Manhattan Associates continues to close the loop on its supply chain and omnichannel service offering with the recent acquisition of in-store mobile solutions provider GlobalBay Technologies from VeriFone.
Fred’s has brought Craig Barnes and Kelly Ma on board to lead the company’s new sourcing team, as part of the regional discount chain’s efforts to strengthen its overall inventory and buying management capabilities. The company tapped the pair in conjunction with its July sales results.
Tractor Supply is scheduled to provide complete second-quarter results in just under two weeks. But the first half of the quarter was affected by bad weather, which caused softness in sales, particularly in seasonal merchandise, prompting the company to lower its full-year guidance.
Women’s sportswear and apparel retailer Fresh Produce has appointed Dorothy Sadd as its COO, the company announced Thursday. The 25-year industry veteran will oversee growing the 30-year-old brand’s footprint, using her expertise in several different facets of clothing production and inventory management.
Leading United Kingdom retailer Sainsbury's has chosen the software and services of Quantum Retail Technology to optimize its fashion and general merchandise inventory through improved allocation and replenishment functionality.
Tuesday Morning Corporation’s turnaround efforts paid off in the third quarter ended March 31. The company reported strong comparable store sales performance, increased inventory turnover and improved cash position during the quarter.
In the last 12 months the buzz around omnichannel has become the most consistently discussed trend for major retailers. It’s always noteworthy when a trend emerges and becomes a part of the mainstream conversation so quickly, but what is even more noteworthy is how fast omnichannel has become standard operating procedure.
A little more than a week since the Men's Wearhouse confirmed plans to acquire Jos. A. Bank, it is launching an omnichannel inventory program giving customers access to merchandise within its distribution center and its more than 900 retail locations from one spot.
Demand forecasting, inventory allocation and replenishment — the unsung building blocks of every successful retail enterprise — have gained a new level of respect with retailers striving to deliver the omnichannel experience shoppers demand.
When it comes to meeting consumer expectations, the stakes for retailers have never been higher. Digital age consumers are more discerning, have high expectations for the quality of product information and use technology in a variety of ways to make educated purchasing decisions.
Demandware has acquired privately held Mainstreet Commerce, a leading provider of cloud-based order management software in an effort to simplify order orchestration between online and in-store shopping processes, optimize store and Web inventory and enable retailers to deliver a “buy anywhere, fulfill anywhere” consumer experience.
99 Cents Only has spent the last six months upgrading its systems and procedures related to accounting for merchandise inventories. In the meantime, and ahead of its second quarter results for fiscal 2014, the company has begun taking physical inventories at its stores on a SKU-level basis for the first time.
J.C. Penney scored a major victory during October with same stores sales up 0.9%. That may not seem like much, but for a company that has been written off by many the meager increase offers an encouraging tailwind heading into what retailer’s nationwide expect to be a challenging holiday season.
Sales trends at J.C. Penney are improving and year end liquidity is now expected to exceed $2 billion following a recent stock offering, the company said Tuesday morning during an uncharacteristic mid-quarter update on its operating performance.
Multichannel retailer Delia’s, which markets primarily to teen girls, continues facing challenges in traffic trends as it wrapped up the second quarter ended Aug. 3 with total revenue of $33.2 million, a 16.7% drop from $39.8 million in the year-ago quarter.
Henkel Consumer Goods Inc., a provider of leading consumer brands such as Dial, Purex, Soft Scrub and Right Guard, plans to leverage Datalliance VMI’s platform for its expanding consumer goods Vendor Managed Inventory program.