Have you noticed that the stores of your youth are slowly disappearing? The growing trend of brick and mortar stores fading away into oblivion is real. However, the better question that needs asking is: “Are these stores closing permanently or will they continue to exist but in a different form?”
Retailers have an opportunity to evolve the store to better match the purchase behaviors of the much sought after millennials, consumers between the ages of 20 and 35. As the millennials and to a large extent,…
It’s our first ever blog post and we wanted to share our thoughts on the upcoming year and some of the key trends we believe will impact the retail supply chain in 2016. We are already seeing these trends impact our customers and know they will have a broader and more significant impact within the retail supply chain space in the coming year.
- Order Online/Pick-up from Store – It is predicted that the percentage of consumers that expect to order online and pick-up from the store…
Same day delivery has developed into a legitimate fulfillment model that appears to be gaining traction with consumers. By 2018, the value of merchandise delivered via same-day delivery in 20 U.S. cities is expected to reach over $4 billion. Many big-box retailers have already implemented same-day delivery options. Target currently offers rush delivery (same day) in Boston, Miami and Minneapolis, with expansion to other cities likely coming soon. Macy’s offers same-day delivery to 17 cities including Atlanta, Honolulu, and Chicago. Walmart, one of the first retailers to…
