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Walmart Debuts Second In-Store Fulfillment Center in Bentonville

Retail TouchPoints

MFCs will significantly increase the number of orders a store can fulfill in a day, according to a Walmart blog post , providing faster fulfillment with less substitutions and freeing up associates to help in-store customers.

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Utilizing the External Data Boom for Digital Shelf Optimization

Retail TouchPoints

trillion in sales by 2026. Many companies can track their own digital shelf data, allowing them to align products across platforms, perform A/B testing and improve inventory management. However, this isn’t enough even if the company is operating in a local market only. What is Digital Shelf Optimization?

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Internal Warehouse vs. 3PL: How to Reach the Best Decision for Your Business

Retail TouchPoints

Keeping your warehouse operations in-house or outsourcing them to a third-party logistics (3PL) company? The company must have a warehouse to keep its inventory, and a logistics team to manage the goods for storing, ordering and shipping directly to stores/distributors or customers. Are you ready to outsource your operations?

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Secrets to Successful Alcohol Delivery: How to Minimize Risk and Protect Your Business

Retail TouchPoints

Across 16 markets, sales are predicted to grow by more than a third to reach nearly $40 billion by 2026, according to IWSR Drinks Market Analysis. With its years of operational experience in alcohol delivery, wine stands to be an example for other categories growing their online business.

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Gartner 2023 Predicts: Brands Must Focus On Composability, AI, and Building Consumer Trust

GetElastic

Here’s what Gartner predicts: “By 2026, the speed of digital innovation will improve by 60%, relative to 2022, for organizations that have established mechanisms to reuse composable digital commerce modules.” “By While more complex tasks, like speaking with customers on a personal level and contract negotiations would be left to the sellers.

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How Data and Tech Power Jewelry Brand Pandora’s Mission to ‘Give a Voice to People’s Loves’

Retail TouchPoints

To do that will take a years-long effort, already underway, to break down data silos and transform the company’s global operations. “As Now we have a lot more owned-and-operated stores, and when you build a system to target mostly wholesale, that’s a whole different level of transactions than if you have your own stores.

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Want to Cut the Cost of Fast Fulfillment? It All Starts with Inventory Placement

Retail TouchPoints

“When you’re talking about same-day or next-day delivery and the last mile, it’s not only the labor and equipment needed to move it; it’s also inventory positioning,” said Matt Katz, Managing Partner at SSA & Co. in an interview with Retail TouchPoints. Unemployment is at 3.5%