For food shoppers, 2016 was a back-to-the-future experience, with retail prices deflating for the first time since Lyndon Johnson was president. The year is expected to end with an annual drop of between 0.5 and 1.5 percent in the retail price of food prepared at home, according to the U.S. Department of Agriculture's Economic Research Service.
What did retailers want for Christmas? Apparently, new Chief Financial Officers. Neiman Marcus Group Inc. is on the hunt for a new CFO. So are Kohl's Corp., Coach Inc. and Nordstrom Inc. Whole Foods Market Inc.'s CFO of 29 years - and the longest-serving female CFO in the Fortune 500 - will be leaving in 2017.
Asos Plc, Britain's largest online-only fashion retailer, plans to double its U.K. manufacturing as the pound's post-Brexit plunge makes domestic production more affordable.
Seph Skerritt bought his first custom shirt in Shanghai, during an internship after college. It got him thinking why the same service wasn't available to a wider audience. "I told them exactly what I wanted, and that's what I got," he said.
Warehouses and distribution centers are dynamic environments where many different challenges arise. Sometimes those challenges go beyond the normal issues to become overwhelming, and start to impact the performance of the business. A Warehouse Management System (WMS) can help a business with many of these challenges, yet many smaller and medium-sized businesses hesitate to move from a manual paper-based approach to even a rudimentary WMS, based on fears about cost and disruption.
Low interest rates, healthy consumer spending and strong e-commerce are forming good conditions for industrial and logistics real estate growth in 2017, says JLL, an investment management firm that offers real estate services. Potential investment in infrastructure and continued company expansion are also expected to fuel demand for warehouses and distribution centers despite global economic uncertainty.
The latest supply-chain news, analysis, trends and tools for executives in the e-commerce/omnichannel industry — which consists of companies engaged in internet retailing, including those with auxiliary brick-and-mortar stores. Learn how e-commerce/omnichannel companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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