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Think Tank
Retail: Page 318
Making the Most of Retail Product Liquidation
RFID: On the Rise Again
E-commerce Boosts Sales, Potential of Wholesaler United Stationers
Its name suggests a narrow focus on office supplies, but United Stationers Inc. is far more than a wholesale distributor of copy paper, notebooks, pens and staplers. The $5bn-plus company also supplies janitorial and breakroom supplies, provides industrial equipment to the welding, oil field and building construction industries, and has a major - and increasing - focus on helping thousands of resellers sell online to their business end-customers.
Sales of Small Applicances to Surpass Those of Larger Items by 2019, Study Says
Small appliances volume sales will surpass major appliances and grow by 22 percent globally by 2019, according to research by Euromonitor International. Global consumer interest is turning towards small appliances, such as air treatment, cooking appliances and vacuum cleaners, which reflects the huge demands for health care and life-enhancing products. More than half of global sales of these products are coming from China, followed by France, Japan and Turkey.
GlobalStar Consulting Joins Infor Partner Network
GlobalStar Consulting LLC has joined the Infor Partner Network (IPN) as an Infor Alliance partner.
Refillable Bottle Touted as Creative Disruption That Consumer Packaging Needs
Replenish Bottling LLC has launched a sustainable product line that has the potential to change how many water-based consumer products are designed, manufactured and sold. The packaging technology can be found in a new line of concentrate household cleaning and personal care items sold under the CleanPath brand.
Just in Time for Holidays, 3D Printing Comes to Retail
Those watching the 3D printing category can now look beyond office supply retailers. Target is now offering 3D printing for small decorative and gift items for the holidays.
Retail Shrink Hit $128Bn Worldwide in 2013, But Is Slightly Down in Most countries
Shrink, comprised of shoplifting, employee or supplier fraud and administrative errors, cost the global retail industry more than $128bn last year, $42bn in the US alone, according to the latest Global Retail Theft Barometer. This represents 1.29 percent of retail sales, on average.
Closing the Loop on Recycling - And Making Money in the Process
Even in the age of recycling, forward and reverse supply chains have tended to be treated as separate disciplines. Now the world's largest retailer is partnering with major consumer goods manufacturers to help erase that distinction.
Three Tipping Points for RFID in the World of Fashion
In recent years, a growing number of retail RFID use cases have clearly demonstrated the benefits of being able to track inventory at the item level, leading to better shelf replenishment and fewer out of stocks. Many retailers quantify the benefits of reducing out of stocks not just at the item level (potential lost sales) but at the transaction level, since retailers closely track the number of items that comprise the average transaction (e.g. 3.6 items/sale). Using that example, an out-of-stock item (especially in a core category such as denim) could result in lost sales of an additional 2.6 items that were to be purchased with it.
Epicor Unveils App for Auto Aftermarket; Acquires QuantiSense
Epicor Software Corp. has introduced new business-management software for the automotive aftermarket.
Overall Global Retailing Sales Predicted to Reach $19.6Tr by 2019
By 2019, retail sales from all channels are expected to hit $19.6tr, according to market research company Euromonitor International, and beginning five years from now as much as a third of new retail sales will come from China.
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