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Think Tank
Retail: Page 282
'Healthy Growth' in Holiday Sales Predicted by Retailers' Trade Association
The National Retail Federation expects sales in November and December (excluding autos, gas and restaurant sales) to increase a solid 3.7 percent to $630.5bn - significantly higher than the 10-year average of 2.5 percent. Holiday sales in 2015 are expected to represent approximately 19 percent of the retail industry’s annual sales of $3.2 tr. Additionally, NRF is forecasting online sales to increase between 6 and 8 percent to as much as $105bn.
Not Home? You Can Pick Up Your UPS Package at the Drugstore.
In time for the holiday season, UPS is rolling out to 100 cities a program that requires people in some neighborhoods to fetch packages at nearby locations -- such as a druggist or dry cleaner -- if they weren't home to meet a driver.
Amazon Is Top Site for Online Shoppers
A growing number of consumers go to Amazon first when shopping for online products. According to a Survata study, commissioned by BloomReach, 44 percent of shoppers go straight to Amazon, beating out the 34 percent who go direct to search engines and 21 percent who go directly to a retailer's e-commerce site.
Global Trade Pacts Raise Unanswered Questions
Negotiations over the Trans-Pacific Partnership have at long last come to a successful end. But ratification of the agreement is far from assured - and some key questions remain to be answered.
Walmart, 7-Eleven Team Up in Canada to Deliver Items to Convenience Store Lockers
Walmart Canada and 7-Eleven Canada are joining forces to do an e-commerce pilot project in the Toronto area.
Bringing Lost American Jobs Back From China
The Reshoring Initiative would like to slap the "Made in U.S.A." label on a lot more products. Can it succeed?
Utilizing the Returns Network to Its Fullest Potential
Challenge: A large retailer was faced with how to handle products that were coming back from stores into the reverse-logistics channel and needed an efficient and cost-effective way to process merchandise for redeployment, return-to-vendor and liquidation.
TAKE Supply Chain Adds Order-to-Cash Features to OneSCM
TAKE Supply Chain has added sales-focused transactions to OneSCM, the vendor's hosted supply-chain collaboration software for mid-market companies.
Retailers, How Many of Customer's Senses Do You Appeal To?
It takes a lot of work for retail brands to deliver a remarkable experience. It can be done, however, by making sure the environment touches each of the five senses.
E-commerce Steps on the Gas in Automotive Aftermarket Industry
New research shows that 56 percent of automotive parts and accessories shoppers are making their purchases online - an 8 percent increase over the previous year. The study also indicates that consumers are combining online and in-store channels for an omnichannel shopping experience. Omnichannel is when shoppers seamlessly shift between mobile, online and in-store resources to research, purchase, pick up and return their items.
Theft of Heavy Equipment Up 1 Percent in 2014
In 2014, a total of 11,625 heavy equipment thefts were reported to law enforcement - an increase of 1.2 percent from the 11,486 reported in 2013, according to a report from the National Insurance Crime Bureau and the National Equipment Register.
'30 Under 30 Rising Supply Chain Stars' Nominations Due Oct. 30
Attention, supply management professionals: Is there a young (30 or under) "rising star" at your company who is making a big impact? ThomasNet and the Institute for Supply Management are inviting the industry to recognize these achievers as "30 Under 30 Rising Supply Chain Stars." The nomination deadline for the second annual recognition program is Oct. 30, 2015.
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