Robotics, drones and artificial intelligence technology are dramatically reshaping e-commerce fulfillment and delivery. At Amazon's fulfillment centers, data-driven robots do a significant share of the work as the company continues to build a physical version of the cloud.
Startup Runerra is one of five graduates of the Target+Techstars Retail Accelerator that will get to test their technology in Target stores. The Runerra app lets users earn a fee for picking up and delivering orders for their neighbors in dorms or other community buildings.
Samsung Electronics marketing executive Rebecca Hirst anticipates that smart home technology and voice interaction will go mainstream, which could be a "game changer for loyalty." Hirst notes that adoption has been slow to start, as there's a psychological hurdle to establishing these devices in the home, but she adds that once they're over that, consumers will be able to see the opportunity.
Giant Food is hoping its partnership with Peapod will help it compete in greater Philadelphia's growing market for grocery delivery. Giant By Peapod currently is third for delivery market share in the city, ranked behind Instacart and Walmart Online Grocery.
Sears Holdings has filed a Chapter 11 bankruptcy petition, and Eddie Lampert has resigned as CEO but remains chairman. A deal with lenders allows hundreds of stores to remain open while the company goes through bankruptcy proceedings.
For the first half of 2018, fleet driver turnover averaged 96%, the highest level in five years, according to the American Trucking Associations. To improve this, fleets are actively working to provide bonuses, expanded benefits and use of mobile freight apps, in addition to refining interview processes.
IKEA has opened a small-format urban store in London dubbed the Planning Studio that will focus on bedroom storage and kitchens. The new concept store will offer shoppers advice from staffers on home project planning.
Walmart has acquired online lingerie and swimsuit retailer Bare Necessities for an undisclosed amount. It's Walmart's latest acquisition aimed at expanding digital sales and appealing to younger and wealthier shoppers.
Online sales of large appliances in India are on track to hit $1 billion this year, according to RedSeer Consulting. Sales doubled to $900 million from 2015 to 2017, as e-commerce leaders Flipkart and Amazon India created warehouses specifically for washers, TVs and other big-ticket items.
- Page 1