SCD: Gap Inc lightens inventory load after a year of painful discounting
SUPPLY CHAIN DIVE reports: Dive Brief: – Gap ended 2022 with inventory down 21% YoY to $2.4 billion, which executives ...
SUPPLY CHAIN DIVE reports:
– Target announced a $100-million investment Wednesday to expand next-day delivery capabilities through the addition of more than six new sorting centers.
– The retailer plans to grow its sortation network from nine to more than 15 facilities by the end of 2026. The company said the centers will expand next-day coverage “across major U.S. markets,” though didn’t specify locations.
– Target expects to deliver roughly 50 million packages from its sortation centers in 2023, twice the amount of last ...
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