Online spending totaled $8.9 billion on Black Friday, a number that was at the low end of expectations and slightly less than last year, according to the latest tally from the Adobe Digital Economy Index.
Walmart is expanding its efforts to offer aerial deliveries to homes, joining with startup DroneUp to begin dropping off items ranging from cans of tuna to children’s thermometers.
Howard Meitiner, managing director with Carl Marks Advisors, explains why the current congestion and challenges being experienced by retail supply chains aren’t going away anytime soon — in fact, they’re likely to permanently change the sector.
The number of days containers are waiting to be picked up by trucks at California’s neighboring ports of Los Angeles and Long Beach climbed to a record in October, just before officials announced a new plan to clamp down on the backlog in collections.
FedEx is forecasting a 10% increase in holiday package deliveries over a previous record peak season in 2020 as consumers remain hooked on internet shopping even as stores reopen from last year’s lockdowns.
American consumers are showing little sign of returning yet to their normal balance of spending on services over goods, with a heavy reliance on imported products, according to two indicators based on shipping data.
The latest supply-chain news, analysis, trends and tools for executives in the e-commerce/omnichannel industry — which consists of companies engaged in internet retailing, including those with auxiliary brick-and-mortar stores. Learn how e-commerce/omnichannel companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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