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Toys ‘R’ Us Plants a Flag(ship) in Mall of America

Retail TouchPoints

Beginning in 2024, the new store will introduce elements like Geoffrey’s Café and ice cream parlor along with interactive experiences and product demos from popular toy brands. Toys “R” Us parent company WHP Global will operate the Mall of America store in partnership with Go!

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Inventory Accuracy: The Not-so-Secret Ingredient for Holiday Sales Success

Retail TouchPoints

With Salesforce’s 2023 holiday predictions forecasting that BOPIS (buying items online for in-store or curbside pickup) will influence $28 billion in incremental sales during the holiday season, retailers seeking to capitalize on this revenue opportunity need to ensure their store operations and inventory management practices are up to par.

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RetailConnect Helps Retailers Optimize Store-Based Fulfillment

Retail TouchPoints

PFS’ RetailConnect aims to enable retailers to fulfill ecommerce orders from brick-and-mortar stores efficiently and without disrupting ongoing store operations. RetailConnect combines an order management platform with lightweight hardware to help increase speed and accuracy.

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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. This is both more complex and more top-of-mind due to ESG [environmental, social and governance]; no one likes to ship air.”

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Asda charters cargo ship and buys extra turkeys ahead of bumper Christmas

365 Retail

Asda has chartered its own cargo ship, and increased its stock of turkeys and other festive food compared with last year, in an effort to avoid disruption to customers’ Christmas celebrations. Asda has chartered a cargo ship (Rui Vieira/PA).

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Lowe’s Expands DC-Based Delivery of Bulky Products to 8 More Regions

Retail TouchPoints

CEO Marvin Ellison, speaking during a recent conference call discussing the home improvement retailer’s Q3 financial results, revealed that Lowe’s is on track to change over its entire store base to this model by the end of 2023. The retailer’s legacy distribution model had stores operating as nodes in the fulfillment process.

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Sunnier Economic Outlooks Drive Peak Season

Retail TouchPoints

Great Omnichannel Experiences Win Customers Consumers expect great omnichannel experiences — from fast shipping to buy online, pick up in-store (BOPIS): 83% of consumers search elsewhere if they can’t find fast shipping options. 92% of consumers shop elsewhere to save on shipping , leading to cart abandonment.

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