Remove ATS Remove Operating Expenses Remove Planning Remove Store Operations
article thumbnail

Costco, Nordstrom And Abercrombie Results Showcase Retail Fortunes Across Three Verticals

Retail TouchPoints

Costco reported a successful quarter, while Nordstrom and Abercrombie discussed plans to handle the fallout. The initial stock-up period at the beginning of the pandemic tapered off in April as customers sheltered in place. The declines were attributed to store closures, though the retailer has reopened about 40%.

article thumbnail

Retail Logistics: Boosting Efficiency and Productivity

Retail TouchPoints

Bringing the Bottom-Up Perspective into Focus CollaboMation strives to connect human workers with shop floor technology, creating a smooth interface that harnesses shop floor analytics and bridges any existing gaps that may disrupt operations. However, these solutions provide only a top-down perspective, missing the on-the-ground reality.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Extended COVID-19 Crisis Could Force Tailored Brands Into Bankruptcy

Retail TouchPoints

Tailored Brands is taking multiple steps to maintain its operations, including accessing $310 million of additional borrowing from its credit facility; aggressively reducing and deferring operating expenses, capital expenditures and inventory purchases; and seeking extended payment terms with its suppliers, vendors and landlords.

article thumbnail

How retail outlets can keep costs down

Retail Focus

According to a recent study, the costliest in-store operating expenses are labour, rent, marketing and energy so these are great places to start when looking to cut costs. Although this might seem costly at first, the energy savings over time will add up and help to reduce the cost of your energy bill.

article thumbnail

Ancora Holdings Calls for New Kohl’s CEO and Chairperson Following Rejected Acquisition Offers

Retail TouchPoints

The offers had valued Kohl’s at $65 and $60 per share, respectively, well above the current share price of $27.50. Gass has been a C-level leader at Kohl’s since 2013 — and TSR is negative over that period as well. Ancora is one of several activist investors that has been pushing for change at Kohl’s. The fact is that Ms.