As the sugar high from Halloween subsides, retailers are shifting their focus to the next holiday spending rush this season: Black Friday. The dangerous combination of pumpkin-spiced lattes, a strong economy, and product deals and discounts will fuel consumers into the eagerly awaited shopping period for retail.
The outlook on holiday spending this year is optimistic. Retailers are getting holiday ready and pulling out all the stops, such as Target and Walmart's free two-day holiday shipping rollout and Wayfair's holiday pop-ups.
However, the difficulties in achieving success during the holidays always fall back on how effectively a retailer can manage their inventory. Are you providing the right product, in the right amount, at the right time and place? Here are some of the biggest inventory management challenges retailers must overcome this holiday season:Read More