Analysts and experts are looking optimistically to modest retail holiday sales gains to cap off a tough year, but like most of the rest of 2020 it will be a tale of two channels as stores remain a question mark during some fall pandemic surges and consumer wariness.
Amazon said 19,816 of its 1.4 million U.S. frontline workers tested positive for COVID-19 from March 1-Sept, 19, adding the figure is 42% below the general population rate of 33,952 based on data from Johns Hopkins. This runs counter to claims of protesters about widespread infection rates in Amazon’s facilities.
A new survey suggested that Walmart+ is seeing some good traction out of the gate in terms of subscriber sign-ups, but while some observers have questioned its findings it’s still an indicator of a level of consumer acceptance of the mega retailer’s answer to Amazon Prime.
Amid a growing reliance on ecommerce post-pandemic, returns are growing rapidly as well. Retailers that don’t analyze the impact won’t stand out from the competition and solidify customer loyalty. Although you must balance costs with customer satisfaction, it is possible to do both. Here are six steps you can take.
The UK is set to exit the single market in just four short months. As you seek out ways to mitigate potential issues at the border post-Brexit, what alternative solutions have you considered? Implementing a third-party Merchant of Record (MoR) relieves your business of VAT challenges, enabling you to expand to new markets quickly.
With store restrictions and the shift to ecommerce, retailers must reorient their strategies to an evolving landscape. As they approach the holiday season, they need to navigate these challenges to maximize profit during the biggest selling season of the year by focusing on timely deals and multichannel visibility to motivate shoppers.
This holiday season retailers will not only have to contend with decreased carrier capacity due to the pandemic but also the anticipated influx of mail-in election ballots – all of which could result in a “super peak” holiday nightmare for retailers. Now is the time to implement strategies to ensure they can keep up with demand.
Like UPS before it, FedEx reported a blowout first quarter fueled by pandemic-era ecommerce demand, with revenue and profits exceeding estimates and average daily volume in its ground parcel network increasing by 31%. Executives said they are ready for a massive peak holiday season with personnel, facilities and technology.
Now keenly aware of their vulnerabilities, retail and ecommerce companies are much more likely to build events like pandemics and other crises into their business planning. They are reevaluating sourcing, warehousing, fulfillment and transportation practices to future proof their business. Here are 6 ways a 3PL can help.
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