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Retail: Page 381

Optimism in Economy Growing Among Business People in U.S. and Globally

Business leaders in the United States showed signs of increased optimism in the performance of the nation's economy in the first quarter of 2013, according to the latest data from the Grant Thornton International Business Report. The report also showed higher global business optimism.

In Modern Retail Replenishment, Once a Day Isn't Enough

For retailers, the bar just keeps getting raised. Supply-chain excellence used to be about filling orders seasonally. Then weekly. Then daily. Now we hear of merchandise being replenished multiple times a day. Is there no end to the madness?

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Losses Mount as Returns Fraud Stings Online Merchants, Report Says

The National Retail Federation estimates that nearly $9bn was lost by merchants in returns fraud in 2012. And according to a report from ThreatMetrix, online fraud resulted in about $3.5bn in lost revenue in North America last year.

Meat Recalled in Britain as Traces of Veterinary Drug Found

A British supermarket chain has recalled a beef product after traces of the powerful veterinary drug phenylbutazone, which is banned from the human food chain, were found for the first time in an item that had been on sale in stores here.

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Brown-Forman Embraces Visibility to Cope With Rapid Growth

The giant producer of alcoholic beverages lacked visibility of its prepaid ocean shipments and carrier performance levels. It sought a single platform for managing the flow of goods from the factory all the way to destination.

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RFID Enables Retail in This Omni-channel World

With omni-channel, mobile, online competition and other forces at play, retail is in a state of dynamic transformation. Item-level RFID is playing a role in that transformation and major retailers are starting to adopt it in a big way.

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Site Selection for Retail Distribution Facilities

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Evolution of the Retail Consumer and How Supply Chains Must Adapt

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Getting Personal with Customers Prompts Them to Buy More

Survey results from MyBuys and the e-tailing group reveal customer-centric marketing - the ability to engage consumers in one-to-one conversations across the customer lifecycle and all touch points - increases buyer readiness, engagement and sales activity.

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How Monster Products Copes With Volatile Demand

When it comes to high demand volatility and difficulty in forecasting, few industries match the world of consumer electronics. And Monster Products, the maker of high-quality cables and other accessories for computer, video and sound systems, faces a challenge that's especially daunting. For much of its product line, the company depends on the ever-changing nature of big-ticket items like PCs and flatscreen televisions, not to mention the fickle tastes of consumers. Now add thousands of SKUs to that mix, and you have a forecasting effort that can be brutally complex. In this interview, conducted at eyefortransport's Hi-Tech & Electronics Supply Chain Summit in San Francisco, director of materials Jennifer Hochstatter spoke with managing editor Robert J. Bowman about how Monster Products approaches the problem of prioritizing supply for its extensive product line, and ensuring forecast accuracy for the most critical customers.

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Should Your Transportation Strategy Include a Regional Parcel Carrier?

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Trends Impacting Retail Logistics in 2013

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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

Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.

Moving Robots Site-to-Site