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Amazon Appoints Insider as CEO of Worldwide Stores

Retail TouchPoints

Herrington joined Amazon as VP of Consumables in 2005, launched Amazon Fresh in 2007 and was promoted to SVP of Consumables in 2014. Amazon has named 17-year company veteran Doug Herrington to the renamed role of CEO of Worldwide Amazon Stores, filling the position left vacant by former CEO of the Worldwide Consumer Dave Clark.

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How Brands Large and Small are Leaning into the Amazon Effect to Compete

Retail TouchPoints

A business model that was only possible with their unparalleled investment in the systems and shipping, fulfillment and supply chain infrastructure to support it. Since Amazon Prime’s inception 15 years ago, Amazon has only increased the annual membership cost three times — rising from $79 per year in 2005 to $119 in 2018.

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How Brands Can Deliver Sustainable Instant Commerce for Consumers

Retail TouchPoints

Consumers’ expectations of quick delivery have been building since Amazon launched its two-day delivery promise with Prime membership way back in 2005. A study by Accenture finds that “the last-mile supply chain made possible by local fulfillment centers could lower last-mile emissions between 17% and 26% through 2025.”

Consumer 289
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Rajesh Grover on transforming Kanmo Group into an omnichannel machine

Inside Retail

Founded in 2005, the group has successfully built a conglomerate that speaks to the heart of Indonesian consumers. Since the majority of customers today prefer quick deliveries, retailers are upgrading to automate all aspects of the supply chain including order fulfilment, inventory tracking, and last-mile delivery,” he added.

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How Vintage Wine Estates is Uncorking New Opportunities in Alcohol Ecommerce

Retail TouchPoints

Tech Advancements Help Alcohol Ecommerce Expand Alcohol ecommerce didn’t really pick up steam until 2005, when the Supreme Court struck down laws in New York and Michigan that banned vineyards from selling across state lines. It’s the norm for Coke; it’s the norm for Yoplait — it’s not the norm for us.”

Fashion 278
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Customers are Tired of Empty Shelves, and it’s Time for a Fix

Retail TouchPoints

If your availability monitoring tool builds an accurate picture in-store — where most online grocery orders are picked from — you will improve online fulfillment. Paul Boyle has served as the CEO of Retail Insight since 2011; he was previously the company’s COO since its founding in 2005.

Checkout 263
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Store Management Costs in the Era of Ecommerce

Retail TouchPoints

The impact of this increasing growth is the resulting strain on incumbent infrastructure that was originally designed to manage only about 5% of a retailer’s total sales capacity; the steady rise in costs from stretching this capacity have shown home delivery, buy online, pick up in-store (BOPIS) and curbside fulfilment to be highly unprofitable.