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Amazon is set to take off in Australia this year, get ready

Inside Retail

Amazon, the $2 trillion gorilla, arrived on our shores officially in December 2017, just in time for Christmas. Among Amazon shoppers in the UK, 70 per cent now shop there at least once a month, while 17 per cent use the online marketplace weekly. Amazon announced it posted over $3.1 billion in 2022.

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DTC Activewear Brand Vuori Valued at $4B After Latest Funding

Retail TouchPoints

Vuori has received a $400 million investment from SoftBank Vision Fund 2 that values the activewear brand at $4 billion just six years after its debut. The company has been profitable since 2017. The company plans to add more than 100 additional stores in the U.S.

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Why Stitch Fix is Focusing on its Human Stylists When Everyone Else is Talking About AI

Retail TouchPoints

If you’ve never had someone dress you, you may not realize what an intimate thing it is, said Sarah Funderburk,VP of Styling and Client Support at Stitch Fix in an interview with Retail TouchPoints. Were always looking at how we can actually achieve this balance, and not overswing in any one direction. explained Funderburk.

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Co-founder Sébastien Kopp on Veja’s secret to transparency and sustainability

Inside Retail

Trying to find suppliers at every level of the production chain, choosing the most ecologically and socially oriented. We buy the PET directly from them at 3.5 Veja has always used ships for transport, avoiding airplanes since 2005. In 2017, we launched a huge study of our CO 2 emissions worldwide. times the market price.

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Walmart Rolls Out Geek Squad-Style Tech Support Service Nationally

Retail TouchPoints

Walmart is taking a swipe at Best Buy with the rollout of its new Tech Services offering, which includes 24/7 remote support, device repair and setup services, both in stores and in homes. Walmart originally began testing the program in select stores by offering both consumer electronics and technology services to its customers.

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Walmart Automates More Than Half of its Regional Distribution Centers, Enhancing Associate Efficiency

Retail TouchPoints

The new capabilities will help the retail giant speed up intake, boost accuracy and change how it handles freight at the upgraded facilities. Currently, Walmart stores its inventory until needed, at which point the items are manually packed onto a 53-foot trailer and shipped to the store that needs them. in a statement.

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Whole Foods Adds $10 Fee to Amazon Prime Members’ Deliveries

Retail TouchPoints

Amazon acquired Whole Foods in 2017 and introduced a free two-hour delivery option in 2018 as it steadily expanded the grocer’s delivery footprint. It’s no surprise that Amazon is boosting its own last mile investments in order to remain at the cutting edge of delivery. Manchester, N.H.; and the Detroit, Boston and Chicago metro areas.

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