2. Thinking big: Target stumps up $100 million for sortation centres to boost online delivery times
This week, Target announced that it is investing $100 million into supply chain hubs to speed up e-commerce deliveries, projecting to deliver around 50 million packages this year, nearly double the amount in 2022.
This, according to Brittain Ladd, a supply chain consultant and former Amazon exec, is a good example of Target entering into what he refers to as Target 2.0, whereby the retailer pivots in ways most analysts and consumers aren’t expecting.
3. Social success: Currys hails “incredible” results from retailer’s viral Airfryer Pancakes TikTok video
Currys recently posted a Airfryer Pancakes TikTok video.
It went viral and, yada yada yada, the electrical retailer is understandably rather happy about it
Ryan Todd, Senior Social Media & PR Manager at Currys, said on LinkedIn: “Flippin’ heck. Incredible results from our viral video: 8.7 million views on TikTok alone; 44 pieces of PR coverage, including almost blanket national coverage.”
He added: “Amazing work from Amneet Atwal (Social Media Manager at Currys).”
4. Optimising store operations: Fashion giant Bestseller selects Nedap for Vero Moda RFID roll-out
Nedap has been selected by Bestseller to deploy its iD Cloud RFID platform across the retailer’s Vero Moda stores.
Bestseller completed the roll-out to 380 stores in January.
Casper Terp Harboe, RFID Project Manager at Bestseller, comments: “Our primary focus is to optimise store operations even further by adding RFID-based goods receiving and sharing transactional data to close the loop around RFID.”
“With this single view on all stock, Vero Moda can successfully offer the right products at the right place without high safety thresholds. This has a positive impact on sustainability and profitability.”
Harboe concludes: “As a company, we take nothing for granted, especially not customer loyalty. To keep our customers happy, we always need to have the right product available across all our sales channels without overstocking and overproducing.”
“Our stores play a vital part in this ambition. Now that we are taking the next step in our RFID journey, we need a partner that enables us to meet our ambitions. We found that partner in Nedap with its global user community and proven track record.”
5. MillerKnoll 3D leader and La-Z-Boy alumna added to 3D Cloud by Marxent advisory board
3D Cloud by Marxent, a 3D experience platform for the furniture and home improvement spaces, has announced the appointment of Lorna Jean Marcuzzo of MillerKnoll and Gail Applin, formerly of La-Z-Boy, to its advisory board.
Marcuzzo, currently Senior Digital Product Manager for 3D Visualisation at MillerKnoll, brings over a decade of experience in the contract furniture space with a focus on innovation.
Similarly, Applin served as Director of eCommerce and Interactive Customer Experience at La-Z-Boy for nearly a decade and is presently Director of E-Commerce Strategy and Operations at Smith & Noble.
“Both Lorna Jean and Gail bring a wealth of furniture industry experience to the table,” says Beck Besecker, 3D Cloud by Marxent’s CEO and Co-Founder.
“They have considerable industry insight and also know what it takes to lead and deploy successful 3D innovation strategies at scale.”