USA: Retailers Holding Back On Software Purchases
The retail sector is showing signs of a slowdown in spending on management software technology, with a number of suppliers issuing lower-than-expected earnings due to the US economic slowdown and their inability to close big customer deals. One of the market leaders, Reteck, yesterday lowered its third-quarter and full-year outlooks saying it was disappointed with its volume of new business - including six large deals which failed to close, denying the firm about $30 million in revenue.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
- Will new Vietnam wage hinder competitiveness?
- Digitisation to drive new apparel-making models
- Under Armour Lighthouse will disrupt production
- Fashion fit for the future – strategies for speed
- How TAL Apparel is staying ahead of the game
- Marks & Spencer top for modern slavery reporting
- MAS Holdings shares commitment to sustainability
- Gap to shutter all UK Banana Republic stores
- M&S "unappealing" clothing a barrier to growth
- Bangladesh garment workers rally for higher wages
- Africa-Med strategic sourcing review – comparing East Africa, North Africa and Turkey
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Apparel (GLOBAL) - Industry Report
- Global Sports and Fitness Wear Market 2016-2020