5 Reasons Ascena Retail Group Will Survive

| September 23, 2019

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Ascena Retail Group (ASNA) is a women's apparel specialty retailer. It operates several well-known brands including Ann Taylor, LOFT, Catherines, Lane Bryant, and Justice. The company has experienced major struggles in recent years due to weak top- and bottom-line performance which have been caused by the same headwinds that have negatively impacted Macy's (M), J.C. Penney (JCP), and other major retailers. Shares have been on a downtrend for several years now and are now trading at $0.30 on fears that the company will have to declare bankruptcy. The New York Post reported in late August that Ascena's management has been failing to return lenders' calls, fueling rumors that the company is preparing to file for Ch. 11 bankruptcy.

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OTHER ARTICLES

Retail's secret weapon: Order fulfillment optimization

Article | February 12, 2020

The start of a new year is the perfect time to reflect on the past and prepare for the future. While holiday 2019 was another record year for retail sales, brands faced some serious challenges when it came to a shortened shopping window and the ever-growing consumer expectations around timely, accurate, and convenient deliveries (and returns). Some may believe these woes to be behind us now that the holidays are over, but the potential for spikes in product demands remains throughout 2020 leading into next year's holiday season. And if history has shown us anything, it's that now is the time for retailers to implement the right processes and technologies that ensure seamless and positive customer experiences, or risk ongoing negative impacts to the bottom line.

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How Retail Security Can Welcome IoT Innovations Without Putting Customers at Risk

Article | March 11, 2020

Retail businesses, from mom-and-pop shops to major department stores, are investing heavily in technology to enhance the in-store experience. With the imminent arrival of mainstream 5G, smarter systems are expected to dominate the retail space as the internet of things (IoT) expands. But as we know from connected device deployments in other sectors, such as financial services and healthcare, the IoT is fraught with security vulnerabilities. For retail security, the risks of deploying IoT devices are no less dire. As organizations rely more on the IoT to enable internet connection at every stage of the retail process, protecting IoT infrastructure is critical. Getting on board with the right mindset can go a long way toward achieving a win-win for retail security.

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WFH? Here’s how to manage your ecommerce order deliveries successfully

Article | April 6, 2020

The outbreak of the novel coronavirus has turned the whole world upside down. No one is sure about anything anymore. And that scares us. Luckily, the culture of remote working has been catching on. There are a gazillion tools that help you get rid of the snags of WFH. Regardless, managing your team as an ecommerce business owner remotely is no joke. Especially during a time when you cannot afford to lose business or customers. Here’s a cheat sheet to stay on top of your orders in the age of social distancing. Real-time shipment monitoring: The good news is that there is a greater push for shopping online. More and more customers are seeking comfort in the ease of ordering products online. In the US, there has been a surge in the ecommerce order volume for health and beauty products. The real challenge is staying on top of order fulfillment. You need a unified portal that tracks and monitors your packages in real-time.

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3 Ways Automated Supply Distribution Can Transform Retail

Article | March 2, 2020

Over the past few years, the retail space has seen a rapid expansion of technological advancement as consumers and employers alike have begun to embrace the latest tools and trends. In fact, nearly three-quarters of retailers are planning to increase technology spending in the next 12 months, according to Total Retail’s 2019 Retail Technology Report. Among the myriad of emerging technology in the retail space, one advancement automated supply distribution is likely to experience strong adoption over the coming year. Automated supply distribution.

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Spotlight

EuraTechnologies

EuraTechnologies, France's leading incubator and accelerator, is a center of excellence and innovation located in Lille on 80,000 m². EuraTechnologies supports the development of all digital entrepreneurs through a unique methodology and know-how in supporting businesses, from their start to their international deployment.

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