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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.

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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.

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

Retail TouchPoints

Ancora cited Kohl’s repeated rejection of acquisition offers, including from Sycamore Partners and Acacia Research in February 2022 and Franchise Group in July 2022, as part of the need for new management. The activist investor expressed concern that Kohl’s will be unable to manage a true turnaround. Net sales fell 8.5%