Adapting to Retail's Changing Landscape: Your Invitation to SourceDirect at ASD Market Week!

In the constantly shifting landscape of retail, adaptability isn't just a choice but an essential requirement. As economic conditions change, so do the sourcing strategies of retailers.

The advent of e-commerce and the complexities of global trade have made the industry's atmosphere more dynamic than ever before. Notably, major retail players like Big Lots and Walmart are strategically redefining their sourcing approaches to meet the demands of this evolving market.

Big Lots recently announced the establishment of two new buying offices in Asia, highlighting the critical role of global sourcing in their business framework. CEO Bruce Thorn stressed the significance of this move, underlining the company's dedication to offering customers "freshness and a wider range of products at exceptional prices." (Click Here for Article)

Likewise, Walmart is reaffirming its commitment to sourcing products domestically, with a $350 billion investment slated for products manufactured, grown, or assembled in the United States over the next decade. This commitment reflects in the substantial percentage of merchandise sourced domestically by Walmart U.S. and Walmart Mexico. (Click Here for Article)

These developments underscore retailers' intensified efforts to secure dependable sourcing avenues.

This brings us to SourceDirect at ASD Market Week.

At SourceDirect, our mission is clear: to facilitate connections between buyers and sellers of all scales, matching them with exhibitors at the event to fulfill their strategic objectives. Our SourceDirect team understands that by fostering these connections, we not only help businesses flourish but also ensure consumer satisfaction with their preferred products.

We are committed to providing International Pavilions filled with suppliers who feature a variety of product (gift, home, toy, beauty, fashion, general merchandise and privatel label, and more) with a focus on competitive pricing, empowering businesses with lucrative opportunities that increase their profitability and simplify their sourcing endeavors. However, beyond the transactions, we value the relationships formed and partnerships forged at our events.

For companies seeking smaller Minimum Order Quantities (MOQs), Sourcetique at SourceDirect offers an innovative platform featuring global suppliers with minimal requirements. This ensures that retailers, irrespective of their size, can access products from around the world, diversifying their offerings and accessing new markets.

On behalf of our Sales and Attendee team, we invite you to join us at SourceDirect this August 4th - 7th, held during ASD MARKET WEEK at the Las Vegas Convention Center!

If you have questions or need further details on Hosted Buying Programs, Matchmaking, Tours, and more, feel free to connect with me at [email protected].

For a video of our previous event, CLICK HERE