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Retail

VERTICAL FOCUS: Pet Supplies

VERTICAL FOCUS: Pet Supplies

Biofuels: A Pet Peeve A proposed EPA rule has the pet industry howling. The rule would establish required Renewable Fuel Standard (RFS) volumes and percentage standards for 2023, 2024, and 2025 (see chart). The EPA also recommended a series of modifications to strengthen and expand the RFS program. The pet food industry’s response was swift […]

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Walmart Takes to the Skies

Walmart Takes to the Skies

Retailers continue to look for new ways to meet consumer demand for fast delivery. Many, including Walmart, are banking on drones. For a cool $3.99, Walmart customers who live within one mile of a participating store can now have thousands of eligible products delivered to their home via same-day drone delivery. Walmart expanded its DroneUp […]

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Automation: From Benefit to Necessity

Automation: From Benefit to Necessity

Even prior to the pandemic, consumers were demanding. Since the rise of e-commerce, end users expect the ability to order what they want, when they want it, via the channels they want. Brands are adapting to this demand by offering curbside pickup, third-party delivery services, direct-from-social media purchasing, and a variety of other channels to cater to different consumer preferences.

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Logistics Technology: The Unsung Hero of Convenience Commerce

Logistics Technology: The Unsung Hero of Convenience Commerce

As consumers embraced online ordering during the pandemic, e-commerce sales ballooned from $571.2 billion in 2019 to $815.4 billion in 2020—a 43% jump—according to a recent Census Bureau retail survey. Although online sales have cooled since the initial pandemic-driven fervor, consumers continue to drive convenience commerce, with e-commerce sales increasing 6.7% in Q1 2022. More than 20% of consumer spending from January to March occurred online.

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How Macy’s Avoids Inventory Glut

How Macy’s Avoids Inventory Glut

Retailers across the country are struggling with inventory pileup due to 2021’s massive supply chain delays. Unloading these previous-season goods has become a top priority for the upcoming holiday and winter season. But Macy’s is singing a different tune: the retailer managed to avoid most of this inventory glut, and reported to the Wall Street Journal that more than half of its offerings for the holiday season will be new.

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