Once known as the world's manufacturer, China has emerged as a destination for retailers from around the world to sell. A growing middle class with consumers willing to spend, Chinese retail sales grew 9.6 percent in 2016 and was on track to surpass that for 2017. Primarily fueled by e-commerce, retail is undergoing a big change and evolving in what is called O2O – online to offline. -Cathy Morrow Roberson, Founder/Head Analyst, Logistics Trends & Insights LLC
If you want an explanation of why brick-and-mortar retailers are struggling today, industry observers say, look no further than Amazon. But there’s more to the picture than that.
As expected when it filed for bankruptcy protection last summer, struggling toy retailer Toys ‘R’ Us is closing an enormous number of stores, 180 stores to be specific or nearly 20 percent of its fleet, as it tries to get back to being a viable chain.
The latest supply-chain news, analysis, trends and tools for executives in the e-commerce/omnichannel industry — which consists of companies engaged in internet retailing, including those with auxiliary brick-and-mortar stores. Learn how e-commerce/omnichannel 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.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.