Multichannel Retail
Top stories summarized by our editors
5/25/2018

Rent the Runway began as a high-touch, stylist-focused business that gave customers a chance to enjoy quality apparel without the hefty prices. New rental options and recent technology additions have allowed the couture company to meet customers' evolving needs without losing its reputation for one-on-one service. Read more in STORES.

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stores.org
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Rent the Runway
5/25/2018

Starbucks has introduced drinks topped or sweetened with cascara, which comes from coffee husks. Aida Batlle, an El Salvadorian coffee farmer, is selling cascara for $7 a pound, while the average price for coffee is around $1.20.

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Starbucks, El Salvadorian
5/25/2018

A study by the Minnesota Pollution Control Agency shows the weight of covered electronic devices being recycled fell by over 20% in 2017, possibly because of lighter products or fees charged by retailers.

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Resource Recycling
5/25/2018

The EU passed rules and targets for waste management this week, hoping to make reusing and recycling a priority over landfilling. The EU's new recycling targets for packaging waste are 65% by 2025 and 70% by 2030.

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S&P Global Platts
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EU
5/25/2018

To ensure your store is ready for summer, be sure to create a marketing plan, review staff schedules and prepare for upcoming community events, writes Rieva Lesonsky. "Many communities have annual summer festivals, street fairs, parades or other activities that can attract flocks of customers to your retail zone," she notes.

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Small Business Trends
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Rieva Lesonsky
5/25/2018

Many small businesses are seasonal, so Rhonda Abrams offers 10 tips to ensure your business survives during slow periods. Find counter-seasonal products to offer, keep your operating costs low and offer discounts to locals to increase off-season sales, she advises.

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USA Today
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Rhonda Abrams
5/25/2018

Manufacturers can run their software and operating systems to failure, but they should at least plan for it and understand the risks, says Alan Stanfill of Stone Technologies. IT should work closely with operations on upgrades and patches, he says.

5/25/2018

Millennial preferences in products are leading a transition to mass customization in manufacturing, which requires machines that adapt to the products or packages being made, says John Kowal of B&R. These adaptive machines allow each product to be independently controlled, he says, saving on inventory costs and streamlining supply chains.

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Smart Industry
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John Kowal
5/25/2018

Cyberattacks on industrial equipment could be mitigated through the use of low-tech strategies. Andy Bochman of the Idaho National Laboratory recommends using vibration systems to detect breaches or having a backup system that could take over if malware is detected.

5/25/2018

Manufacturers should stick to ordering from business-to-business companies if they want the best service and quality, Mike Roth writes. Business-to-consumer companies might be cheaper but financing, reliability and risk management are all concerns when using B2C firms.

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Mike Roth