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Best Buy Pilot Shrinks Sales Floors in Favor of Fulfillment

Retail TouchPoints

Best Buy is doubling down on its commitment to ecommerce with a new four-store pilot that will reduce the shoppable area so that these stores can better operate as fulfillment hubs. The shift will give these stores more space for staging in-store pickup and additional support for ship-from-store transactions.

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Amazon Pours $1.4 Billion Into Tech Hubs, Expands Phoenix Fulfillment Operations

Retail TouchPoints

Amazon plans to invest $1.4 In Manhattan, where Amazon has acquired the Fifth Avenue building that previously housed Lord & Taylor , the company plans to accommodate approximately 2,000 workers in 630,000 square feet of new office space. 11 Fulfillment And Delivery Centers To Open In Metro Phoenix.

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Holiday 2020: With $189 Billion in Online Sales on the Line, Transparency and Social Outreach are Essential

Retail TouchPoints

While this figure is down $50 from 2019, given 2020’s overall uncertainty, such a slight decline would represent a significant victory. The pandemic’s impact on shopping habits isn’t abating: 66% of respondents will prefer home delivery over other fulfillment methods, according to a survey by Oracle.

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UPDATE: Target Adds Paid Loyalty Program, Plans 300 New Stores Over Next 10 Years

Retail TouchPoints

[Update from 3/6/2024] Over the next decade, Target plans to build more than 300 new stores and upgrade the vast majority of its brick-and-mortar fleet, with projects ranging from full remodels to adding Ulta Beauty locations, upgrading fixtures and supporting same-day services.

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Amazon Developments: 8 Go Stores to Close, HQ2 Expansion Paused and $200 Million Planned for Transportation Safety

Retail TouchPoints

Amazon reportedly plans to close eight Amazon Go convenience stores as part of a larger restructuring of its physical footprint , according to CNBC. The latest project involves the construction of three 22 -story office buildings and is part of overall plans to spend $2.5

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Big Lots Plans Nationwide Same-Day Delivery From 1,100 Stores

Retail TouchPoints

The retailer plans to roll out delivery of items from 1,100 stores beginning in August. Big Lots plans to implement ship-from-store capabilities from selected stores later in 2020. Big Lots will enter the same-day delivery battlefront via a partnership with last-mile logistics provider PICKUP.

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Alibaba Supply Chain Exec Recommends Futureproofing with AI, Blockchain and Crowdsourcing

Retail TouchPoints

In 2020 he joined Alibaba, where he is now tasked with developing the company’s strategy and building platform-level solutions around international shipping, logistics, cross-border trade and global expansion. Post-pandemic, the focus has shifted from managing disruptions to more proactive planning around supply chain resilience.