Stitch Fix, the algorithm-driven, stylist-focused purveyor of subscription apparel, saw revenue drop 21%, a 13% decline in active clients and a 9% dip in revenue per client in 2023. But new CEO Matt Baer, a former Macy’s executive, sees a pivot leading to growth after a painful restructuring. The company is shutting down two of its five fulfillment centers to right-size operations and inventory.
Learn how leading DTC operations are thriving under peak season pressure and the steps you can take to make the most of peak season 2023!
Counting product inventory is a laborious, repetitive, and time-consuming task. GEODIS has created an AI-driven, fast, and easy way to optimize inventory counts, while maximizing accuracy and minimizing loss. Save money, time, and resources that you can redirect to boosting your growth and profitability.
Strong workforce planning is essential to reducing costs, maximizing productivity, and meeting consumer needs–during regular and peak seasons. GEODIS has created a powerful, AI-driven labor forecasting model that reduces labor overhead while increasing shipping volumes–all without compromising on speed or quality.
Los Angeles, Sept. 18, 2023 – WARP, a tech-powered freight network specializing in middle-mile solutions, today announced the launch of “gLTL”, giving LTL shippers access to the gig economy for … Continue Reading →
Atlanta, Sept. 18, 2023 — Manhattan Associates Inc. today announced that Duluth Trading Company, a renowned casualwear, workwear and accessory retailer for men and women, has successfully implemented Manhattan Active® Warehouse Management at … Continue Reading →
GXO Logistics, which calls itself the world’s largest pure-play contract logistics provider, is acquiring Irving, TX-based 3PL PFSweb for $181 million in an all-stock deal, the companies said, increasing GXO’s presence in apparel, footwear and health and beauty categories. The transaction is expected to be completed in the fourth quarter, and GXI paid a 50% premium to the Sept. 13 close.
While business success for retailers depends in large part on their supply chains, they are extremely difficult and complicated to manage. Handling shipping, distribution and other aspects of logistics on your own can easily occupy an outsized percentage of your attention. This is why many opt to hand off all or part of their fulfillment operations to a 3PL. Here’s how to find the right one for you.
El Segundo, Calif., Sept. 13, 2023 – Extensiv, the leading provider of omnichannel software solutions for warehouse, inventory and order management, today announced an expanded collaboration with Vancouver, British Columbia-based … Continue Reading →
At its Accelerate seller conference in Seattle, Amazon announced a raft of interconnected services Tuesday, branded as Supply Chain by Amazon. It handles everything from logistics and forwarding from point of origin all the way to the customer’s door. For the first time, Amazon offers bulk storage, distribution and replenishment across channels from the same inventory pool, including retail stores.