Operations Summit 2016

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News ARCHIVE

Finish Line Supply Chain System Issues Hit Q3 Numbers  Jan 11, 2016 11:56 AM By Mike O'Brien

Supply chain issues tied to new OMS and WMS systems led to inventory shortfalls and poor third quarter results for sporting apparel retailer Finish Line.

Hudson’s Bay Company to Acquire Gilt  Jan 07, 2016 1:47 PM By MCM Staff

Hudson’s Bay Company announced that it has entered into a definitive agreement to acquire Gilt Groupe Holdings, Inc. for $250 million in cash, subject to customary requirements.

Sales From Smartphones up 53%, but Online Retailers Struggle to Find Growth  Jan 07, 2016 8:25 AM By Tim Parry

Maybe the year of mobile commerce FINALLY arrived. Retailers said sales from smartphones grew 53% year-over-year, according to the State of Retailing Online 2016, conducted by Shop.org, Forrester Research, and Bizrate Insights. But there’s a catch: despite increased investments in mobile technology, more ecommerce retailers said they are struggling to find growth.

No Miracle on 34th St. for Macy’s, Thousands of Jobs Being Slashed  Jan 06, 2016 6:05 PM By Tim Parry

If Macy’s, Inc. was hoping for a modern-day Miracle on 34th St. the holiday season, it didn’t get one. The department store retailer had a bad holiday season, and will slash thousands of corporate and store-level jobs… and close a contact center.

List of 2016 Macy’s Store Closings  Jan 06, 2016 5:58 PM By MCM Staff

Final clearance sales at the following Macy’s stores closing in early 2016 will begin on Monday, Jan. 11 and run for between eight to 12 weeks.

Merged MarketLive-Shopatron Gets New Leader, Will Announce New Acquisition and Name  Jan 06, 2016 2:50 PM By Tim Parry

Ken Burke and Ed Stevens, the respective founders and CEOs of MarketLive and Shopatron, are remaining with the newly-merged company for the time being, according to the company, which will announce its new name and a new acquisition on Jan. 14.

UPS Bests FedEx in On-Time Performance during Christmas Week  Jan 04, 2016 5:12 PM By Mike O'Brien

Because of a policy shift and a willingness to turn away last-minute volume, UPS had a better Christmas week 2015 on-time performance record than FedEx.

With Shipping Prices Set to Rise, UPS, USPS Do Battle in Filings  Dec 23, 2015 10:24 AM By Mike O'Brien

UPS says in a filing that the U.S. Postal Service unfairly used its mail delivery monopoly to undercut private-market competitors on shipping prices.

Wayfair.com Mobile App Surpasses 2 Million Downloads  Dec 22, 2015 3:46 PM By MCM Staff

Wayfair’s mobile shopping activity points to an upward trend in mobile traffic with the majority of traffic to Wayfair occurring on phones and tablets. Phone traffic has been sharply on the rise throughout 2015 as consumers have been switching from PCs and tablets to the phone.

Jet.com, Seeing Broader Issues, Warns Customers of Possible Delays  Dec 22, 2015 12:31 PM By Mike O'Brien

Ecommerce startup Jet.com warned customers it can’t guarantee Christmas delivery for certain items not flagged as eligible for two-day delivery.






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