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Walmart Debuts Second In-Store Fulfillment Center in Bentonville

Retail TouchPoints

Walmart has opened an in-store Market Fulfillment Center (MFC) at Store 100 in its home town of Bentonville, Ark. Like the retailer’s first MFC , which opened in 2019 in Salem, N.H., This new order fulfillment system is truly game-changing,” said Ryan Simpson, Store Manager at Store 100 in a statement.

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Target Names New COO, Divvies Up Merchandising Responsibilities

Retail TouchPoints

Target has tapped Michael Fiddelke, who has served as the retailer’s CFO since November 2019, to add the COO role to his responsibilities. He will wear both hats until Target names a new finance chief. Current COO John Mulligan announced his retirement plans in October 2023.

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GameStop Will Close Up To 450 Stores In Fiscal 2020

Retail TouchPoints

Comparable store sales declined 12.7% , even with an 800%. GameStop attributed the losses to a 13% reduction in total store operating days due to COVID-19 shutdowns, as well as a 10% reduction in its store base as part of the de-densification strategy. For the three months ended Aug. rise in global e-Commerce sales.

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The Need for Delivery Speed Drives Holiday Hiring

Retail TouchPoints

Ecommerce execution will lean more heavily on store-based fulfillment. Holiday hires will help retailers leverage their store-based omnichannel fulfillment capacity through buy online, pick up in-store (BOPIS), curbside pickup, home delivery and ship-from-store services. UPS plans to bring on 100,000.

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CVS Pilots Autonomous Prescription Delivery In Houston Market

Retail TouchPoints

Beginning this month, Nuro will use its fleet of vehicles to fulfill prescription and essentials orders placed through CVS. Th program will initially serve three zip codes near the CVS store in Bellaire, Texas, with no additional delivery fee. Nuro also works with Fry Food Stores for a delivery service in Scottsdale, Ariz.

Marketing 149
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Tuesday Morning Receives $32 Million Lifeline from Retail Ecommerce Ventures and Ayon Capital

Retail TouchPoints

The deal will give Tuesday Morning access to REV’s fulfillment network, infrastructure, systems and technology and ecommerce capabilities. The funding, along with $3 million in convertible debt financing from certain Tuesday Morning leaders including CEO Fred Hand, will help the troubled retailer implement an omnichannel turnaround plan.

Finance 242
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Q2 Results: Target Boosts Online Sales 195%, Walmart’s Grow 97%

Retail TouchPoints

Store comp sales increased 10.9%, but the most impressive growth was in digital comp sales, which grew 195%. However, Target’s brick-and-mortar stores proved to be essential elements in the retailer’s overall growth, fulfilling more than 90%. of the retailer’s Q2 sales. Walmart U.S. boosted its comp sales to $93.3