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Want to Cut the Cost of Fast Fulfillment? It All Starts with Inventory Placement

Retail TouchPoints

The problems with getting products to people quickly and cheaply are well-known: consumers want fast fulfillment, which is costly to provide, but they don’t want to pay high (or really any) shipping fees. Even Amazon , the trendsetter in fast fulfillment, isn’t immune to higher labor costs. in an interview with Retail TouchPoints.

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Macy’s New $584 Million DTC Fulfillment Center to Create Nearly 2,800 Jobs

Retail TouchPoints

million-square-foot fulfillment center in China Grove, N.C., Once the automated direct-to-consumer fulfillment center is fully operational, the retailer said it will employ approximately 2,800 workers and account for 30% of Macy’s digital supply chain for customers nationwide. scheduled for completion in 2024.

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Levi’s Creates AI-Powered Tool to Optimize Fulfillment Across its Footprint

Retail TouchPoints

has launched the Business Optimization Of Shipping and Transport engine, or BOOST, which leverages data, AI and machine learning to choose the best fulfillment option for both the customer and LS&Co.’s BOOST locates items across LS&Co. s bottom line. The in-house technology is part of LS&Co.’s in a statement.

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Target Introduces Larger Store Concept With More Fulfillment Space and Merchandise

Retail TouchPoints

Beginning in 2024, nearly all remodels and new stores will feature the majority of the reimagined store design elements, which include: Full range of merchandise: The larger Target stores will offer shoppers expanded food and beverage options, exclusive brand partnerships and a curated mix of private labels and national brands; More space: The new (..)

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Target Unveils 30,000-Square-Foot Times Square Location

Retail TouchPoints

Target ’s newly opened Times Square location — 30,000 square feet in the middle of Manhattan — features designs inspired by local culture. The Times Square Target location’s offerings also take into account the bustling mindset for which the area is known.

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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. Another store will put a greater emphasis on in-store pickup by reorienting its warehouse to be adjacent to the curbside and locker areas.

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Internal Warehouse vs. 3PL: How to Reach the Best Decision for Your Business

Retail TouchPoints

In internal fulfillment, the business handles the complete process of storing, packing and shipping. In contrast, 3PL services oversee the order fulfillment cycle on behalf of the company. Keep reading and discover which order fulfillment option is right for you. Do they provide a personal account manager for your business?