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Will the Rapidly Shrinking Store Save Retail?

Supply Chain Brain

The apparel departments were smaller, and the store’s many cash registers had been consolidated into one sleek, white checkout counter that looked like it had been borrowed from the Apple store. Sears is not the only store cutting back on real estate. It was now just half its size.

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The State of Supply Chain Management: An Interview with CSCMP’s Rick Blasgen, Part II

BlueYonder

And what happens to the real estate? What does that mean for all of the real estate out there and the fact those locations are not going to be traditional “cash and carry” stores any longer? This is being rapidly pushed upstream in the supply chain to help with forecasting. We still need that information.

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Retail Apocalypse Predicted to Continue

Enterra Insights

There will be displaced low-income workers, shrinking local tax bases and investor losses on stocks, bonds and real estate. UBS store closure estimates for various sectors are: Apparel (21,000 closures), consumer electronics (10,000), and home furnishings (8,000). The spillover will likely flow far and wide across the U.S.

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Unified Retail Planning – Breaking Out of Retail’s Functional Silos

RELEX Solutions

Proportionally, apparel retailers typically have the largest cost of space (real estate and leases), while grocery retailers have the largest staff costs (store personnel), and specialty retailers fall somewhere in between. Store labor costs reduced by 12 % by taking advantage of forecasts created by the supply chain department.

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Can Supply Chains Adjust to a Circular Economy Over the Next Decade? Part 2

Enterra Insights

Mattos adds, “A critical supply chain challenge is how to reconfigure distribution channels, forecast methods and technology to generate value across business ecosystems. However, innovative manufacturing methods can provide opportunities for textile and apparel recycling too.” ”[3] It’s an important question.

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Resiliency; the Fine Art of Balancing E-commerce & Brick and Mortar Investments

BlueYonder

This past week, Forever 21, a fast-fashion apparel retailer with over 700 stores and 30,000 employees worldwide announced filing for Chapter 11. According to an article in Forbes, over 20% of apparel purchases last year were made online, while other industries such as grocery remained around 2%. E-commerce is on the rise.

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Resiliency; the Fine Art of Balancing E-commerce & Brick and Mortar Investments

BlueYonder

This past week, Forever 21, a fast-fashion apparel retailer with over 700 stores and 30,000 employees worldwide announced filing for Chapter 11. According to an article in Forbes, over 20% of apparel purchases last year were made online, while other industries such as grocery remained around 2%. E-commerce is on the rise.