The $800 billion grocery industry is keeping a sharp eye on a strip mall in the Woodland Hills neighborhood of Los Angeles. There, sandwiched between a nail salon and a bank branch, Amazon.com is working on the first in a new chain of grocery stores set to open this year.
Importers and domestic manufacturers who sell goods to retailers face an increasingly complex landscape of consumer demands and brand positioning, as the balance between e-commerce and brick-and-mortar sales continues to shift.
In the battle to make their product more attractive to consumers, packaging is a crucial element. Many turn to third-party packaging and co-packing service providers to gain the edge.
Former retail chain Service Merchandise nailed fulfillment and omni-channel in the 1980s with its innovative showroom-catalog approach. These three strategic approaches put the company ahead of its time.
Each sales channel presents a unique opportunity to connect with customers and achieve long-term, profitable growth in a constantly evolving commerce environment.
Less than a month into the health crisis that began in China, supply chain disruptions are showing up around the world, from automakers to mobile-phone producers to energy companies.
Unlike other big developing Asian nations such as Indonesia or India, which depend more on domestic demand to fuel their growth, Vietnam is particularly vulnerable to geopolitical risks because of its reliance on trade.