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USPS Invests in EV as Part of 10-Year Modernization Plan

Retail TouchPoints

The USPS also plans to procure 21,000 commercial-off-the-shelf (COTS) battery-powered and domestically manufactured delivery vehicles, including 9,250 from the Ford Motor Company, depending on market availability and operational feasibility. This represents one of the largest commitments to vehicle electrification in the nation.

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Clean Data, Clean Planet: How Online Retailers can use Data Analytics to Reduce Their Carbon Footprint

Retail TouchPoints

Operational efficiency in ecommerce has never been more important. The acceleration of the digital economy has led to technological innovation in many aspects of retail operations. Here are some of the ways retailers can reduce their carbon footprint using new tooling and data analytics: Improving Freight’s Environmental Capabilities.

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Amazon Receives FAA Approval For Drone-Based Package Delivery

Retail TouchPoints

The Local Initiatives Support Corporation (LISC) rolled out the Black Economic Development Fund earlier in the summer and is encouraging companies to make investments designed to improve economic opportunity for Black Americans. trillion by 2028, according to data from McKinsey. economy as much as $1.5

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The Impact of Live Commerce on Shopping

Smile.io

billion by 2028.   The global live ecommerce market is estimated to reach $2 billion by 2028 While live commerce was undoubtedly growing anyway, it was the pandemic that led to accelerated growth. Many larger businesses are looking to open regional fulfillment warehouses. billion in 2022 and is forecasted to reach $2,880.3

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The Future Of Retail: Leveraging Transaction Monitoring In 2024 And Beyond

RetailMinded

The very first step organizations need to follow to understand the data they gather from their customer analysis is to answer the following questions: Knowing if your data is high-quality– this helps in giving you additional insights What do you need to improve your data quality and intelligence? Billion by 2028.

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2023 Ecommerce Fulfillment Statistics: What the Data Tells Us

Ecommerce Platforms

Today’s top ecommerce Fulfilment statistics provide us with some useful insights into the current state of the online shopping landscape. In a world of instant gratification, same-day delivery, and evolving consumer expectations, ecommerce retailers can’t afford to underestimate the power of rapid Fulfilment.

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AI Statistics: The Top AI Stats You Should Know in 2023 (With Infographic)

Ecommerce Platforms

IBM ) 41% of consumers believe AI will improve their lives It’s not just business leaders and innovators who believe in the power of artificial intelligence. billion in 2028 According to a study from ReportLinker, the retail industry presents an excellent opportunity for artificial intelligence development. billion by 2028.