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FedEx Eyes Stake In Germany’s Hermes Delivery Service

PYMNTS

The Memphis-based delivery company has instead seen a massive upswing in low-margin personal home deliveries as people start to shift to eCommerce during the pandemic. FedEx acquired TNT Express in 2016 for boosting its B2B shipments, and Last Mile Experts Managing Partner Marek Ró?ycki

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Retail Labor Shortage Concerns Deepening

PYMNTS

A good economy is good news for retailers in a variety of regards. But for retailers going into the holiday season 2016, a good economy is creating yet another headwind for physical retailers who’ve spent much of the year being buffeted constantly by market pressures. Employment, according to the latest figures, hit 4.9

Retail 100
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Retailers Look To Digital Technologies After Beating The Street

PYMNTS

Retailers and retail landlords are reporting strong first-quarter earnings results, beating analysts’ expectations in many cases. Management noted on the conference call with analysts following the earnings report that there was a “positive comp gap” between the company and quick-service restaurant peers of as much as 270 basis points.

Retail 101
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COVID-19 Vaccine Could Complicate Holiday Shipping Delays

PYMNTS

“Every mode of shipping is already under tremendous pressure due to COVID-19-related and holiday shopping constraints, and vaccine delivery just adds another element of disruption to the already fragile mix," said Sean Maharaj, managing director in the logistics practice of AArete, a global consulting firm, to USA Today.

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DHL: Strengthening Fulfillment’s Weakest Link

PYMNTS

And in an interview with Karen Webster, Adrian Kumar, global head of operations, science and analytics at DHL Supply Chain , said that better inventory management can be aided by ergonomic design and automated processes through the use of artificial intelligence (AI) and robotics. The McDonald’s Example.

Memphis 142
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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

Just ask Carvana, the leading online automotive seller and a major force in changing the way people buy cars. billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. Oklahoma City, and Memphis. Apparently that will get you in trouble on the Street.

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At the Speed of Tech

Independent Banker

Retail locations: Four. For him, a “typical” day at the $215 million-asset community bank runs the gamut from mundane support tasks, such as assisting a co-worker with password resetting, to overseeing complicated systemwide support duties, such as answering audit exams and managing online banking systems. Photo by Audra Melton.