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Dollar General is beefing up its supply chain with of its first ground-up, dual facility in Blair, Neb. and two permanent regional distribution hubs in Newnan, Ga. and Fort Worth, Texas. The off-price retailer also is planning to expand its existing Jonesville, S.C. and Amsterdam, N.Y. facilities. The recently opened Blair facility combines the efficiencies of both traditional and DG Fresh supply chain networks as part of the retailer’s strategic, multi-phased shift to self-distribution of froze
Berkshire Hathaway-owned Dairy Queen is exploring options to expand in new markets, including Australia and Taiwan, the company’s CEO said, even as geopolitical concerns with China simmer. Owned by Warren Buffett’s Berkshire Hathaway since 1998, the fast-food chain counts China as its second-largest market, operating more than 1250 stores there out of more than 7,000 worldwide.
Best Buy is the latest retailer attempting to capitalize on the 61% of consumers who have up to four subscriptions. My Best Buy Memberships , which will launch nationwide on June 27, is a new suite of membership options designed to give consumers more flexibility based on their technology needs, budget and lifestyle. The expanded program includes three tiers — My Best Buy, My Best Buy Plus and My Best Buy Total — with each offering different benefits, such as members-only pricing and deals, ac
Adidas CEO Bjoern Gulden said the company plans to sell some of its Yeezy stock and donate part of the proceeds to international organizations. The athleticwear ended sales of the brand last year after Ye, formerly known as Kanye West, made a series of antisemitic comments. Ye will still be entitled to 15 percent of the sales of all Yeezy merchandise.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
As the CEO of ChatGPT developer OpenAI prepares to testify before the U.S. Senate next week about potential regulation surrounding generative AI, Google leaned into the tech at its annual I/O conference for developers , announcing plans to use generative AI to enhance a number of its core experiences, including search. Other announcements included plans to open up its ChatGPT competitor Bard to the world (no more waitlist), more immersive Maps experiences and new capabilities for Google Cloud cu
While some Aussies are altering their habits as cost of living pressures mount, coffee is still viewed as an essential for many. While they might cut back on specialty brews from their local cafe, customers are still eager to spend on a premium product and experience, and invest in equipment and beans to make coffee at home. According to Ibisworld , the market size of the coffee industry in Australia is valued at $8 billion – and is forecasted to increase by about 2.1 per cent each year, to $11.
Allbirds announced plans to further streamline operations by reducing the size of its workforce. The brand didn’t specify the number of workers being affected, but it made a filing with the FTC that noted 21 employees had been laid off globally in May. As part of broader business restructuring and streamlining measures, Co-founder and Co-CEO Tim Brown will transition from his current role to the newly created position of Chief Innovation Officer.
Allbirds announced plans to further streamline operations by reducing the size of its workforce. The brand didn’t specify the number of workers being affected, but it made a filing with the FTC that noted 21 employees had been laid off globally in May. As part of broader business restructuring and streamlining measures, Co-founder and Co-CEO Tim Brown will transition from his current role to the newly created position of Chief Innovation Officer.
Resale is one of the hottest sectors of retail right now, but despite rampant consumer demand and brand uptake, resale platform operators are struggling to make ends meet. This dilemma was on display as two of the biggest managed resale marketplaces, ThredUp and The RealReal , reported Q1 2023 earnings on May 9. Both platforms have zeroed in on profitability as their primary focus in the coming year, with ThredUp confirming its expectation that it will reach adjusted EBITDA break-even by the end
H&M recently revealed plans to revamp the shopping experience at its flagship store in Orchard Building, Singapore, along with the launch of a new lifestyle brand in the market in the third quarter of 2023. According to managing director and regional manager in South Asia, Oldouz Mirzaie, the pandemic has accelerated digitalisation across the board and this has made the company recognise the need to transform and rethink faster.
