Bringoz Industry Weekly 12/3S
am’s Club plans to expands its distribution network. Companies have significantly increased investment in supply chain innovation. Ikea grows its small store footprint. Read about these stories and more in our weekly industry news roundup.
Sam’s Club Prepares for Distribution Expansion
Sam’s Club plans to open two new distribution centers in early 2024 outside St. Louis and Minneapolis. The new facilities are part of a multi-year growth plan to modernize and transform the Sam’s Club supply chain through new distribution and fulfillment center locations across the country. The retailer intends the new distribution centers to provide customers with a better omnichannel shopping experience through noticeable increases in delivery speed and availability of products. Read more.
Companies Propel Innovation with Supply Chain Investments
Companies have significantly increased investment in supply chain innovation in 2023, nearly doubling the average spend compared to 2022, according to research from Catena Solutions. According to a recently released report, the average investment in supply chain innovation increased to just over $20 million this year, up from slightly more than $10 million a year ago. It was under $10 million in 2021. Read more.
Ikea Grows Its Small-Format Store Footprint
Ikea opened a new Plan and Order Point in the Dallas-Fort Worth market. The small-format store offers design consultations as well as a location where customers can pick up their online orders. Customers can book appointments with Ikea experts while they design, quote and order Ikea products, and while customers won’t be able to take products home directly, Ikea can arrange for delivery or schedule orders for pickup at the location next door. Read more.
The Rise of Early Holiday Shopping
Black Friday used to mark the start of the holiday shopping season, but in recent years the number of Americans who start holiday shopping before Thanksgiving has increased. Early shoppers have the luxury of exploring various options, comparing prices, and ensuring online purchases arrive on time. More and more people are choosing to start their holiday shopping early, and here’s a deeper look at the reasons behind this trend. Read more.
Top Retail Trends This Holiday Season
Retailers and consumers alike are gearing up for one of the busiest of the year. From in-store holiday savings to online sales events, retailers are offering consumers several ways to shop and save across multiple channels. Here’s a look at the top retail trends to watch out for this holiday season and how they may impact your shopping experience. Read more.
How Are Retailers Enhancing the Online Shopping Experience?
The holiday season has always been synonymous with crowded malls and packed stores, but recent years have seen a significant shift in consumer behavior. More and more shoppers are turning to online shopping, and retailers are taking notice. Here’s a look at how retailers are enhancing the online shopping experience, helping them drive increased sales for the holiday season and beyond. Read more.
Consumer Expectations During Peak Season
Retailers are adopting new strategies and solutions to prepare for increasing consumer demand and meet their expectations this peak season. Consumers are shopping across multiple online and offline channels as they compare products and prices. Here’s a look at some consumer expectations for the peak season and how retailers can adapt their retail channels to accommodate consumers’ needs. Read more.