A few months ago, I talked to a specialty retailer that operates both stores and a direct-to-consumer channel. Five years ago the company decided to bring its direct-to-consumer operation in-house and it built a 500,000 square foot distribution center (DC).…
Last week Macy’s, the department chain retailer, announced its fourth quarter results. The company has done well in a tepid economic environment. Macy’s has been beating estimates for same-store sales for several months, posting year-over-year comparable store sales growth of…
Wow, 2013 is already one-twelfth over. With no time to waste, let’s go straight to the news… Manhattan Associates Reports Record Fourth Quarter and Full Year 2012 Performance UPS Achieves Record Earnings Per Share UPS Announces Withdrawal of Offer for…
Countless: the number of double spaces after periods I’ve had to delete as an editor over the years. Last weekend, Slate republished a much discussed article from two years ago titled, “Space Invaders: Why You Should Never, Ever Use Two…
The new inventory manager at the Carnegie Mellon University campus store is short, likes to wear hooded sweatshirts, and doesn’t talk much. And he’s a robot. As reported in a recent MIT Technology Review article, the robot called AndyVision “scans…
Every business wants the highest yield or gross margin return on investment possible for its inventory dollar. Whether you’re in retail or wholesale, inventory is often the single largest, continuous investment you make and the ultimate goal is to make…
