Retail TouchPoints

APRIL 23, 2021

billion , will accelerate the companies’ shared autonomous supply chain mission, which aims to help companies utilize predictive business insights to pivot their operations in real time through the combined power of AI/ML and IoT and edge devices. The deal, which values Blue Yonder at $8.5

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Retail TouchPoints

JULY 2, 2020

Similarly, the likes of Walmart and Target provide flexible fulfillment options like “buy online, pick up in-store” (BOPIS) paired with convenient curbside pickup. However, many realize that their current fulfillment operations run too slowly to meet rising expectations. Getting Up To Speed With Creative Strategies. Think Small.

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eCommerce Fulfillment Order Fulfillment Shipping Costs 276

Retail TouchPoints

MAY 30, 2022

With that being said, however, the skyrocketing rates of online shopping came with its own set of challenges — particularly when uncovering the behind-the-scenes side effects on the supply chain. The recent crisis has revealed the fragmented nature and vulnerability of many supply chains. How are Returns Plaguing the Supply Chain?

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Retail TouchPoints

JUNE 7, 2021

Shoppers increasingly want the convenience of online shopping and anywhere fulfillment. A recent study from Adobe revealed that online spending grew by $183 billion in 2020 , highlighting the tremendous impact of the pandemic on shopping habits. . In the midst of these accelerated changes, few jobs have changed more than retail work.

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Retail TouchPoints

JULY 21, 2020

At the store level, the funds will go toward: Renovations to nearly one-third of its locations; Expansion of curbside pickup ; Piloting “micro fulfillment centers” within supercenters to speed up fulfillment of pickup and delivery orders ; and Deploying digitization, robotics and Internet of Things (IoT) technologies to make stores smarter.

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Retail TouchPoints

FEBRUARY 2, 2022

Witherspoon has extensive experience in high-growth industries, most recently with Shipt parent company Target as the retailer’s SVP of Operations. In that role he was responsible for operational planning and prioritization, partner operations, M&A integration and process improvement initiatives across supply chain, stores and properties.

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Retail TouchPoints

JUNE 2, 2021

Delivery volumes and expectations for rapid delivery have consistently grown for years, but 2020’s drastic increase in ecommerce demand could not have been predicted. In 2020, online spending represented 21.3% In 2020, online spending represented 21.3% In fact, in Q3 of 2020 alone, almost $1 in $5 spent was online.

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Retail TouchPoints

DECEMBER 16, 2020

The COVID pandemic caused significant disruption to 80% of supply chains around the world, with the result that nearly half ( 47% ) of supply chain operations will be overhauled, according to data from Kearney and the World Economic Forum. The stakes involved in crisis-proofing supply chains are high.

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Retail TouchPoints

MAY 26, 2022

It’s the question that’s on every retailer’s — and not a few consumers’ — minds: When will global supply chains flow freely once more? With supply chain challenges come the higher costs feeding inflation, which is itself a double-edged sword. How are the supply chain challenges we’ve been seeing contributing to rising prices?

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Supplies Shipping Costs Consumer Definition 261

Retail TouchPoints

AUGUST 18, 2020

The COVID-19 pandemic has brought about some of the most dramatic supply chain disruptions in living memory. alone, reports showed individual states resorting to bidding wars over scarce PPE and other essential medical supplies. In the U.S. Even before the pandemic, research showed that disruptive events are becoming more common.

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Supplies Automotive Operations Management 254

Retail TouchPoints

MARCH 3, 2021

Target will build off its 2020 momentum by investing $4 billion annually in new store openings, remodels for existing stores and supply chain upgrades over the next several years, the retailer announced during an earnings call. billion invested in operations during 2020.

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Supplies Improvements Fulfillment Operations 184

Retail TouchPoints

MAY 10, 2024

Amazon , which already has a significant physical presence in Ireland via the Dublin fulfillment center it opened in 2022, will now have a country-specific online presence on the Emerald Isle. The ecommerce giant will launch Amazon.ie billion over the last decade, according to the company.

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Fulfillment eCommerce Management Operations 192

Retail TouchPoints

MARCH 17, 2021

Holiday 2020 was unlike any other for ecommerce growth. This massive increase put significant strains on the supply chain as well as shipping and delivery. Here’s a look at three ways retailers can make effective changes for better logistics operations. Invest in the digital supply chain. from 2019, totaling $188.2

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Operations Drop Ship Beauty and Health Supplies 151

Retail TouchPoints

SEPTEMBER 14, 2020

Amazon plans to open 100 new operations facilities this month, encompassing fulfillment centers, delivery stations, sortation centers and other sites. Amazon, which has been one of the primary beneficiaries of the COVID-19 surge in e-Commerce sales, has been on a hiring spree throughout 2020. billion in tech hubs in six U.S.

