Tag: Holiday sales

For 2020 holiday sales, plan ahead: Inventory and Supply Chain Management

For 2020 holiday sales, plan ahead: Inventory and Supply Chain Management This year’s holiday sales offer online merchants both new opportunities and new challenges. One, eCommerce is growing rapidly with many shoppers opting to shop online. Cyber Weekend 2020 sales projections hit $51.1 million, nearly double 2019. The entire supply chain was disrupted in this year’s event. The […]

Pier 1 to Close Half of its Stores, Bankruptcy Rumors Persist

Pier 1 Imports announced yesterday that it will close up 450 locations. This is almost half of its 942 stores. It made this announcement after it unexpectedly reported quarterly earnings amid bankruptcy rumors. Pier 1 has been losing more than its sales have been declining. This latest quarter was no different. The third quarter loss was larger than a […]