to your door. Simple, right? Wrong.

Cybersecurity Insurance Becoming a Must-Have, Survey Says

A September survey by the Risk and Insurance Management Society found that 80 percent of the companies bought a stand-alone cybersecurity policy in 2016, suggesting policies covering exclusively cyber exposures may now be the norm for many large companies.

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RFID Spices Up Sales for Maille Mustard

Maille, a purveyor of specialty mustards, is planning to launch RFID-based technology at its stores in Paris and New York, the company says, enabling customers to digitally record their favorite products.

Advice for Shippers Facing Rising Freight Rates in 2017

A message to shippers who have been paying rock-bottom rates for truck transport over the last couple of years: next year, that ride is likely to come to an end.

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Footwear Manufacturer Increases Fill Rates 10-15% with Supplier Collaboration

Challenge: This top-tier athletic footwear manufacturer relied on manually-intensive methods for managing purchase orders and found it difficult to track inbound shipments for complete end-to-end visibility. The company needed quicker access to supplier information and purchase order information with several hundred vendors and factories more efficiently.

GENCO Helps Publishing Company Create a New Supply Chain for a Changing Industry

Challenge: A large publishing company in a rapidly changing industry was forced to make serious changes in order to survive. As requirements for physical inventories decreased and digital assets increased, the existing warehouse and labor costs threatened the long-term profitability of the company.

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