SUPPLY CHAIN

Study Says Retailers Should Integrate Supply Chains

BY CSA STAFF

Miami, According to “Retail Demand 2005: Emerging Consumer Desires in the Retail Sector,” a study released today by Adjoined Research, nearly 80% of consumers use physical stores, on line, and catalogs interchangeably. This is up from 57% a year ago, according to the independent research study.

In addition, the study identified Wal-Mart and Target as the top-performing retailers in the mass merchant industry; Neiman Marcus in the department store category; Coach in apparel stores; and Amazon.com as the top-performing Internet merchant. The study recommended that retailers begin integrating supply chains across all channels in order for them to remain competitive.

“The bar continues to be raised for retailers to remain competitive today,” John A. White III, a managing officer in Adjoined’s Strategy Services – Products division, said in a statement. “Consumers expect all aspects of the retailer supply chain to work seamlessly with each other in order to deliver a single, united customer experience. The days of on-line vs. physical stores are behind us, and the champions will be those retailers that can integrate multiple shopping channels seamlessly and deliver the right products and services at the right price and time.”

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
FINANCE

NRF Reports February Sales Gains

BY CSA STAFF

Washington, D.C., The National Retail Federation (NRF) reported today that retail sales for February rose 4.4% over last year and increased 0.3% seasonally adjusted over January.

“February’s sales were especially robust given the strong competition from a year ago and the persistent dreary weather last month,” said NRF chief economist Rosalind Wells. “Consumers were motivated to spend on the Super Bowl and Valentine’s Day, and holiday gift cards are continuing to trickle in, which is improving some retailers’ first-quarter performance.”

Most retail categories experienced growth in February. Super Bowl spending spurred sales at electronics and appliance stores, whose sales rose 1.6% seasonally adjusted from January and 4.2% over a year ago. Sales in furniture and home-furnishings stores rose 0.7% from the prior month and 3.3% over last February. Apparel specialty stores saw gains of 1.1% from January and 2.9% over last year.

keyboard_arrow_downCOMMENTS

Leave a Reply

S.Gacho says:
Mar-28-2013 02:40 am

I hope the sales would remain
I hope the sales would remain high until the year ends. It is to recover the loss. Have a special promos to invite more customers. - Rich Von Alvensleben

S.Gacho says:
Mar-28-2013 02:40 am

I hope the sales would remain high until the year ends. It is to recover the loss. Have a special promos to invite more customers. - Rich Von Alvensleben

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
FINANCE

Brown Shoe To Acquire Bennett Footwear

BY CSA STAFF

St. Louis, Brown Shoe Co. will acquire Boston-based Bennett Footwear Group LLC for $205 million in a deal expected to close in May. Bennett brands, including Via Spiga, Franco Sarto and Etienne Aigner, are sold in major department stores and specialty shops. It also operates eight Via Spiga retail stores.

“Bennett Footwear Group is the perfect fit for Brown Shoe Group,” said Ron Fromm, chairman and CEO, Brown Shoe.

Brown’s senior management will join Brown Shoe and continue to head the Bennett brands.

keyboard_arrow_downCOMMENTS

Leave a Reply

S.Gacho says:
Mar-28-2013 02:35 am

It is good to acquire new
It is good to acquire new business for new resources. It means expanding the venture and means more sales can be gained. - Rich Von Alvensleben

S.Gacho says:
Mar-28-2013 02:35 am

It is good to acquire new business for new resources. It means expanding the venture and means more sales can be gained. - Rich Von Alvensleben

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...