Product Sourcing

J.C. Penney announced on Monday that it's adding Forever 21 to its portfolio of national fashion brands. Shoppers will be able to find Forever 21 products at 100 of the 650 J.C. Penney stores across the nation, as well as on the retailer's website. Apparel items that will be available include tops, bottoms and dresses. The…

Rapper Kayne West filed a lawsuit against Walmart on June 24, alleging that the retailer is knocking off one of his latest shoe designs, Yeezy Foam Runners. According to documents obtained by TMZ, West’s team filed the lawsuit in Los Angeles County Superior Court, citing California’s Unfair Competition Law, which prohibits deceptive business practices. The lawsuit also claims that Walmart…

The pandemic has undoubtedly accelerated the shift to e-commerce by half a decade, with more people than ever before opting to shop online for items like groceries that have always dominated traditional brick-and-mortar retail. Now that customers have experienced the convenience of shopping online for products they never imagined, it’s unlikely that they’ll return to…

COVID-19 has created significant market and supply chain disruptions due to unprecedented shifts in both supply and demand. With retailers and brands cutting inventory, resulting in limited product availability, it's more important than ever that retailers and brands make fast, accurate product design, selection, and pricing decisions to lock in their share of scarce supply.…

As we consider the most significant trends impacting purchasing today, consumer demand for private brands continues to remain a focus, as well as the need for convenient and digitally enhanced shopping solutions. Among the ongoing effects of the pandemic, COVID has forever shifted customer behavior with respect to how consumers shop and what they purchase.…

Retail recovery audits are a proven mechanism for recouping cash lost due to overpayments. A large retailer can recover millions in lost profit and create process improvements that stop leakage from happening in the first place. With today’s renewed focus on accelerating working capital and improving cash flow, getting the audit process right is more…

Following a record year, imports at the largest U.S. retail container ports are expected to set new monthly records from now into the summer as the nation’s economy continues to recover from the COVID-19 pandemic. That’s according to the monthly Global Port Tracker report from the National Retail Federation (NRF) and Hackett Associates, a maritime strategy and…

Kohl’s, seeking to sustain momentum in its burgeoning active and casualwear categories, announced that it will start carrying outwear and outdoor apparel from Eddie Bauer in 500 stores and online beginning this fall. Kohl’s said it will offer a wide array of women’s, men’s and kid's apparel from Eddie Bauer, the 100-year-old brand known for its outdoor-active orientation. Eddie Bauer…

In recent months, e-commerce, particularly the third-party marketplace, has become the driving force for retailers as footfall in-store rapidly declines — with digital sales expected to rise a staggering 18 percent in 2020. Todays "virtual malls" have all delivered soaring revenue growth during the third quarter, fueled by the transformation of consumer shopping habits. E-commerce giants…

On-demand manufacturing, also called cloud manufacturing, emerged over the past decade and is beginning to revolutionize the supply chain industry. Driven by the explosive growth of e-commerce and shifting consumer preferences, the global cloud manufacturing market is expected to reach about $112 billion by 2024, growing at an astounding 19.8 percent annually, according to MarketWatch.…