Logistics

The recent Momentum 2016 conference held by Manhattan Associates in Orlando, Florida, was a great opportunity to catch up on the latest developments in supply chain solutions and strategies. Here are three especially important retail supply chain trends uncovered and explained at the event: Supply chain is key to omnichannel

The recent Momentum 2016 conference held by Manhattan Associates in Orlando, Florida, was a great opportunity to catch up on the latest developments in supply chain solutions and strategies.   Here are three especially important retail supply chain trends uncovered and explained at the event:   Supply chain is key to omnichannel

Walmart offered its own version of the Amazon Prime Day online sales event last summer, and now is directly taking on Amazon Prime. The discount giant is piloting a two-day version of its paid ShippingPass unlimited online delivery program. Normally, customers pay $50 per year for the ability to obtain three-day delivery of more than 1 million items Walmart.com with no additional fees.

For vertical medical accessory retailer Cielo Pill Holders, simply getting its products in front of potential customers is a key business challenge. To meet this challenge and also obtain third-party fulfillment support, North Bend, Washington-based Cielo has been leveraging the Amazon Exclusives program of the Amazon Marketplace platform since summer 2015. The Exclusives Program, which provides extra benefits in exchange for agreement not to sell items on any other third-party retail platform.

It’s a sobering statistic: North American retailers lose $158.5 billion annually to supplier issues. Out of stocks cause 4.1 percent in lost revenue, according to retailwire.com; just as troubling, overstocks result in 3.2 percent in lost revenue for the average retailer. Retailers continue to refine their compliance programs to strike the right balance of inventory and meeting higher consumer service standards.

Petco is expanding its store portfolio and distribution center network. In keeping with its 2016 growth plan, which includes 27 new store openings year-to-date, Petco will open a new distribution center on May 11, 2016, in Reno, Nevada. The company will also open a new Unleashed by Petco store in Maryland, and re-open a newly expanded Southern California Petco store in place of a previous Unleashed by Petco locations.

Schimenti Construction has begun work on Dick's Sporting Goods' store in Melville, New York, managing an open store remodel/tenant fit-out of the approximately 95,000-sq.-ft. space.

Dollar General Corp. has announced plans to build what will be its 15th fqcility in the discounter’s growing distribution network. The discounter has purchased land in Jackson, Georgia to serve as the location for the new distribution center it plans to construct in the central part of the state.