Skip to main content

OPERATIONS / SUPPLY CHAIN

  • Visa will pay some merchants to go cashless

    Visa Inc. is doing its best to usher in the cashless future.    The credit card giant has announced a new initiative, called the Visa Cashless Challenge, which will incentivize small merchants to move away from cash payments. Using an application-based format, Visa will award approximately $10,000 each to 50 eligible U.S.-based small business food service owners, including food truck owners.  
  • Amazon scores important win in huge foreign market

    Amazon has won the right to sell groceries in India.   The online giant currently sells groceries in India through a local partner. But it recently secured government approval to stock and sell its own food items, reported the Nikkei Asian Review.     
  • Study: Retailers should incentivize use of BOPIS drive store traffic

    Shoppers are buying more goods than ever online, but they also are increasingly picking the items up at — and returning them to — brick-and-mortar store.  
  • Accessories retailer readies for international expansion

    With plans to triple its store portfolio in six years, Parfois needs to expertly anticipate demand and gain global visibility into its inventory.   By partnering with Oracle, the accessories retailer is one step closer to scaling its operations. Parfois added the Oracle Retail Merchandise Operations Suite and the Oracle Retail Warehouse Management System — two solutions that will support the company’s high growth and international expansion plans.  
  • BDO: The top risk factors for retailers are....

    Consumer confidence remains strong, but that's not stopping retailers from worrying about the economy.   General economic conditions ranked as a top risk factor for the 9th consecutive year in an annual ranking of the top 25 risk factors by retailers, cited by 100% of respondents. Cybersecurity and regulatory concerns shared the top spot with the economy.  
  • Study: EMV is shifting fraud online

    A new fraud pattern is emerging.    For 84% of U.S.-based companies, EMV has lowered their fraud prevention costs. However, 52% of retailers said their card not present (CNP) losses are growing.   This is according to the “2017 Global Payments Insight Survey: Merchants and Retailers,” from ACI Worldwide and Ovum. The study tapped 1,475 payments executives globally in December, 2016 -January, 2017.   
  • Walmart installing automated vending machines for online order pickup

    Walmart continues to explore new ways to make it easier for customers to pick up goods purchased online.    The discounter is expanding its deployment of a giant self-service kiosk, which it calls a Pickup Tower, that spits out online orders to users of Walmart's buy-online-pickup-in-store service. Walmart debuted the technology last fall, in a store in Bentonville, Ark., close its headquarters.  
  • Online giant’s fulfillment network enters new territory

    Amazon is once again expanding its distribution fleet — this time in the Beehive State.   The online giant will open an 855,000 sq. ft. fulfillment center in Salt Lake City — the company’s first warehouse in Utah. The facility, which will employ 1,500 full-time hourly associates, will pick, pack, and ship smaller customer items, such as books, electronics and toys.  
X
This ad will auto-close in 10 seconds