Remove 2019 Remove Finance Remove Fulfillment
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Target Names New COO, Divvies Up Merchandising Responsibilities

Retail TouchPoints

Target has tapped Michael Fiddelke, who has served as the retailer’s CFO since November 2019, to add the COO role to his responsibilities. He will wear both hats until Target names a new finance chief. Current COO John Mulligan announced his retirement plans in October 2023.

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Amazon Appoints Insider as CEO of Worldwide Stores

Retail TouchPoints

Felton has worked for nearly 18 years in Amazon’s retail and operations finance leadership. In 2018, he was appointed VP of Global Customer Fulfillment, and in 2019 began leading the company’s newly organized global delivery services, including global import and export, Amazon Logistics and last mile delivery services.

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With 30-Minute Delivery Service, Kroger and Instacart Raise the Stakes in the Convenience Space

Retail TouchPoints

has partnered with Instacart to launch Kroger Delivery Now, a virtual convenience store fulfilled by Kroger that delivers fresh groceries and household essentials in as little as 30 minutes. Kroger launched its own internal delivery service with 55,000 items in 2018, and expanded its collaboration with Instacart to include alcohol in 2019.

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Tuesday Morning Receives $32 Million Lifeline from Retail Ecommerce Ventures and Ayon Capital

Retail TouchPoints

The funding, along with $3 million in convertible debt financing from certain Tuesday Morning leaders including CEO Fred Hand, will help the troubled retailer implement an omnichannel turnaround plan. The deal will give Tuesday Morning access to REV’s fulfillment network, infrastructure, systems and technology and ecommerce capabilities.

Finance 246
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Amazon, Target, Walmart Incentivize Early Holiday Shopping

Retail TouchPoints

Finance indicated that just over half ( 51% ) of consumers planned to begin their holiday shopping before Halloween, with 27% saying they would start in late September. The elongation of the holiday shopping season, already a growing trend in 2019, got a big boost from the supply chain disruptions exacerbated by the COVID-19 pandemic.

Shopping 325
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Exclusive Q&A: Can Anything Slow the Amazon Behemoth?

Retail TouchPoints

That ecommerce market, fueled by the long-term impacts of COVID-19 and the general global shift toward online commerce, is likely to be three times the size it was in 2019. The Marketplace generated $187 billion in sales in 2019, compared to $141 billion for Amazon Retail. Robin Gaster: Amazon does have a weakness — in retail.

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Clean Data, Clean Planet: How Online Retailers can use Data Analytics to Reduce Their Carbon Footprint

Retail TouchPoints

For example, a UK-based business with traction in Europe should consider warehousing stock in Germany, Poland or the Netherlands to shorten the fulfillment process. Third-Party Logistics Providers (3PL) and Fulfillment of Product. New 3PL tools help make fulfillment of product easier for retailers.

Shipping 264