Supply Chain
Amazon.com will end its U.S. food delivery service, Amazon Restaurants, at the end of June, reports Business Insider. Amazon Restaurants launched in Seattle in 2015, and expanded to over 20 markets globally, yet failed to become a top player in the American food delivery space. The service was available only to Amazon Prime members andโฆ
U.S. retail sales soared 1.6 percent in March, posting the largest gain in a year-and-a-half and outpacing economistsโ expectations. While growing sales numbers are undoubtedly good news for retailers, consumer expectations around the delivery process are also surging, making it more difficult than ever for retailers to meet customersโ demands. This might not be welcome newsโฆ
Over the last several years, the retail industry has experienced significant changes. The most noticeable change is the Amazon Effect, or the ongoing evolution of the retail market due to Amazon.com's industry dominance. Simultaneously, changing consumer dynamics, including omnichannel expectations and urban population shifts, have forced retailers to rethink their product marketing strategies. While it seemsโฆ
The global cannabis market could be worth $32 billion by 2022, and consequently presents huge opportunities for retailers. While the transition from prohibition presents huge opportunities, it also presents huge challenges. BDS Analytics commented that 2018 was a year of "constantly diminishing forecasts," as retailers struggled to compete against the black market in a heavilyโฆ
For U.S. retailers and brands looking to expand globally and grow their revenue, Europe is very attractive. The e-commerce market is worth over $602 billion, with Western Europe accounting for approximately 68 percent of total European online retail turnover. Europe offers cross-border retailers access to over 500 million consumers and, unlike the U.S., is notโฆ
Whether itโs unpredictable weather, a natural disaster, sudden adjustments to trade policy, product malfunctions or unanticipated sales spikes, disruptions to businesses come in all shapes and sizes. With available technology, logistics expertise and supply chain data, one might think that the logistics industry has significantly reduced the number and frequency of possible supply chain disruptions.โฆ
Retailers are investing in impressive new technologies to enhance the customer experience. Nikeโs flagship store in New York, House of Innovation, provides an innovative shopping experience in which shoppers can create customized products by making personal selections from a variety of different laces, fabrics and decals. When the customer has made their choices, they canโฆ
Have you ever thought about where the flowers you purchased came from? This is one of the many questions that John Tabis, co-founder and CEO of The Bouqs Co., works every day to answer through his innovative online floral company. Bouqs is a direct-to-consumer brand that sells flowers from eco-friendly, sustainable farms, and sources stemsโฆ
I attended the 2019 Home Delivery World conference in Philadelphia last week. Over the course of two days, the retail logistics conference featured speakers from brands such as QVC, Giant, and Etsy, presenting on topics ranging from grocery and e-commerce, to parcel and heavy goods, to last-mile delivery and returns. A session in the Dataโฆ
Supply chain technology is entering a renaissance as retailers look to digital tools to transform nearly every aspect of operations. Nearly three-quarters of retailers report plans to digitize their supply chains as they seek to improve real-time visibility and responsiveness in an increasingly challenging environment. With pressure mounting on all sides, a well-run supply chainโฆ