Inventory

IoT Tech Trends to Look for in 2021
February 9, 2021 at 7:29 pm

2020 was an unprecedented year that has changed the retail industry forever, turning omnichannel operations on its head. With many stores closed and customers staying at home, retailers had to rethink their overall strategy, many converting in-store inventory to fulfill online orders and turning stores into temporary distribution centers. Buy online, pick up in-store (BOPIS)…

Connected Inventory 2021: The Future of Retail is Already Here
January 27, 2021 at 2:28 pm

Brick-and-mortar stores were already evolving before the global pandemic accelerated the shift to e-commerce. More than ever, customers know what they need and are going directly to a store that has it, either to buy it or pick it up having ordered online. This consumer behavior makes inventory visibility more important than ever for retailers.…

Amazon Sellers Are Concerned About Limited Warehouse Space
December 9, 2020 at 7:40 pm

Several Amazon.com sellers are concerned over a recent policy change, CNBC reported. The policy is meant to help the e-commerce giant save space in its warehouses as it faces a pandemic-fueled surge in online orders alongside the usual peak holiday shopping season. In August, Amazon announced it would be enforcing stricter quantity limits on shipments from…

How to Prepare Your Online Store for the Holiday Season During COVID-19
November 25, 2020 at 11:56 am

We’re already getting super hyped for the holiday season. From delicate snowfalls to generous gift-giving to spending time with family and loved ones, it really is the most wonderful time of the year. If you work in retail, however, the holiday season can mean something very different. Many boutique owners find themselves busier than ever…

The New Era of Retailing: Innovations and Predictions for the Future
November 11, 2020 at 11:31 am

For years the retail industry has experienced significant transformation in order to keep up with consumer demands and expectations, and while some have found success, others haven’t been nearly as lucky. Amidst a world-altering pandemic, however, the entire industry has been challenged in unexpected ways. Issues surrounding everything from operations, sourcing, supply chain, fulfillment, supply/demand,…

How Retailers Can Keep Pace in a COVID-19 Economy
October 13, 2020 at 2:30 pm

Managing spend is a tall order for retailers today. As the workforce grows more geographically distributed, and as employees increasingly drive business spending from the bottom up, it's harder to track cash flow across multiple touchpoints — from sourcing and manufacturing to advertising and employee supplies. COVID-19 has intensified these issues, forcing retailers to make…

How to Increase Profit When the Supply Chain is Unpredictable
September 22, 2020 at 2:38 pm

Long before algorithms, machine learning (ML), artificial intelligence (AI), and even computers, retailers have depended upon demand planning principles to stay in business. Demand planning is the foundation for resetting retail. Fortunately, retailers can now use demand planning powered by AI and ML. It can help retail chains maximize profit even in times of external…

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.…