Increasing gas prices, declining house market and rise on the price of basic food items have led consumers to reduce their spending in more discretionary items like apparel, furniture and travel. Many apparel retailers have reported huge declines in same stores sales – Limited -5%, Gap -6% and Chico’s -15%.
In the face of such [...]
Archive for June, 2008
Apparel Retailers: how to deal with declining consumer spending
Posted in Apparel, Operations, tagged Apparel, consumer spending, Gap, Talbots on June 13, 2008 | Leave a Comment »
Study: challenges facing multi channel / brand retailers
Posted in Operations, tagged brand, inventory, multi channel, order management on June 3, 2008 | Leave a Comment »
Finding ways to better integrate brands and multi channels is an opportunity for retailers to create efficiencies for the business and, consequently, improve profitability.
As described in the previous post (Gap integrating all its brands under a single web site), the successful integration of brands and channels can not only improve efficiencies but also increase [...]
