Retail

The monthly economic roundup summarizes key results in the economy over the past month and highlights trends worth watching

The retail giant’s U.S. same-store sales were up 3.4 percent, its highest first-quarter results in nine years and fourth consecutive quarter over 3 percent.

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The Economic Roundup is designed to synthesize the events of the past month as they relate to freight markets, and provide a guide on trends to keep an eye on in the upcoming month.

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Your weekly snapshot of how the markets are doing.

Retail sales rebounded in March, rising by the largest amount in over a year. Growth was brod-based during the month, with most areas in the sector seeing rising sales.

Walmart has introduced Voice Order, that allows people to add items to their Walmart online cart by giving voice commands through any Google Assistant enabled device.

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In partnership with Slync… Markdowns cost retailers $300 billion a year, and inventory mismanagement is largely to blame.

Onfleet won the first annual RTech supply chain innovation award for its online dashboard application. The application’s software assists businesses to manage in-house deliveries, as well as managing outsourced last-mile deliveries.

DHL showcased its Resilience360 platform at the 2019 LINK Conference in Orlando

Redwood Logistics spoke on the importance of technology in the retail supply chain at the 2019 LINK supply chain conference in Orlando.

Convey showcased its self-service delivery appointment scheduling platform at the 2019 LINK supply chain conference in Orlando.

The 2019 LINK supply chain conference opened its exposition today with a keynote address delivered by Richard Johnson, chairman, president and chief executive officer at Foot Locker Retail Inc. (NYSE: FL).

The 2019 Retail Supply Chain Conference – also known as LINK – begins today at the Gaylord Palms Resort and Convention Center in Orlando, Florida. The conference will serve as a networking and learning event for top executives in retail supply chain institutions.

Unpredictable demand, expectations of a high service level, and labor scarcity are the most significant challenges that face logistics today, and it is crucial for warehouses to face up to it by having the right mix of automation and human resources on its floor.

January used to be known as the worst month for freight, but consumer trends are starting to change that.

Technology Crossover Ventures (TCV) has made a $200 million minority investment in Finland-based RELEX Solutions (RELEX), a leading provider of retail planning solutions – including supply chains – according to a RELEX press release.

Supply chain investments are helping retailers meet the inventory challenges of a growing market, the National Retail Federation (NRF) reported today in its 2019 retail sales forecast.