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Online Retail Pumps New Fuel Into Warehouse Growth

PYMNTS

Online retail has had a tremendous impact on logistics, further evidence of which emerged on Monday (June 3). and other retailers to fulfill orders from online shoppers.” It’s not only a race for space when it comes to warehouse and logistical needs by eCommerce operators. based online supermarket operation.

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Amazon Prime Day Set For September As Operations Stabilize

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This spring, Seattle-based Amazon went on a hiring spree, unable to keep up with the boom in online sales. Also, its Amazon Fresh grocery delivery arm was unable to handle all the stay-at-home consumers attempting to go on online COVID-19 shopping sprees. In a COVID-19 world, the eCommerce scene changes quickly.

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Amazon And Walmart’s Battle For Consumer Retail Spend

PYMNTS

But in other ways, it was business as usual, as the two biggest retailers in the world – Walmart and Amazon – posted stellar earnings numbers and competed in more muted ways for the U.S. It’s interesting that the cumulative annual revenue growth rate for the Seattle-based crew (since 2014) is 31.5 percent for retail. percent.

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Walmart And Amazon Up Their Private Label Retail Game

PYMNTS

But the growing use of those brands to attract sales is also leading to more focus on potential challenges for online, private label retail over the next few years. Private brands, of course, are hardly new, and their use in retail predates the birth of eCommerce. Consumers can buy furniture anywhere. Private Label Pivot.

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The Race For Online Grocery Shopping Heats Up

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When Walmart announced Q2 earnings earlier this week, the nation’s largest retailer announced twin blowout performances in both its eCommerce and same-store sales. Stop & Shop owner Ahold Delhaize NV announced plans earlier this week for putting more resources toward online shopping operations. the Seattle Times reported.

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Retailers Increasingly Turn To AI For Security And Efficiency

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Artificial intelligence (AI) is moving from cool concept toward everyday consumer reality, and signs of that innovation are increasingly appearing in the retail space. Take the issue of retail security as one example. Retail Trust and AI. Based in Seattle and two years old, Xnor develops low-power edge-based AI.

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Second Amazon Go Store Comes To NYC

PYMNTS

comes after the online retailer opened one of the concept locations in New York City in a mall, CNBC reported. The retailer has been experimenting with the offering through an arrangement with Starbucks in Seattle.) Operating hours are between 6 a.m. The store is said to also take cash for payment.