How Retailers Can Overcome the $1.7 Trillion Inventory Distortion Problem
Jessica Grisolia
Inventory distortion is a critical problem for retailers and, if left unaddressed, it will only worsen. The term refers to the total business costs resulting from both overstocking and stockouts. Just last year, the cost of inventory distortion in retail amounted to $1.7 trillion worldwide. …
CVS to Open Smaller Format, Pharmacy-Only Stores
Marie Albiges
CVS is focusing on the health side of its business by launching a handful of pharmacy-only, smaller format stores, multiple news outlets reported. The dozen or so stores — expected to open later this year in select, unnamed locations — will come without the snacks, …
Tackling Return Fraud: How Retailers Can Protect Themselves in the E-Commerce Era
Helen Scurfield
Return fraud has become a major concern for retailers, costing the industry in the U.S. an estimated $103 billion in 2024, or 15.14 percent of all returns. As online shopping continues to grow, fraudulent returns are becoming increasingly sophisticated, posing significant financial and operational challenges …
How a CDP enables brands to know their customers and build trust using identity resolution
Roop
Find out what identity (ID) resolution is, how it helps unify customer identities to enhance personalization and engagement, and how a CDP enables identity resolution for better customer insights and targeted marketing …
The Power of Tracking: How RFID, Barcodes, and Bluetooth Tags Are Revolutionizing Supply Chains
Bart De Muynck
Let’s face it, today’s business world is fast-paced, complicated and constantly changing. To stay ahead, companies need to make their supply chains as efficient as possible. And one of the biggest game-changers? Being able to track goods accurately and seamlessly from start to finish. It’s …
Decoding the New Rules of Retail Mergers, From Integration to Innovation
Katie Hankinson
Mergers are popping up all over the place right now, and the retail category is no exception. From Forever 21 and JCPenney joining forces to create something called “Catalyst Brands” to a whole raft of retail announcements post-election, it’s all about consolidation. With Harvard Business …
What Online Retailers Need to Know Before Seeking a Loan
Eric Youngstrom
Securing funding is a pivotal step for online retailers looking to scale their business, invest in inventory, or expand marketing efforts. However, before applying for a loan, e-commerce merchants must meet certain financial benchmarks and understand key lending criteria to improve their chances of approval. …
NikeSKIMS: A Stroke of Genius Innovation or a Desperate Move to Restore Nike’s Mojo?
Mark Payne
Nike’s newly announced collaboration with Kim Kardashian’s SKIMS to create a line of co-branded shapewear is creating real buzz with consumers, retailers and marketers. They announced that their new brand will “disrupt the global fitness and activewear industry with best-in-class innovation in service of all …
Exploring the Factors Preventing Retailers From Optimizing Loading and Routing
Aaron Geiger
Retail logistics optimization has become a significant factor in maintaining a competitive edge. However, many retailers struggle to effectively implement artificial intelligence (AI) and software solutions for their supply chain. This disconnect often stems from a misalignment between C-level decision-makers and operational teams, leading to …
How AI is Combatting Human Rights Abuses in Supply Chains
Eric Linxwiler
An estimated 50 million people are trapped in modern slavery worldwide, including 28 million in forced labor. Within global supply chains, these abuses remain pervasive, often hidden in the lower tiers of sourcing networks. As consumer awareness of these human rights violations grows, brands and …
