Best Buy

Bala Subramanian will focus more on digital connections than predecessor Juan Perez.

Some 1,500 supply chain professionals met at FourKites Visibility 2021 to discuss the present and future of visibility in supply chains.

UPS is buying Roadie, a same-day delivery firm, as it seeks to expand its package delivery options to customers.

Amazon is reportedly looking to open physical store locations in at least two states.

The parent company of Saks OFF 5TH, the discount designer retailer, will spin off its e-commerce business in a new entity with fresh funding from Insight Partners.

Offering speed enables retailers to build scale and density, but only if expectations are appropriately set and delivered on as promised.

The Federal Communications Commission is sued over a decision that could affect progress in truck platooning communications.

Amazon will begin testing in-home setup of furniture and appliances.

As Amazon continues to dominate e-commerce, major retailers are stepping up their investments hoping to benefit from shifting consumer demands.

Best Buy is shrinking its retail footprint in several locations as it moves to using stores for e-commerce order fulfillment operations.

Recent analysis from Gartner shows retailers with more than 50% of revenue from the online channel have logistics costs as a percentage of sales that are almost double those of their store-focused counterparts.

Partly blaming the COVID-19 pandemic, Best Buy Co. will close all remaining 41 stores in Mexico by Dec. 31.

Service to help retailers execute next-day, 2nd day deliveries on late online orders.

With peak season just around the corner, the LoadStar reports “turmoil” and “chaos” in all UK ports; A call with investors has revealed that investment in supply chain and rising transportation costs ate into Best Buy’s margins last quarter, but sales increased overall; and more in Today’s Pickup.

Morgan Stanley says that shippers with low gross margins, bulky merchandise, and relatively low cost of goods sold who outsource their transportation needs are at the mercy of rising freight costs and will face EPS headwinds in 2018.