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Think Tank
Retail: Page 271
'Click and Collect' Beyond Ability of Many Retailers Looking to Compete with Amazon
A "hat trick" refers to scoring three goals in a game. A remarkable feat for most players and certainly worthy of doffing your hat to honor the player. In magic, a hat trick describes the infamous illusion of pulling something out of an empty hat, typically a rabbit.
Macy's Says RFID Enables Online Fulfillment Down to Last Item in Store
Macy's has taken live a new program that employs radio frequency identification to allow omnichannel fulfillment of consumer purchases, right down to its last available unit of in-store merchandise. The program, which Macy's has named Pick to the Last Unit (P2LU), enables the retailer to list goods for sale online even when there is only one such item available at the store.
After Shaking Up Retail, Amazon Takes on Logistics World
Drones. Trucks. Cars. Worldwide brick and mortar fulfillment centers. Delivery in 30 to 60 minutes. And, now talk about leasing cargo planes. These sound like strings of strategy planning discussions from UPS, FedEx, and the likes of other logistics companies, right.
Defunct Chain Plans to Make Retail Circuit Again
Circuit City was liquidated in 2008, but there are new owners and a new plan to bring the defunct electronics chain back.
J.R. Simplot and Logility: A Case Study
Latest Hike in USPS Shipping Rates Burdens Smaller Retailers
Last week, the U.S. Postal Service announced an increase on several shipping products used by online retailers, including Flat-Rate Priority boxes. On average, rates increased 9.5 percent in the first price hike on commercial Priority Mail in three years.
Hermes Offers Smartful App for Fashion e-Commerce
Hermes, a provider of e-commerce and omnichannel services for fashion and lifestyle brands, has made available Smartful, a one-stop application that gives U.S.-based companies access to the same global, full-service options that the company has previously offered only to large online retailers.
Epicor Issues Gift and List Registry for Retail-Management App
Epicor Software Corp. has released its Gift and List Registry application for Epicor Eagle N Series, a retail business-management system.
Most Shoppers Have Made Impulse Buys of $100 or More, Report Finds
More than half of U.S. shoppers - 54 percent - have admitted to spending $100 or more on an impulse buy, including 20 percent who have spent at least $1,000. In total, 84 percent of all shoppers have made impulse purchases, according to a report from CreditCards.com.
'Calling Card' Web Sites That Aren't Enabled for E-commerce Can't Compete
E-tailing behemoths like Amazon Business are infringing on electrical distributors' turf. Large distributors continue to hone and refine their e-commerce offerings. And finally, mobile e-commerce (or, m-commerce) - driven by the consumer who has grown more comfortable making purchases on smartphones and other mobile devices - is on track to hit $700bn by 2017, according to research firm Digi-Capital.
Macy's Credits RFID With Reducing $1Bn of Inventory in Omnichannel Initiative
Macy's is turning to RFID to support omnichannel initiatives, specifically its "Pick to the Last Unit" (P2LU) program. The retailer will use Tyco Retail Solutions' inventory visibility platform to access its full inventory throughout its entire store base.
Checkpoint Systems Brings Retail Visibility App to the Cloud
Checkpoint Systems Inc., a vendor of merchandise-availability applications for the retail industry, has collaborated with Microsoft Corp. to bring its Checkpoint RFID software to the cloud, and enhance it with Microsoft analytical tools.
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