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Retail: Page 247

Challenges Facing Online Jewelers Are Many Faceted

Due to changing lifestyles and disposable incomes, the global jewelry market continues to rise, with much of that growth being driven by the move to e-commerce. The world's jewelry market is projected to surpass $257bn in 2017 and grow at a compound annual growth of five percent over the next few years. Currently, online jewelry sales only account for four to five percent of the market, but the e-commerce sector is expected to reach around 15 percent by 2020.

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Incremental Automotive Supplier Business to Burgeon Through 2021

Fuel efficiency, weight reduction, advanced safety technologies, human machine interface, lighting and consumer comfort features will drive $350bn in incremental automotive supplier business opportunities, by 2021 -- but not without initial challenges.

Hanjin Bankruptcy Proves Need to Have Risk Management Strategy in Place

The recent bankruptcy of Hanjin container line clearly illustrates some of the risks involved in the global supply chain today. As The Guardian reports, "the bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion, with giant container ships marooned and merchants worrying whether hundreds of tons of goods being carried by the South Korean company will reach shelves."

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Logility Acquires Integration Systems Developer AdapChain

Logility Inc., a provider of supply-chain optimization and retail-planning applications, has acquired AdapChain.

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Increased Throughput and Accuracy in High-End Jewelry Distribution Center

Challenge: ScottTech worked with a high-end jewelry manufacturer that was looking to increase throughput and accuracy in their main distribution center. They were seeking automation tools and processes that satisfied stringent quality and efficiency metrics.

Pharmaceutical Industry Exemplifies How Company Reputations Can Suffer

It's deja vu for the pharma industry. Mylan's EpiPen pricing controversy - kicked into high gear with mainstream media coverage of widespread outrage - has revived public and political fury against drug companies.

Out-of-Stocks Harm Retailers, Suppliers and Distributors - Not Just the Customer

The holiday season is a make or break scramble for retailers. Their offices are busy and everyone is in a high stress mode to make the season profitable. They invest in getting people in their stores or on their sites with attractive offers. Unfortunately, this omnichannel approach has given way to increase "out-of-stock" challenges.

RFID Technology Enables the 'Re-Imagined' Store

More than ever, retailers are reimagining their businesses - the functions their stores provide, the value they bring, and how they operate, driven not only by the rise of omnichannel and the need to respond to competitive threats from Amazon and others, but as well by the possibilities that new technologies create. We are at the beginning of a new era, where the store is a multi-faceted venue with the ability to fulfill orders with the efficiency of a warehouse and capture shoppers' buying behaviors and personalize as well as websites do, all while providing the experiential and human touches that only a physical store can.

Online Retail Sales Expected to Near $2Tr in 2016 and Double by 2020

A newly released forecast anticipates that retail e-commerce will account for nearly $2tr in worldwide sales this year - and will more than double by 2020.

New E.U. Privacy Law Will Hit Every Company Holding Europeans' Personal Data

Many Americans appear to believe that the exposure of their personal information on the internet is inevitable. But European regulators are having none of that.

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Trying to Sell Winter Coats Online When It's Summer in Australia?

U.S. retailers gearing up for the holidays could be overlooking a key source of sales: international shoppers. To win in the global e-commerce race, companies can't rely on the same approach they use domestically. Featured products, marketing content, and promotions targeting U.S. consumers may not resonate in all markets. For example, as U.S. retailers promote their discounts on that latest style winter coat, super-fast sled or snow tires, they'll need to remember that it's summer in Australia.

Nearly 20 Percent of Consumers Would Abandon Cyber-Hacked Retailer, Study Finds

Nearly a fifth of shoppers would avoid a retailer that has been a victim of a cybersecurity hack, according to a survey.

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Photo: iStock/Anastasiia Yanishevska

How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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Moving Robots Site-to-Site