jerryking + levi_strauss   2

Levi’s Wants Lasers, Not People, to Rip Your Jeans - WSJ
By Suzanne Kapner | Photographs by Christie Hemm Klok for The Wall Street Journal
Feb. 27, 2018
blue_jeans  Levi_Strauss  supply_chains  apparel  automation  accelerated_lifecycles 
february 2018 by jerryking
Inside the Decline of Sears, the Amazon of the 20th Century - WSJ
By Suzanne Kapner
Oct. 31, 2017 1:48 p.m. ET
186 COMMENTS
Shoppers hunting for this holiday season’s hot toy, the L.O.L. Surprise, may have trouble finding it at Sears or Kmart stores. Worried about the financial health of the retail chains, the company that makes the toy, a ball that children unwrap to reveal small dolls, has reduced shipments to Sears Holdings Corp. SHLD -5.75%

“We cut their credit line and shortened payment terms,” said Isaac Larian, chief executive of toy maker MGA Entertainment Inc. “If they pay one day late, we will cut them off.”

Sears once dominated American retailing and helped build famous brands, including Whirlpool appliances, Craftsman tools, Schwinn bicycles and Allstate insurance. Now, bleeding cash and losing shoppers, the 124-year-old company is scrambling to keep suppliers—the lifeblood of any retail chain—from bolting.

To guarantee shipments from LG Electronics Inc. and Samsung Electronics Co. , Sears is paying them cash up front for some goods, said people familiar with the matter. Levi Strauss & Co. has stopped supplying women’s jeans to the chain, said another person. At Clorox Co. , “We have certainly adjusted our payment terms,” said CEO Benno Dorer.

A monthslong feud between Sears and Whirlpool Corp. burst into the open last week when the sides couldn’t agree on terms to keep their century-old partnership going. Earlier in 2017, Sears sued two longtime manufacturers of its Craftsman tools to keep them shipping merchandise to stores.
retailers  Sears  Kmart  brands  decline  payment_terms  Whirlpool  Levi_Strauss  Allstate  Schwinn  Craftsman  supply_chains 
november 2017 by jerryking

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