Inventory

Zappos Adaptive Offers a Solution for Disabled Shoppers
September 14, 2020 at 5:01 pm

In episode 264 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Dana Zumbo, business development manager at Zappos Adaptive, a division of Zappos that carries a wide range of adaptive clothing and shoes with unique features to fit a variety of needs. Listen as Zumbo discusses why Zappos launched its Adaptive program, how the initiative was sparked…

Amid COVID-19, is it Finally Time for Off-Price to Prioritize E-Commerce?
September 14, 2020 at 11:27 am

It’s a question worth discussing as the unprecedented pandemic continues to strain the retail industry. Take, for example, TJX, the parent company of T.J. Maxx, Marshalls, and HomeGoods, which reported first quarter net losses exceeding $887 million after closing all of its stores and distribution centers over a two-month span in compliance with statewide lockdowns.…

Brands Experiencing Bullwhip Effect Look to Purchase Panels
September 9, 2020 at 1:02 pm

At the onset of COVID-19, out-of-stocks plagued retailers. Their immense impact was amplified by the "Bullwhip Effect" to create tsunami-like waves in demand from retailers to brands and on to their suppliers. The vicious cycle of hoarding and resulting out-of-stocks fueling further hoarding forced brands to look beyond point-of-sale (POS) data as their ultimate demand…

3 Strategies for Reducing Excess Seasonal Inventory
September 2, 2020 at 3:20 pm

As the calendar turns toward September, shorts, shirts and swimsuits must make way for sweaters and slacks in retail stockrooms. But with consumers everywhere staying home, some retailers’ inventories may be bursting at the seams with backlogged products. Whether they’ve slowed their buying to keep balance sheets in check or are simply reaching the end…

Changing the Narrative: Setting the Stage for Retail Recovery, Part 2
July 30, 2020 at 4:06 pm

In part one of this article, I examined the challenges that the retail sector has faced since the beginning of the pandemic, and its inability to rely on traditional historic consumer data when it comes to meeting consumer needs. Artificial intelligence (AI) and machine learning, however, could be the key to providing retailers with the…

COVID 19 Resources: Business Strategies, Wellness Tips, and Personal Finance Info.
May 10, 2020 at 7:25 pm

Welcome to this week's Retail Resources, which features a curated list of the best content and resources that I hope will help you navigate through the coronavirus pandemic. This week I offer information and resources about business strategies, wellness tips, and personal finance information. If there's anything you would like me to share in a…

COVID-19: Impact on CPG and Retail
April 28, 2020 at 3:05 pm

In the weeks since COVID-19 was declared a pandemic, shopping habits in the U.S. have rapidly and fundamentally changed, leaving the consumer packaged goods (CPG) and retail industries to adapt and rise to an unprecedented occasion. Consumers are not only altering what they’re buying, but also how they’re buying, with quarantine and social distancing guidelines…

How to Overcome Plummeting Sales and Inventory Disruptions From COVID-19
April 10, 2020 at 2:25 pm

The fashion industry is facing its biggest crisis yet — the COVID-19 pandemic. Spanish fashion group Inditex announced the closure of over 3,800 stores across 39 markets. The group, which owns brands like Zara and Massimo Dutti, saw its sales drop 24 percent in early March. For Neiman Marcus, bankruptcy may be a possible outcome.…

Leading the COVID-19 Solution Through Private Brands
March 26, 2020 at 12:38 pm

As the consumer mood in the U.S. around the COVID-19 outbreak has quickly shifted from curious to cautionary, retailers have a significant role to play in providing shoppers with a solution. U.S. exposure and response by federal and local governments continue to mount day-by-day, and therefore buying patterns are evolving rapidly as shoppers come to…