Skip to content
Search AI Powered

Latest Stories

Omnichannel investments create ‘hybrid’ shoppers

Consumers continue to shop online, but seek in-store pickup options as Covid-19 fears ease, survey shows.

cyber-monday-ge219cd4f0_640.jpg

Retailers’ omnichannel investments over the past two years have created a “hybrid” shopper, as consumers blend e-commerce with in-store pickup options for ease and convenience, according to a consumer insights survey from e-commerce logistics company Radial.


Radial surveyed 1,000 U.S. adults about their retail buying habits as well as the impact of shipping delays and inflation on their brand experiences. The company found that most adults will continue to shop online, taking advantage of curbside pick-up and buy online, pick up in store (BOPIS) options that have become commonplace over the past two years.

“E-commerce and omnichannel fulfillment services have become part of retail’s DNA, and require continued investment from retailers and brands,” according to Laura Ritchey, executive vice president and COO of Radial. “The implementation of digital capabilities does not stop when the pandemic ends–e-commerce is constantly evolving, along with consumers’ preferences, and brands need to follow suit. Services like buy online, pick up in store and curbside pickup have become channels for consumers to get products more conveniently, and it created an opportunity for retailers to diversify the fulfillment processes and scale operations.”

Key findings from the survey include:
  • Online shopping is here to stay. More than half (54%) of consumers are shopping more online than in 2020, with a third saying they shop online a few times a week. At the same time, consumers are warming up to in-store shopping: 63% said they are willing to shop in-store without fear of exposure to Covid-19.
  • Self pickup gains steam. Curbside pickup (24%) and BOPIS (36%) are top shopping services consumers demand, according to the survey.
  • Delivery expectations ease. Half of Americans now consider three to four days a reasonable delivery time frame, according to the survey, with 60% of respondents willing to seek products from other brands or retailers if they experience longer delivery times.
  • Inflation affects buying decisions. Forty percent of consumers stopped purchasing unneeded items due to inflation, more than a third (34%) delayed less-important purchases, and 26% opted for bundled purchases to lower fees or shipping costs.

The Latest

More Stories

team collaborating on data with laptops

Gartner: data governance strategy is key to making AI pay off

Supply chain planning (SCP) leaders working on transformation efforts are focused on two major high-impact technology trends, including composite AI and supply chain data governance, according to a study from Gartner, Inc.

"SCP leaders are in the process of developing transformation roadmaps that will prioritize delivering on advanced decision intelligence and automated decision making," Eva Dawkins, Director Analyst in Gartner’s Supply Chain practice, said in a release. "Composite AI, which is the combined application of different AI techniques to improve learning efficiency, will drive the optimization and automation of many planning activities at scale, while supply chain data governance is the foundational key for digital transformation.”

Keep ReadingShow less

Featured

manufacturing job growth in US factories

Savills “cautiously optimistic” on future of U.S. manufacturing boom

The U.S. manufacturing sector has become an engine of new job creation over the past four years, thanks to a combination of federal incentives and mega-trends like nearshoring and the clean energy boom, according to the industrial real estate firm Savills.

While those manufacturing announcements have softened slightly from their 2022 high point, they remain historically elevated. And the sector’s growth outlook remains strong, regardless of the results of the November U.S. presidential election, the company said in its September “Savills Manufacturing Report.”

Keep ReadingShow less
dexory robot counting warehouse inventory

Dexory raises $80 million for inventory-counting robots

The British logistics robot vendor Dexory this week said it has raised $80 million in venture funding to support an expansion of its artificial intelligence (AI) powered features, grow its global team, and accelerate the deployment of its autonomous robots.

A “significant focus” continues to be on expanding across the U.S. market, where Dexory is live with customers in seven states and last month opened a U.S. headquarters in Nashville. The Series B will also enhance development and production facilities at its UK headquarters, the firm said.

Keep ReadingShow less
container cranes and trucks at DB Schenker yard

Deutsche Bahn says sale of DB Schenker will cut debt, improve rail

German rail giant Deutsche Bahn AG yesterday said it will cut its debt and boost its focus on improving rail infrastructure thanks to its formal approval of the deal to sell its logistics subsidiary DB Schenker to the Danish transport and logistics group DSV for a total price of $16.3 billion.

Originally announced in September, the move will allow Deutsche Bahn to “fully focus on restructuring the rail infrastructure in Germany and providing climate-friendly passenger and freight transport operations in Germany and Europe,” Werner Gatzer, Chairman of the DB Supervisory Board, said in a release.

Keep ReadingShow less
containers stacked in a yard

Reinke moves from TIA to IANA in top office

Transportation industry veteran Anne Reinke will become president & CEO of trade group the Intermodal Association of North America (IANA) at the end of the year, stepping into the position from her previous post leading third party logistics (3PL) trade group the Transportation Intermediaries Association (TIA), both organizations said today.

Reinke will take her new job upon the retirement of Joni Casey at the end of the year. Casey had announced in July that she would step down after 27 years at the helm of IANA.

Keep ReadingShow less