The Entrepreneurial Way with A.I.: Ben Unglesbee Khareem Sudlow
Showing posts with label Ben Unglesbee Khareem Sudlow. Show all posts
Showing posts with label Ben Unglesbee Khareem Sudlow. Show all posts

Friday, April 5, 2024

Apparel execs urge sourcing diversification amid geopolitical risks

11:42 AM

#SmallBusiness This audio is auto-generated. Please let us know if you have feedback. WASHINGTON, D.C. —  As the world marks four years since the onset of the COVID-19 pandemic, fashion executives have become all too acquainted with vol...

Read More

Monday, March 25, 2024

Flexing for the planet: How Walmart crushed its supplier emissions target

12:12 PM

#SmallBusiness This audio is auto-generated. Please let us know if you have feedback. With over 100,000 suppliers, the scale of Walmart’s supply chain is mind-boggling. And so when the world’s largest retailer takes on a supply chain in...

Read More

Friday, March 1, 2024

As Macy’s and others close stores, TJX is picking up the supplier base

12:03 PM

#SmallBusiness This audio is auto-generated. Please let us know if you have feedback. Dive Brief: As retailers like Macy’s continue shrinking their physical footprints, off-price retailer TJX Cos. expects to deepen its relationship wit...

Read More

Wednesday, February 21, 2024

Under Armour inventory ticks closer to normal as freight, supply costs fall

10:17 AM

#SmallBusiness Dive Brief: Under Armour is closing in on a “normalized” inventory position, with levels down 9% year over year to $1.1 billion in its most recent reporting period, CFO Dave Bergman told analysts earlier in February. Inventory...

Read More

Monday, November 20, 2023

After months in limbo, some products from bankrupt Mitchell Gold may finally reach customers

10:44 AM

#SmallBusiness A federal judge on Wednesday signed off on a plan that would give many customers of the bankrupt furniture company Mitchell Gold Co. the option to receive products that have been tied up in supply chain limbo for months. The agre...

Read More

Monday, November 13, 2023

Party City-owned balloon supplier files for bankruptcy

10:47 AM

#SmallBusiness This audio is auto-generated. Please let us know if you have feedback. Balloon manufacturer Anagram filed for bankruptcy Wednesday amid uncertainty around its supply agreement with its corporate owner, Party City. The retai...

Read More

Friday, May 5, 2023

Bed Bath & Beyond owes over $95M to these 14 vendors in its supply chain

10:22 AM

#SmallBusiness When Bed Bath & Beyond filed for bankruptcy late last month, the retailer lacked the means to keep its shelves stocked while making its loan payments.  That liquidity crisis followed months of supply chain struggles ultimately ti...

Read More

Thursday, April 27, 2023

How Bed Bath & Beyond lost its suppliers’ trust, and doomed itself

10:32 AM

#SmallBusiness In the story of Bed Bath & Beyond’s bankruptcy, which hit the court docket Sunday after months of speculation, the retailer’s suppliers and supply chain play leading roles.  The company is in Chapter 11 today partly because it co...

Read More

Tuesday, April 25, 2023

Amazon targets counterfeits with new information-sharing exchange

10:13 AM

#SmallBusiness Dive Brief: Amazon unveiled a new information-sharing platform Thursday aimed at helping retailers track counterfeiters and stop sales of online fakes. Dubbed the Anti-Counterfeiting Exchange (ACX), the e-commerce giant describe...

Read More

Thursday, March 16, 2023

Why Funko is destroying at least $30M worth of toys

10:17 AM

#SmallBusiness Dive Brief: Funko is in the process of destroying between $30 million and $36 million worth of inventory after surplus stocks strained its fulfillment network and ratcheted up operating costs. The maker of toys and collectibles ...

Read More

Monday, March 13, 2023

How Overstock is wooing new suppliers and weathering retail’s inventory torrent

10:27 AM

#SmallBusiness This audio is auto-generated. Please let us know if you have feedback. Despite its namesake, inventory excess isn’t really a problem at Overstock.com. That’s for the simple reason that the online home goods retailer doesn’t...

Read More

Wednesday, March 8, 2023

Disciplined inventory management helped Macy’s weather tough 2022

10:17 AM

#SmallBusiness Dive Brief: Inventory management has become an advantage for Macy’s even in a tough retail environment, according to analysts and company executives. Macy’s CFO Adrian Mitchell pointed to inventory productivity as a “value creat...

Read More

Tuesday, March 7, 2023

Kohl’s shrinks inventory position after ‘out of control’ levels in 2022

10:12 AM

#SmallBusiness Dive Brief: Kohl’s is revamping how it manages its inventory after net sales fell more than 7% in FY2022 and margins shrunk by nearly five percentage points. The discount department store chain is committed to shrinking its inve...

Read More

Friday, March 3, 2023

TJX sees buying opportunities as retail sector falters

9:47 AM

#SmallBusiness Dive Brief: An influx of high-quality inventory at off-price giant TJX Cos. helped push the retailer’s comparable sales up 4% in Q4. On a call with analysts, CEO and President Ernie Herrman noted that top-line struggles of e-com...

Read More

Monday, February 27, 2023

As inflation wears on, should retailers push back on supplier costs?

10:32 AM

#SmallBusiness This audio is auto-generated. Please let us know if you have feedback. The year 2021 was a short-lived golden age for retailers. Consumer demand came roaring back from its pandemic lows with such ferocity that many were abl...

Read More

Thursday, February 23, 2023

Ikea’s climate footprint shrinks as it rapidly switches to renewables

10:42 AM

#SmallBusiness Dive Brief: With much of its operations using renewable energy, Ikea is eyeing changes to its materials strategy as it works to further decrease its greenhouse gas emissions. The Swedish furniture giant said its emissions in FY ...

Read More

Monday, February 13, 2023

Retailers join $950M commitment to Central America sourcing

10:47 AM

#SmallBusiness The White House unveiled a $950 million round of investments by private sector players in Central America sourcing, infrastructure and businesses. The latest investments bring the total to $4.2 billion since the May 2021 launch o...

Read More

Thursday, February 9, 2023

Lululemon looks to increase supplier diversity for corporate buying

12:07 PM

#SmallBusiness Lululemon launched a program to increase supplier diversity in its non-merchandise purchasing operations.  The program will take a “phased approached” and begin with a focus on U.S.-based firms certified as 51% or more owned and ...

Read More

Monday, January 30, 2023

Risky business: How suppliers defend themselves against retail bankruptcies

10:19 AM

#SmallBusiness As consumer demand slows, the return of high-profile retailers in financial distress is a reminder of how vital trade credit is to the health and even viability of many store chains. It also shines a light on the financial threat...

Read More

Friday, December 9, 2022

Shein to invest $15M in supplier factories

10:43 AM

#SmallBusiness Dive Brief: Fast fashion giant Shein plans to spend $15 million over the next three or four years to upgrade hundreds of factories in its supply chain as part of its responsible sourcing program. The money will go toward “physic...

Read More