The growth of e-commerce around peak shopping season is no longer a new story, and this year was no exception. But 2017’s peak season did raise some eyebrows for getting off to an unusually early start, with sales from Nov. 1 to Nov. 22 up 17.9 percent, year-over-year, according to Internet Retailer’s report on the peak shopping season.
The scene at the East Coast’s largest mall on a recent Friday morning would seem to fly in the face of the doomsday narrative surrounding U.S. retail centers. A steady stream of holiday shoppers walked the lacquered halls, browsing stores from Gap to Gucci. By noon, a line was snaking out of an outpost of the Shake Shack burger chain.
The millennial generation's embrace of renting rather than owning has spread far beyond housing and ride-sharing, and even some traditional major retailers are taking notice.
There are a lot ways to judge retailers during the holiday season. Is store inventory overflowing, as it was a couple of years ago? Are chains discounting like crazy? But what really matters for most retailers is whether they are successfully fighting off Amazon.com Inc.
President Trump signed an executive order Wednesday instructing his deputies to devise "a strategy to reduce the Nation’s reliance on critical minerals" that are largely imported and used to produce everything from smartphones to weaponry.
Children as young as eight miss school and toil in hazardous conditions to make shoes for the global market in Agra, the city of the Taj Mahal, campaigners said, calling on shoe brands to work with the local government to clean up their supply chains.
This week was a big moment for deals in the food industry. Campbell Soup Company announced that it would acquire Snyder’s-Lance for nearly $5bn, and the Hershey Company said it is buying Amplify Snack Brands in a deal valued at about $1.6bn.
The latest supply-chain news, analysis, trends and tools for executives in the consumer packaged goods industry. Learn how consumer packaged goods companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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