The fashion industry is undergoing the biggest change since the industrial revolution: Today's consumers prize instant convenience and authenticity. They want innovative new products, instantaneous information, to comparison shop, to easily return items that don't fit, and always get the best deal.
Keeping online buyers happy is easy. All you have to do is flood the channel with so much inventory that you're never out of stock. And probably go out of business in the process.
Voracious global demand for e-commerce fulfillment centers and distribution centers fueled a 2.8 percent year-over-year increase in prime logistics rents globally, led by double-digit percentage gains in U.S. coastal markets, according to CBRE Group Inc.'s inaugural Global Prime Logistics Rents report. Six of the top 10 markets with the fastest-growing prime logistics rents globally were in the U.S., led by Oakland, Calif., with a nearly 30 percent gain.
In answer to Amazon's Prime Service, Walmart has cut the delivery time of its ShippingPass e-commerce subscription program to two days rather than three.
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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