Retailers can no longer wait to adopt BOPIS - the ability to buy online, pick up in store - according to a report from Kibo, a cloud-based omnichannel commerce platform provider. But a small percentage, only percent 7 percent, act to ensure that a sale is made.
Over the past year, prime warehouse rents are up 9.9 percent across the U.S. and up by double-digit amounts in some large urban areas, according to a recent report. E-commerce and Amazon are in no small way responsible for the development.
Digital retail marketing is set to increase from $174bn in 2015 to $362.1bn by 2020, according to Juniper's latest research, Digital Retail Marketing: Coupons, Advertising & Consumer Engagement 2015-2020.
American retailers, which already operate in more foreign countries on average than their Asian and European peers, have widened the gap with a more aggressive international expansion pace, according to CBRE Group's 9th Annual "How Global is the Business of Retail?" report.
The fashion industry is undergoing the biggest change since the industrial revolution: Today's consumers prize instant convenience and authenticity. They want innovative new products, instantaneous information, to comparison shop, to easily return items that don't fit, and always get the best deal.
Keeping online buyers happy is easy. All you have to do is flood the channel with so much inventory that you're never out of stock. And probably go out of business in the process.
Voracious global demand for e-commerce fulfillment centers and distribution centers fueled a 2.8 percent year-over-year increase in prime logistics rents globally, led by double-digit percentage gains in U.S. coastal markets, according to CBRE Group Inc.'s inaugural Global Prime Logistics Rents report. Six of the top 10 markets with the fastest-growing prime logistics rents globally were in the U.S., led by Oakland, Calif., with a nearly 30 percent gain.
The latest supply-chain news, analysis, trends and tools for executives in the e-commerce/omnichannel industry — which consists of companies engaged in internet retailing, including those with auxiliary brick-and-mortar stores. Learn how e-commerce/omnichannel companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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