News
Discover the latest news, trends, and updates on liquidations and retail and how these developments benefit merchandise wholesalers, bringing more opportunities and products to market.
Brands Adjust Ad Strategies Amid Post-Election Uncertainty
November 2, 2024 Credit: rawpixel.com / U.S. Department of Homeland Security (Source) With the U.S. presidential election scheduled for this Tuesday, brands and agencies are bracing for a potentially prolonged period of uncertainty. Some companies have stated they’ll reduce advertising altogether in the days immediately following the election. Others are closely monitoring ad rates and…
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Levi Strauss Partners with Maersk for Logistics and Fulfillment
The logistics company has launched a new omnichannel facility in Ohio to manage Levi’s wholesale, retail, and e-commerce distribution. Maersk Unveils Multichannel Fulfillment Center in Ohio To enhance its distribution and logistics network, Levi Strauss & Co. has teamed up with Maersk, which has recently opened a fulfillment center in Groveport, Ohio. According to an…
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Amazon slows down its fulfillment center investments. What’s next?
Increased demand has accelerated Amazon’s distribution expansion. Further investment will be necessary to accelerate delivery times and reduce costs. Over the last two years, Amazon expanded its real estate footprint across the U.S., building new fulfillment centers to handle surging demand. Now, that rapid expansion appears to be tapering off as the company focuses on…
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How the Circular Economy is Shaping Retail
The second-hand clothing sector, the largest resale segment, now represents at least $43 billion in the United States alone, according to the latest report from the resale platform ThredUp. The stigma associated with buying used items has been replaced by attributes more appealing to Gen Z, such as bargain-hunting, value, and sustainability. Growth in clothing resale…