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Retail TouchPoints

NOVEMBER 4, 2021

Despite having just officially begun, this holiday shopping season already is marked by supply chain disruption, persistent inflation and mixed consumer confidence. toy industry sales increased 11% in Q3 2021 from 2020, according to the NPD Group , driven by price increases, a continuation of pandemic lifestyles and fewer promotions.

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Shipping Costs Consumer Supplies Merchant Services 255

Retail TouchPoints

DECEMBER 15, 2023

Kroger has kicked off a multi-year agreement to have Gatik AI ’s autonomous box trucks transport products from the retailer’s Dallas customer fulfillment center to multiple retail locations in the area. and Louisiana since late 2020. The retailer also teamed up with Ford Motor Co.

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Retail TouchPoints

MAY 6, 2021

there’s Neiman Marcus, JCPenney, Lord & Taylor and 30 other big names that have filed for bankruptcy or ceased operations. Last-mile delivery occurs in the final phase of the supply and distribution chain, where the purchase reaches the end customer. Rearchitecting the Supply Chain. In the U.S., billion (U.S.) In the U.S.,

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Fulfillment Department Stores Supplies Financial Services 327

Retail TouchPoints

SEPTEMBER 3, 2021

Walmart first began testing a $12 minimum wage in 500 stores in early 2020. The news comes on the heels of an announcement that Walmart plans to permanently hire 20,000 additional warehouse and supply chain workers. The average wage for a Walmart supply chain associate is $20.37 and Secaucus, N.J. and Secaucus, N.J.

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Supplies Fulfillment eCommerce Operations 220

Retail TouchPoints

OCTOBER 27, 2021

Our 2021 Holiday Consumer Sentiment Survey reveals that 63% of shoppers are concerned about in-store shopping, a 36-point increase from the summer survey, and nearly the same as the 2020 holiday season when 65% said they were concerned.

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Consumer Supplies Fulfillment Technology 247

Retail TouchPoints

AUGUST 24, 2020

everyone saw its immediate impact on supermarket supply chains: shelves emptied by consumers frantically stockpiling toilet paper, cleaning products and shelf-stable staples like rice and canned beans. supply chain face due to COVID-19? multi-year investment to transform its supply chain into a fully integrated self-distribution model.

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Supplies Omnichannel Operations Travel 174

Retail TouchPoints

OCTOBER 24, 2023

Pandemic-driven buying trends led to an explosion of new challenges, from a surge in online returns to the rise of curbside pickup to supply chain delays. To succeed in the face of this latest set of macroeconomic challenges, leaders in the retail and CPG industries now need to step back and evaluate what’s next for their business operations.

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Retail TouchPoints

FEBRUARY 2, 2023

Siman Group , which operates 15 large department stores across Central America, has deployed an item-level RFID solution that has raised its inventory accuracy levels from the 65% to 70% range up to 95%. Here’s a video showing the solution in action.

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Department Stores Omnichannel Supplies Operations 217

Ecommerce Platforms

AUGUST 19, 2020

With it being such a weighty decision, choosing a fulfillment service often feels like a cumbersome process, especially if you’re juggling speed with expenses. Deliverr.com is a dynamic shipping and fulfillment startup based in San Francisco. Deliverr offers fast and reliable fulfillment. Deliverr's customer service.

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Merchant Services Fulfillment Shipping Costs Shipping 104

Retail TouchPoints

FEBRUARY 11, 2021

As the first step in a planned three-year, $250 million technology upgrade, Bed Bath & Beyond will deploy Oracle Cloud as its Enterprise Resource Planning (ERP) solution, providing the retailer with real-time financial, supply chain and merchandising solutions. Bed Bath & Beyond outlined its three-year growth plan in October 2020.

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Supplies Arts Fulfillment Technology 173

Retail TouchPoints

NOVEMBER 18, 2021

Americans spent more money online during the 2020 holiday season than previously, with revenues growing 32% year-over-year and exceeding $188.2 Furthermore, a global supply chain crisis and labor shortages are likely to limit the ability to keep stores stocked throughout the fall holiday shopping season and spur increased consumer demand.

