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Supply Chain & Merchandising

  • Rent the Runway launches same-day delivery

    A designer fashion rental company is getting merchandise into New York City fashionistas' hands even faster.   Rent the Runway, already a disruptor in the traditional formal wear category, now offers a service that delivers orders in a matter of hours. Specifically, customers that place orders before 12 p.m., will have it in their hands by 5 p.m., according to CNBC.  
  • Whole Foods Market has sluggish Q3, but beats analyst expectations

    Despite a drop in profits and same-store sales, Whole Foods Market still managed to surpass analyst predictions for the third quarter.   Net income for the quarter, ended July 2, net income fell to $106 million, or 33 cents per shares, from $120 million, or 37 cents a share, a year ago. This beat analyst expectations of 33 cents expected, according to Thomson Reuters.  
  • Department store chain improves inventory accuracy with RFID

    The Bon-Ton Stores is speeding up how it restocks merchandise.   The department store chain is replacing its manual, paper-based restocking process with a radio frequency identification (RFID)-based system. The solution, from Zebra, enables store associates to fully restock merchandise displays in a fraction of the time — a move that increases productivity and enables associates to spend more time servicing shoppers.  
  • Amazon’s Prime Now Singapore launch hits a snag

    Amazon’s Prime Now debut in Singapore started off strong, but high user volume took a toll on the program’s first day of service.   The service, which offers free two-hour delivery on tens of thousands of items ordered through the Prime Now app, launched on Thursday morning. By that afternoon, users struggled to use the service, according to CNBC.  
  • Coffee giant makes a blockbuster deal in China

    Starbucks Coffee Company has closed the biggest transaction in its history.    The coffee giant is buying the remaining 50% share of its East China business from long-term joint venture partners, Uni-President Enterprises Corporation and President Chain Store Corporation. The deal is worth approximately $1.3 billion (USD) — the largest single acquisition in the company’s history, according to Starbucks.  
  • Amazon expands Prime Now’s international breadth

    Amazon has introduced its same-day delivery service in its ninth country.   The online giant launched Prime Now in Singapore, giving Prime members free two-hour delivery on tens of thousands of items ordered through the Prime Now app. Merchandise ranges from grocery items like eggs, cold beer and ice cream to general merchandise, such as baby strollers, toys, and consumer electronics. This is Amazon’s debut in the Southeast Asian market.   
  • Walmart Reimagines the Store Experience

    Technology prominent in discounter’s “next-gen” store concept

    Walmart is testing enhanced features and technologies designed to appeal to today’s digitally driven lifestyles in two new supercenters — one in Tomball, Texas, and one in Lake Nona, Fla.

  • GNC’s profits fall in Q2

    Despite online and in-store transaction growth, GNC’s income and revenue declined in the second quarter.   
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