News Articles

August 1, 2008

Retail Logistics: Open for Renovation

Retailers are deploying a number of survival strategies and tactics to cope with the U.S. economic downturn.

By Lisa Harrington
Inbound Logistics, August 2008

Higher fuel and food costs and a low consumer confidence index led shoppers to put away their wallets in June, plummeting retail sales by the sharpest amount in nearly two years, according to the U.S. Department of Commerce.

"Consumers are currently sitting on the sidelines, causing retailers to focus more intently on cost," notes Richard Jackson, executive vice president, Limited Logistics Services, Columbus, Ohio.

"Functional organizations that are responsible for transportation and distribution have to operate even more efficiently."

Retailers are deploying a number of survival strategies and tactics to cope with the U.S. economic downturn. Most of these efforts occur in the background, garnering little fanfare outside their own corporate environs.

But in the long run, they play a deciding role in retailers' ability to weather hard times.   Read more

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