Remember paying a nickel deposit on a soda can? Extended Producer Responsibility (EPR) brings that idea to packaging—only the brand pays. Starting next year, five U.S. states will bill companies…
Consumers have been suffering from inflation, supply chain difficulties, and the rising costs of more advanced products. As a result, most have cut back on spending, which in turn has…
A well-running and managed supply chain is the lifeblood of any retail business, and this is more true than ever in the digital age. Online shopping and convenient shipping have…
The retail industry, always a hotbed of competition and innovation, has a new tool in its arsenal: artificial intelligence (AI). Major players leverage this transformative technology to streamline operations, enhance…
Traditional cost-cutting strategies are no longer sufficient in 2024. Retailers need to embrace forward-thinking and sustainable practices to achieve significant cost savings. In this article, we highlight six key strategies…
COVID-19 changed how retailers operates. In particular, it pushed consumers further online and slowed supply chains. The last point remains a huge focus, as hiccups in the supply chain pose large…
As retailers regroup for the next phase of growth, fulfillment strategy has surfaced as a pivotal operational pillar for many executive teams.To accommodate growing digital order demand – while grappling…