Fourth-party logistics providers don't have a distinct definition, says Josh Nelson of the Hackett Group, but they often cover ground like reverse logistics that third-party logistics firms can't handle. Trust over time is key for a company to allow a 3PL to take on additional duties, Nelson adds.
RH's new flagship in New York City's Meatpacking District boasts architectural elements that bring together the original century-old brick structure, three stories of modern glass and steel and a rooftop restaurant. It's the latest version of the brand from CEO Gary Friedman, who took the reins in 2001 and has taken the retailer from a struggling housewares store through several trendy iterations.
Amazon is considering a plan to open up to 3,000 of its cashierless Amazon Go stores by 2021 in cities around the country, according to a Bloomberg report. Among the questions the company is debating is whether they would be convenience stores or focused more narrowly on grab-and-go dinner items, the report said.
Samsung's Galaxy A7 smartphone, due out next month, will be the company's first with three cameras. An 8-megapixel unit will duplicate the viewing angle of the human eye, while 24- and 5-megapixel cameras will allow users to adjust depth of field.
Sprouts opened its first store in Pennsylvania this week with a 32,000-square-foot location in south Philadelphia. The natural grocer said it has plans to open 13 stores nationwide in the third quarter, in addition to the 16 that opened in the first half of the year.
Sears' transformation from catalog retailer to a brick-and-mortar department store chain was a model Warby Parker looked to when planning its own growth, executive Kelly Radford said. The eyeglass retailer began life as a pure-play online merchant and tested showrooms and a mobile shop before opening permanent retail stores.
Google unveiled the final developer preview for Flutter, an open-source framework for iOS and Android app interfaces. The company will release Flutter 1.0 later this year.
Nestle has started a strategic review of its skin-health unit, which is home to brands such as Proactiv, Cetaphil and Restylane. The company said the division is not in line with Nestle's increased focus on drinks, food and nutritional health.
While Apple has always staggered the release of its latest iPhone models, this year, the company is rolling out its two priciest models first. The iPhone XS and XS Max, both priced at about $1,000, will be available Friday, five weeks before the cheapest of the new models arrive in stores, giving Apple time to get consumers to snatch up the higher-priced models without any competition from the lower-priced newbie.
Around 90% of consumers consider themselves to be loyal to brands, with 55% saying loyalty was driven by loving products, while just 7% cited superior customer service as a factor, according to Yotpo research. The survey results show that loyal customers are more likely to become advocates of a brand and that Facebook is by far the most popular social platform for interacting with brands.