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Retail: Page 333

Adaptive Software Tool Improves Inventory Tracking with Customized Solution

Challenge: This STEM education nonprofit supplier required a custom inventory and warehouse management system for both inbound and outbound logistics of their educational rental kits. The goal was to better manage the warehouse while tracking the deployment of durable inventory through their life cycle.

Why Disney's MagicBands Are a Cash Cow in the Making

Disney found another way to simplify guests' resort experience and make a ton of money in the process. Just in time for summer, Disney has rolled out RFID-enabled MagicBands for guests visiting the Walt Disney World resort.

Making the Case for In-store Pickup of Online Orders

It's no secret that the apparel, accessory and lifestyle world has long led the way in driving digital innovation across the retail frontier. Considering early initiatives around the convergence of in-store and online channels, several apparel pioneers come to mind – Macy's, Bloomingdales, Nordstrom, Gap.

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Opus Global Acquires Global Third Party Hiperos, LLC

Opus Global has acquired Hiperos LLC, a global software vendor connecting more than 300,000 entities on behalf of third parties serving the energy, financial services, food, real estate, pharmaceuticals and technology sectors.

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Retail, So in Need of Innovative Technology, Is Said to Be Slow to Make IT Investment

Retailers generally have a reputation for being slow to embrace the latest innovations in technology. According to data from the U.S. Census Bureau, the retail industry as a whole spends far less on technology than nearly all other service sectors.

Walmart Says It Wants to Do More Business with American Manufacturers

Walmart welcomed more than 500 manufacturers recently at its world headquarters, during the company's first Made in the USA open call. Suppliers met with senior company officials and merchants to pitch products for stores, clubs and online.

Small Business Finds 3D Printing Can Bring Cost Savings

Since David Friedfeld took over ClearVision Optical from his father in 1985, he's seen most eyewear manufacturing move overseas. The 120-employee company, based in Hauppauge, N.Y., is bringing a small piece of it back. Last year, Friedfeld purchased an entry-level 3D printer for just under $3,000. He still does the bulk of his manufacturing abroad, but he can now print eyeglass prototypes in-house.

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Most Retail CEOs Don't See Omnichannel Shopping Affecting Them. What Are They Thinking?

The technology-driven shift to omnichannel shopping is the most transformative change to hit retail in decades. Yet in a global survey of CEOs conducted by PwC, only 22 percent felt this monumental shift would impact their organizations. Are these retail CEOs missing the boat?

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Bed Bath and Beyond Builds Omnichannel Capabilities Through IT Investment

Specialty retailer Bed Bath and Beyond spent $68m in its recently completed first quarter, primarily for IT enhancements. "While we continue to review and prioritize our capital needs, we remain committed to making the required investments in our company to help position us for our long-term success," said CEO Steven Temares.

Supermarkets Could Soon Manipulate Where You Walk in Store, Send Coupons to Smartphones

You walk into the local supermarket, list in hand. Eggs, milk, bread, some pork chops and steaks, cereal, potatoes, fruit, and what the heck, maybe a bag of chips. You know the routine: with basic meat, bread and dairy necessities strategically set up around the perimeter, you'll have to pass by a host of other items on the way there and back.

Poorly Managed Excess Inventory Poses Threat to Supply Chain

A long-standing challenge in the electronics supply chain is the management of so-called "excess" inventory. When an OEM or EMS provider orders too much product, it is often sold in the open market to distributors that are not franchised by component suppliers.

RFID Smart Shelves Deliver Valuable Data on Retail Shoppers

Convergence Systems Limited (CSL), a global provider of passive RFID products and active RTLS equipment, announced that a retail application of CSL RFID hardware has successfully reduced inventory time and increased sales for ISA Boutique, Hong Kong’s famous chain of boutique brand-name stores.

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

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