What is the “need” of the 2020s?
According to Microsoft CEO Satya Nadella, “every retailer will need to build their own tech intensity.”
Guest Opinion: Mitigating Tariffs in Supply Chain Design
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Supply Chain Strategy for an Ever-Changing Political Environment
The ever-changing political climate has made it more important than ever to consider the impact of tariff regulation changes on supply chain design. The past couple of years of uncertainties have limited companies’ options to mitigate tariffs and off-set expenses to their supply chain networks, putting strains on moving into known and unknown markets. To reduce the effect of tariffs on cost, companies should consider best practices for strategically managing this new but increasingly common volatile market.
‘Bloomingdale’s is a Strong Brand’: How the Department Store Has Dodged the Fate of Its Competitors
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This week, Macy’s Inc. announced it’s closing 28 stores, making it the latest in a long line of retailers and department stores suffering the effects of a volatile retail environment and downsizing. But the company’s other retail subsidiary — Bloomingdale’s — has been one of the more resilient contenders in the retail space, closing one store this week versus dozens and seeing better financial results than competitors like Neiman Marcus.
Digitally Native Brand Almina Concept is Using Drop-Shipping to Grow the Business
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When Angela Gahng started her direct-to-consumer contemporary womenswear brand Almina Concept in August 2017, she was focused on creating high-quality, essential pieces at a reasonable price point. She wanted to be a step above fast-fashion companies like Zara and H&M but more accessible than some of the more high-end contemporary brands, and thought the only way that could happen was to be strictly DTC.
The Executive Gender Gap
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There has long been a gap between the number of men and women occupying business executive roles. Why is the gap so large? Consider this: women make up just under half of the workforce, but only hold about 25% of senior executive positions at U.S. public companies, according to recent research by Catalyst. Furthermore, only about 5% of the leaders of the S&P 500 companies are women. The gender gap is improving, but it’s happening slowly and there’s still a long way to go.
How Luxury Retail Can Capture Last-Minute Holiday Shopping
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With about a week left before Christmas and Hanukkah, retailers have the opportunity to simplify holiday shopping by offering a seamless omnichannel and stress-free purchase path. Despite the shortening timeframe before the holidays, retailers still have a chance to appeal to procrastinators with last-minute ideas. Delivery is going to be a key differentiator for retailers, whether it is free shipping on online orders or same-day fulfilment driven by bricks-and-mortar inventory.
