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The News, Commentary & Events that Shaped Commerce This Week
week of 3/13/2020 |
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| Grocer Hy-Vee Moving Online Order Fulfillment to Stores |
| Midwest grocery chain Hy-Vee is moving fulfillment of online orders from a network of four fulfillment centers back to its retail stores. The facilities, in Eagan, MN, Des Moines, IA, Omaha, NE and Kansas City, MO, will be closed later this month. The network and logistics made same-day fulfillment difficult, executives said.…» |
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| Modell’s Sporting Goods Plans to File Chapter 11 Bankruptcy |
| At Modell’s Sporting Goods it’s game day, every day. So says the Facebook page banner video, but Chapter 11 bankruptcy day is looming for the nation’s oldest family-owned and operated sporting goods retailer. CEO Mitch Modell confirmed the retailer stopped searching for a rescue investor, and a bankruptcy filing is imminent.…» |
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| Grocers Limit Items, Leave-On-Porch Deliveries Grow Due to Coronavirus |
| Panic buying continues to cause empty grocery shelves due to the coronavirus panic, with heavier clusters in affected states as grocery retailers are starting to ration supplies. Same-day delivery providers Instacart and Postmates have expanded a “leave it at my door” option as more spooked shoppers opt for no physical contact.…» |
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| Amazon Selling Cashierless Checkout Technology Powering Its Go Stores |
| Following the playbook of developing innovative tech then selling it, Amazon is offering retailers its cashierless checkout capability from Amazon Go stores. Amazon said Just Walk Out is already under contract to several retailers it wouldn't name. OTG, with hundreds of CIBO stores at 10 major U.S. airports, will soon be using it.…» |
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| After Shedding the Coat, Burlington Stores Is Mothballing Ecommerce |
| After spending years trying to shed its “coat factory” branding – think Boston Market on the fast casual side – Burlington Stores is shedding something else: ecommerce. The CEO said ecommerce represents just 0.5% of total sales and doesn't leverage the company's "treasure hunt" draw for shoppers, giving stores a huge advantage.…» |
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| featured jobs |
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