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Shipping Costs Retail Omnichannel Supplies 223

lateshipment

OCTOBER 16, 2020

With the Coronavirus pandemic still looming large, Holiday Season 2020 will be similar to the months of March through October than when compared to last year’s holiday season. Holiday season 2020 from a consumer standpoint. Holiday season 2020 from a retailer’s standpoint. Supply-chain issues. Retail’s new normal.

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Shipping Costs eCommerce Social Media Shipping 211

ROI Revolution

APRIL 20, 2020

Published April 20, 2020. Coronavirus and Amazon have made up two of the biggest news stories for marketers in April 2020. Their fulfillment services have been crucial in the delivery of essential goods throughout the country. In the last month, Amazon hired over 100,000 workers in delivery and fulfillment positions.

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Shipping Costs Small Business Retail Fulfillment Mobile 135

Retail TouchPoints

SEPTEMBER 29, 2020

Retailers seeking guidance as they look ahead to an uncertain Q4 will find plenty of solid, practical advice in the 2020 Retail Strategy and Planning series of webinars, now available on-demand. Session topics ranged from ramping up touch-free in-store technologies to strengthening supply chains and getting the most out of marketplaces.

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SellBrite

AUGUST 31, 2021

For many ecommerce merchants, it’s difficult to independently handle order fulfillment. On top of operational challenges, fulfillment isn’t cheap. According to Statista, 53% of merchants revealed that their fulfillment costs had risen in 2020. What is Walmart Fulfillment Services? Eligibility.

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Merchant Services Fulfillment Shipping Costs Shipping 78

Retail TouchPoints

MARCH 2, 2021

The retailer is seeking to be “more responsive and flexible as we continue to refine our operating model going forward in response to the incredibly rapid change and how customers want to shop with us,” said CEO Corie Barry during an earnings call. in fiscal 2020, well above the 17% growth experienced in 2019.

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Fulfillment Supplies Operations Shipping 151

Retail TouchPoints

OCTOBER 14, 2020

2020 has been a year marked by a series of uncertainties. Many companies have seemingly been flying blind the past several months, attempting to weather the fallout from our COVID-19 new normal and pivot their operations in response to our anticipated next normal. decrease in offline sales in 2020 3.

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Fulfillment Supplies Omnichannel Operations 205

Retail TouchPoints

JULY 22, 2021

The combined companies will seek to combine Uber Freight’s network of digitally-enabled carriers with the Transplace shipper technology and operational solutions to create a scaled logistics platform that can serve both shippers and carriers of any size. The overall U.S.

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Retail TouchPoints

SEPTEMBER 29, 2022

Where the two sides do meet is with nearly all the senior retail executives agreeing that today’s consumer expects retailers to operate in a more sustainable way. But operating sustainably isn’t just about meeting consumer expectations — there are industry and business practices to fulfil too. A Starting Point.

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Retail TouchPoints

FEBRUARY 23, 2024

This transition creates opportunities for freight and logistics companies to enhance their operations and explore new avenues for growth. These investments improved communication and provided data-driven insights to streamline operations and help companies deliver rapid, cost-effective services. This is becoming more common among U.S.

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Shipping Costs Supplies Operations Presentation 180

Retail TouchPoints

SEPTEMBER 28, 2020

Seasonal hiring provides a window into retailers’ priorities, and 2020 demonstrates both the COVID-19-powered growth in ecommerce and the need to operate stores and supply chains safely. Ecommerce execution will lean more heavily on store-based fulfillment. Fulfillment Crunch Will Affect Delivery Cutoff Dates.

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Fulfillment Department Stores Shipping Costs eCommerce 297

Retail TouchPoints

NOVEMBER 4, 2022

Today’s retail supply chains have evolved into complex global webs of infrastructure, vehicles and people that move products from raw material to end consumer. And unlike the first and middle miles of the supply chain, each product on every delivery vehicle in the last mile has a unique destination.

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Shipping Costs Retail Supplies Fulfillment 247

Retail TouchPoints

NOVEMBER 23, 2020

Some of the key takeaways from the Q3 results include: Big box retailers such as Walmart and Target continued showcasing their omnichannel dominance with strong results, proving that their years of investment in leading-edge fulfillment strategies have paid off; Other retailers with strong omnichannel offerings in attractive categories, like Lowe’s.

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