Supply Chain Management Review - 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...
Glossy - 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...
Forbes - 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....
Luxury Daily - 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...
PARCEL - We are living through the most dynamic transportation environment in recent memory. The parcel carriers, in particular, are in a state of flux, with large shifts in service offerings, strategic alliances, and rate logic. Change is the byword of the day. This shifting environment means both opportunity and risk, depending on shippers' ability to develop and implement...
Glossy - After several years of downward spiraling sales, the last few quarters have seen Express slowly clawing its way back toward profitability, thanks in part to new CEO Tim Baxter. Its third-quarter earnings, released Thursday, showed $488 million in sales, down from $515 million in the same quarter last year. Still, that beat estimates and second-quarter earnings.
ModernRetail - As Five Below expands, it is straying from the traditional playbook of a discount chain. Last year, the chain — which, as the name suggests, carries items that sell for under $5 — opened a 10,800 square-foot flagship store on Fifth Avenue in Manhattan. Next year, it will experiment with adding video game lounges to some of...
Forbes - Following a test, Five Below has made the decision to start selling some products for more than $5. The higher prices address rising costs and offer the opportunity to stock costlier items at “extreme value” in the home and tech categories.