Supply Chain
As the COVID-19 outbreak continues to sweep across the globe and leave chaos in its wake, there's a realization from everyone that the disruption isn't ending any time soon. For retailers, there have never been tougher climates to trade in โ physical stores have been closed, consumer confidence is low, and peoples are spending lessโฆ
The coronavirus pandemic has transformed the retail experience overnight. Suddenly, the standard for fulfillment is contactless delivery and curbside pickup. Thereโs also an overwhelming consumer demand for essential items, such as groceries, toilet paper, gloves, masks and hand sanitizer โ a demand so great that not even an e-commerce behemoth like Amazon.com, which was forcedโฆ
From makeup and toothbrushes to mattresses and luggage, the direct-to-consumer (D-to-C) market has grown exponentially in recent years and the shopper experience today is unlike anything weโve seen before โ with virtually no signs of slowing. In fact, according to a 2019 report from eMarketer, there are well over 400 D-to-C companies today, and whileโฆ
COVID-19 has changed our world. Itโs impacting life itself, including our ability to get access to the right essential goods. It has overwhelmed delivery and pickup networks. Some small, innovative businesses have been able to quickly adapt and focus strictly on curbside or pickup, while larger chains have been challenged to hire fast enough toโฆ
In episode 244 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Ben Scrivens, founder and president of Fright-Rags, a designer and producer of original and licensed horror T-shirts. Listen in as Scrivens discusses the history of the brand, Fright-Rags' business evolution during COVID-19, and how the company has dealt with an uptick in orders in recentโฆ
Global circumstances have driven the retail industry into a period of extremes. Some retailers have closed the doors on brick-and-mortar sales and are experiencing year-over-year revenue loss. Others are struggling to keep up with consumer demand and are hiring thousands of new employees. It feels for many like a time of uncertainty, and while theโฆ
The fashion industry is facing its biggest crisis yet โ 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.โฆ
Due to the COVID-19 pandemic, many thousands of retailers and restaurants are offering delivery for the first time. Itโs become a lifeline not only for homebound people, but also for the businesses themselves and their workers. However, delivery can often seem complex and overwhelming, especially if this is your first time. Hereโs some advice forโฆ
COVID-19 has turned the world of retail upside down. Hundreds of millions of Americans have been ordered to stay home during the pandemic, resulting in thousands of shuttered brick-and-mortar businesses and a surge in online shopping. In the face of all this uncertainty, retailers are trying to understand how COVID-19 will impact everything from maintainingโฆ
Entering a new decade that begins with the year 2020 gives rise to thoughts about what โ2020 visionโ means for procurement in the next decade, during which supply chain and procurement operations will digitally transform at a rapid pace. The trouble is, observers have been predicting โthe changing world of procurementโ for many years nowโฆ