Machine learning-powered ecommerce payments provider Rokt has launched Rokt Payments Marketplace. The tool is designed to enable ecommerce businesses to unlock a new revenue stream on their payment page by presenting shoppers with relevant credit card and payment-related offers in a customizable and native placement. The offering aims to maximize revenue opportunities by converting static, fixed real estate into a flexible experience that’s tailored to each individual, based on the card offer or
AI agents already analyze trends, draft content, and trigger actions across leading commerce platforms. Yet most organizations still rely on workflows built for human‑only teams, losing speed, margin, and customer loyalty. Humans + Agents: Rethinking Enterprise Commerce in the Age of AI Collaboration shows how to close that gap. In one concise read you’ll see where agent gains surface first, how early adopters prove ROI, and which lean controls keep innovation moving without risking data or bran
Megan Welch appointed new Kathmandu CEO Rakshnna Pattabiraman Multibrand outdoor apparel retailer KMD Brands has appointed Megan Welch as CEO of Kathmandu. Welch has extensive global brand and product experience, and joins Kathmandu from Crocs where she served as senior VP and GM for Asia Pacific, based in Singapore. Michael Daly, Group CEO and MD of KMD Brands, welcomed Welch and said she has a “proven track record for growth and strong international experience”.
Once the dust had settled from a strong holiday sales season , it was back to reality in the retail sector. For many retail enterprises, that means finding creative ways to counter the elevated risks they face as a result of now all-too-familiar forces like inflation, a persistent labor shortage, cybercrime and ongoing supply chain constraints. As Forrester’s Brendan Witcher wrote in his retail outlook for 2023 , retail organizations aren’t powerless in confronting these forces.
As Australian retailers see consumers returning to in-person shopping, the drive to present eye-catching fitouts to a digital-savvy customer base has become critical in strengthening brands and creating unique and immersive shopping experiences. More than anything else, large-scale high-tech dazzling displays are now drawing customers into retail outlets, offering an enhanced shopping experience exposing customers to promotions, deals and a greater range of products than retailers could comforta
Best Buy has lowered the price of its Totaltech membership program from $200 to $179.99 a year. The consumer electronics chain has also debuted tiers to the program, including a free option. “We’re excited about introducing a new tier of membership that we believe leverages the insights that we gained around member pricing being really important and really attractive to a lot of members and making that available to a much wider swath of customers,” said Patrick McGinnis, Best B
Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.
Wellbeing at work is being taken more seriously by many businesses these days. After all, recent research has shown that more than a quarter of Generation Z workers – those born between 1997 and 2012 – seek out workplace benefits that help them cope with stress. This includes nap pods, meditation rooms and massage chairs. The focus on sleep is important.
About a decade ago, Google ran an experiment to explore the hypothesis that management does not impact individual performance. The results were interesting – not only did it prove that good managers significantly impact performance, but that removing managers altogether created cultural disconnection and an almost immediate drop in performance. What was the magic ingredient that was missing when managers were removed from the equation – or poor managers were left in the equation?
Late deliveries. Split shipments. Spiraling freight costs. For home, furniture, and DIY brands, fulfillment has never been more complex—or more critical. This report outlines how a smarter, AI-ready order management system (OMS) helps you reduce shipping costs, streamline project-based fulfillment, and ensure accurate inventory across every channel.
The move by seasoned retailer Brett Blundy to takeover discount fashion retail Best & Less (B&L) resulted in plenty of headlines for the reason that the bid was lower than what the company’s shares were trading at. The fact that the board accepted the lowball offer had many questioning what Blundy and Ray Itaoui have in store for the brand.
Advisers to the Food and Drug Administration (FDA) voted unanimously to support the sale of the Opill birth control medication over the counter (OTC). Opill would become the first oral contraceptive approved for OTC sale in the U.S. if the FDA approves it.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
An advisory group to the Centers for Disease Control and Prevention is expected to advise the federal government to add Cronobacter sakazakii to the pathogens tracked by local and state health departments. The bacteria was tied to infants becoming ill last year, leading to an infant formula shortage in the U.S. that lasted months.
The percentage of workers satisfied with their jobs rose to 62.3 percent in 2022, up from 56.8 percent in 2020, according to data from the Conference Board. The percentage of satisfied with their jobs was at the highest level in 36 years, with the happiest workers being those who split work between their homes and offices.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Wholesale prices for the 12 months ending in April were 2.3 percent, the lowest annual rate going back to 2021. The annual rate was 2.7 percent at the end of March.
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