Procurement plays a more critical role in business operations
Procurement is no longer just a behind-the-scenes function; it has risen to become a vital component of business strategy. Historically viewed as a mere support system for purchasing materials, procurement has now taken center stage. Influenced by significant events such…
Distributors see uneven ecommerce sales growth as the year races by
U.S. wholesale sales show a promising upward trend, presenting opportunities for businesses to capitalize. Recent government data indicates that for May 2024, merchant wholesalers (excluding manufacturers) reported encouraging sales figures compared to the same month last year. This data, which…
Albertsons Q1 digital sales outpace flat total sales growth
Grocery giant Albertsons Companies Inc. recently reported impressive figures in its Q1 2024 earnings, revealing net sales and other revenue totaling $24.3 billion. This figure not only surpassed analysts’ expectations but also indicated subtle growth of less than 1% compared…
Why idependent retail stores are gateway to powerful multicultural consumers
Why Independent Retail Stores Are a Gateway to Powerful Multicultural Consumers In the United States, multicultural consumers represent a significant and growing market with impressive spending power. Understanding and engaging these audiences is increasingly vital for brands aiming for revenue…
The new digital supply chain stars: automated guided vehicles
Automated Guided Vehicles (AGVs) are revolutionizing the logistics and supply chain sectors, transforming the way goods are transported within large distribution hubs. As ports and warehouses face unprecedented levels of congestion—often due to record traffic or the increasing demands of…
Aldi tests food vending machines
In an innovative move to enhance shopping convenience, German grocery giants Aldi and Rewe are testing food vending machines that provide fresh produce and essentials around the clock. This initiative comes as a response to changing consumer habits, particularly for…
Michaels teams with DoorDash, Uber Eats to expand delivery options
In a strategic move to enhance customer convenience, Michaels, the renowned arts and crafts retailer, has partnered with DoorDash and Uber Eats to offer expanded same-day delivery options. This initiative is part of Michaels’ comprehensive omnichannel transformation strategy, which aims…
‘TikTok Shop gears up for launch in Ireland and Spain’
TikTok Shop, the much-anticipated shopping feature from the popular social media platform, initially planned to expand throughout Europe this summer. However, ByteDance, the parent company, opted to pause those ambitions, focusing instead on a more strategic rollout. With a new…
ShipEngine partners with what3words to boost delivery precision
ShipEngine, a prominent shipping API provider, has teamed up with what3words, the innovators in location technology, to significantly enhance delivery accuracy in the UK. This strategic partnership aims to streamline online delivery processes for e-commerce platforms, retailers, and logistics providers…
Conn’s files for Chapter 11 bankruptcy
Conn’s Inc., a prominent player in the retail sector, has made headlines by filing for Chapter 11 bankruptcy protection. This significant move, announced recently, is accompanied by an urgent request for emergency relief, which the company hopes to secure by…
