Inventory Distortion and Out-of-Stocks

Any retailer will tell you that keeping adequate in-store merchandise is a requirement for customer satisfaction. A recent study from IHL Group found that overstocks, out-of-stocks and needless returns cost retailers $1.75 trillion globally in lost revenue in 2015. Out-of-stocks alone are responsible for 4.1 percent of lost revenue for the average retailer, a significant […]

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Posted on November 21st, 2016

The Magic of Macy’s: A Retail Case Study

Macy’s Herald Square Flagship Store, New York, NY

Leveraging RFID for “Pick to the Last Unit” Omni-Channel Fulfillment   Download as PDF As a multi-faceted retailer with a smart combination of stores, online presence, technology, and business capabilities, Macy’s is committed to helping its customers shop anywhere, anytime, and anyhow they choose. Macy’s delivers fashion and affordable luxury to customers at nearly 800 […]

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Posted on October 28th, 2016