Reducing shrinkage in retail: How RFID is making a differenceManaging inventory shrinkage is a persistent challenge, with losses from theft, administrative errors, and supplier fraud taking a big bite out of profits. Hy-Vee optimizes distribution and transportationA regional Midwest grocer is enabling a seamless, expedited flow of product throughout its supply chain. Target opens products to social influencer platform Target Corp. is joining a social commerce marketplace that will potentially provide a new sales channel for its products. Survey: 70% of holiday shoppers have abandoned purchase due to out-of-stock item The majority of consumers are sticking to a holiday wish list when shopping this year, making having items in stock critical for retailers. Retail Technology News: October update Retailers in October 2024 focused technology efforts in areas including omnichannel holiday sales extravaganzas, RFID, and fulfillment automation. David’s Bridal enters resale partnership A leading bridal and special occasion dress retailer is teaming up with a branded resale platform. The Children’s Place opens digital storefront on Shein A struggling children’s apparel retailer is partnering with a rapidly growing Chinese-founded and Singapore-based shopping app. Cole Haan supports direct-to-consumer sales with dropshipping Lifestyle footwear brand Cole Haan is fulfilling online orders through third-party brand partners. Joann launches new brands, promotions ahead of holiday season Fabrics and crafts retailer Joann is gearing up for its first holiday season since emerging from bankruptcy with deals and an expanded inventory. Amazon brings eco-friendly product certification program to Canada Shoppers on the Canadian Amazon site now have an easier time searching for and identifying sustainable products. 1 2 3 4 5 Next Last
