Reverse logistics firm Returnly is offering a Green Returns option for certain retailers that allows customers to get refunds without requiring product returns. "It just makes good business sense to reward our best customers instead of moving forward with a return that cannot be resold," said Thinx executive Brendan Hastings.
Target is negotiating to acquire Triad Retail Media, a company that sells advertising space on e-commerce sites and other digital channels, sources said. Target's digital ad business has become a growing source of revenue as more consumer brands invest in online ads, the company said earlier this month.
Unsun Cosmetics is furthering its diversity mission with the launch of a diffusion line with SPF protection called Unsun Everyday at more than 180 Target stores and online. Unilever-owned SheaMoisture has also launched its first SPF 35 body product.
The purchasing managers index for US manufacturing this month is at its lowest level since 2009, although still expanding at 50.6, IHS Markit says. New orders shrank for the first time in nearly a decade.
Manufacturing incubators can offer contacts and support, help manage risk while encouraging innovation, and reduce costs, writes Katherine Began of Polycase. Incubators can also potentially provide equipment that manufacturers otherwise wouldn't access.
Warehousing and distribution centers are looking for older workers to fill labor gaps, and technology is helping them bear the physical burden more safely. Loading docks are a key part of this development, writes Rite-Hite Product Manager Chad Dillavou.
Attracting and holding on to qualified workers is the top concern for Minnesota manufacturers surveyed by Enterprise Minnesota, outranking worries about the cost of providing insurance and paying for energy and materials. One possible solution is working closely with state schools to develop skills in youth, said Erik Hokuf of AirCorps Aviation.
Target's efforts to boost digital sales paid off with a 42% increase in the first quarter, fueled by in-store order fulfillment and Shipt same-day delivery. The retailer expects its digital sales to grow from $5 billion in 2018 to $6 billion this year.