American retailers could be saddled with a glut of inventory for the holiday shopping season. With that in mind, chains could see their profit margins threatened at this crucial moment, with many stores offering high discounts, Reuters reported Monday (Nov. 13). The report cited an analysis by...
Urban Outfitters put itself on a crash diet that might have gone too far. As a result of inflation and the unpredictable nature of consumer spending, retailers are implementing strategic and streamlined methods to manage their product inventory by reducing their offerings and aiming for...
Inventory replenishment robots are rolling out in 50 Walmart locations, according to a Thursday (Oct. 26) Reuters report. The goal is to stock product faster and save employees time when filling empty shelves. The robots have already been piloted in a number of stores, according to...
December 13, 2023
A slowdown in luxury spending, combined with excessive inventory levels for the holiday season, has reportedly prompted fears of a discounting spiral that could cheapen the image of luxury brands. Credit card data from both Barclays and Citi reveals a decline in luxury spending in November, Reuters reported Wednesday (Dec. 13). Luxury goods spending in the United States was down 15% […]
November 13, 2023
American retailers could be saddled with a glut of inventory for the holiday shopping season. With that in mind, chains could see their profit margins threatened at this crucial moment,...
October 27, 2017
Inventory replenishment robots are rolling out in 50 Walmart locations, according to a Thursday (Oct. 26) Reuters report. The goal is to stock product faster and save employees time when...
