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Think Tank
Retail: Page 58
The U.S. Retail Sector Has Had the Biggest Rise in Injury and Illness Rates
The incident rate at general retail stores in the U.S. has grown from 4.1 accidents for every 100 workers in 2017 to 5.6 incidents per 100 workers in 2021.
Black Friday, Boxing Day Expected to Be North America’s Busiest Shopping Days
Boxing Day is expected to overtake Black Friday as the busiest shopping day of 2023 in Canada while the holiday fell to sixth place on the U.S.'s list.
REI Co-op Opens Distribution Center in Lebanon, Tennessee
The new state-of-the-art distribution center will serve more than 60 stores and 5.6 million REI members in the region.
Procurement’s Need for Digital Transformation in the Spotlight at DPW 2023
Digital transformation is not a project with a start and an end-date; it’s a continuous process, says David Rogers of Columbia Business School.
WTO Cuts 2023 Forecast for Growth in Trade in Goods by Half
The WTO said October 5 that merchandise trade volumes would grow by just 0.8% in 2023, less than half of the 1.7% estimate that came in April.
Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking
A global manufacturer lacked real-time tracking capabilities, making it difficult to ensure the safe transportation of its products and meet customer expectations.
Moving Robots Site-to-Site
Highly seasonal demand across its network of warehouses left this large e-commerce provider with a choice: Invest in a system that operates under capacity for most of the year, or one that can’t meet the peak volume.
U.S. Regulators Claim Amazon Used Secret Algorithm to Increase Prices
The algorithm allowed Amazon to improve its profit on items across numerous shopping categories, which caused competitors mimicking the retail giant to raise their prices.
Four Tips for Optimizing Omnichannel Allocation and Replenishment With AI
With the omnichannel becoming the standard for fulfillment, decisions on allocation and replenishment become far more complicated than just meeting demand at the store level.
Watch: Solving the Tricky Problem of Returns
Pavan Mahtani, general manager of returns with Veho, explains the complications that arise from the management of returns, along with solutions that can mitigate the cost for all involved.
Retail Crime Led to Over $112B in Losses in 2022
The average shrink rate for the 2022 fiscal year grew to 1.6% from 1.4% in 2021, aligning with shrinkage rates seen in 2020 and 2019.
Five Visibility Benefits for Fashion and Retail Supply Chains
Even retailers who get it right in terms of technology investment and sourcing soon inevitably face growth challenges.
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