Global Powers of Retailing identifies the 250 largest retailers around the world based on publicly available data for FY2016 (fiscal years ended through June 2017), and analyzes their performance across geographies and product sectors. It also provides a global economic outlook and looks at the 50 fastest-growing retailers and new entrants to the Top 250.Read full article
Ahmedabad-based Infibeam Incorporation, India’s first listed ecommerce player, is acquiring Snapdeal’s wholly owned subsidiary Unicommerce, a cloud-based inventory management company. It’s a non-cash deal and the deal size is upto Rs 120 crore, where Infibeam will issue optional convertibles preferential shares to Snapdeal.Read full article
Forecasting product demand is an arduous process for merchants, but it’s critical to avoiding the twin challenges of out-of-stocks and excess inventory. A new study reveals that only 34.7% of wholesale supply chain executives say their current inventory planning process provides actionable insights on customers, inventory and demand — and that they are fully using those capabilities.
Approximately the same number, 35.7%, say their planning processes offered only some of the information they needed, while 19.4% said their processes do not provide what they want.Read full article
E-commerce is expected to surge by 20 percent to become a $4 trillion market by 2020, according to Nielsen data. How can small online sellers capitalize on that double-digit growth?
Considering that Amazon is already responsible for 37 percent of online spending globally, as per Salmon research, it’s easy to assume the e-commerce juggernaut will have a big part to play in the predicted increase.Read full article
The Supply Chain Resource Cooperative held its first ever “Executive Roundtable on Excess and Obsolete Inventory” on the NC State campus on October 25, 2017. The event was attended by 25 executives from a variety of different industries and backgrounds. Inventory Management Partners, LLC sponsored the event, and helped craft the format and content for the discussion. The objective of this session was to openly discuss some of the challenges that exist in managing this over-looked asset, and begin to shine a light on approaches that can be more effective in dealing with the issue.Read full article
In the world of fashion retailing, where shopping is fast moving online and stores try to keep inventories closely matched to sales, even a small stack of unsold clothes can be a bad sign.
What about a $4.3 billion pile of shirts, dresses and accessories? That is the problem facing H&M, the Swedish fashion retailer, which is struggling with a mounting stack of unsold inventory.Read full article
Shuttering all of its U.S. stores may seem to be the biggest problem facing troubled retailer Toys ‘R’ Us, but the liquidation process will throw up a fresh set of major challenges, said analysts and experts.
The liquidation of the company’s 735 U.S. locations is “an extremely big undertaking,” according to Chuck Tatelbaum, chair of the creditors rights practice group at law firm Tripp Scott, involving as many as 33,000 jobs and inventory that, even at a discounted price, must appeal to fickle consumers: children and their parents.Read full article
The introduction of the Goods and Services Tax (GST), liberalizing foreign direct investment (FDI) rules, and increased government spending has helped spur growth in the sector.
India’s aspiration to become a global manufacturing powerhouse and the government spotlight on ‘Make in India’ also compels nationwide supply chain reform, prompting several federal and state-based schemes and investment incentives.Read full article
Logistics firm Stellar Value Chain Solutions Pvt. Ltd is set to acquire Kolkata-based Innovative Logistics Services Pvt. Ltd for under Rs 100 crore in cash, a media report said.
The Economic Times reported that the acquisition will support Stellar’s entry into the express logistics segment and strengthen its network in India’s eastern region.
Stellar founder Anshuman Singh and Innovative managing director Mohan Jha confirmed the deal but didn’t disclose any details, the report said.Read full article
This British luxury e-commerce group began life as a bricks-and-mortar boutique before flanking its competitors. It spurred a fierce bidding war this year before it was bought by the private equity firm Apax Partners. The group reported record full-year results in 2017, with revenue up 61 percent to £204 million. While still relatively small, its edit of products is second to none, and it is the preferred shopping choice for many fashion industry insiders like Miroslava Duma, Caroline Issa and Livia Firth.Read full article
Future Group’s Kishore Biyani plans to launch a new digital strategy ushering what he calls Retail 3.0, which will blend technology with brick and mortar retail. The new avatar will be launched in the coming weeks and will be called Tathastu.Read full article
Global PE firm Warburg Pincus-backed logistics company, Stellar Value Chain Solutions, plans to invest up to Rs 2,000 crore over the next five years in an ambitious expansion plan which includes large, high-end warehousing spaces, its own transportation network and acquisitions in allied spaces.Read full article