Amazon said it has more than 110 active fulfillment centers in the US and more than 185 centers globally. lnkd.in/ecVJsu3
Merry Christmas!
More than 90,000 packages are stolen every day in New York City, and 1.7 million packages throughout the US lnkd.in/eSKGYyw
Amazon is cherry picking the densest delivery zip codes - very smart and devistating to USPS, FedEx and UPS lnkd.in/ejDKDTZ
Look for shares of FedEx and UPS to come under pressure after this report lnkd.in/eWY_XnH
Kroger was downgraded by Jefferies to hold from buy due to what they believe was a key mistake: investing in centralized fulfillment centers instead of micro-fulfillment. Instead, it should be following Walmart's lead, according to a Thursday note. lnkd.in/ddhW7mB
Rent the Runway, the billion dollar clothing rental service trying to transform how women shop, has stopped accepting new customers in the wake of an operations breakdown that resulted in tons of canceled orders and a customer service meltdown. lnkd.in/erazA2d
A real possibility the U.S. will leave the UPU on Oct. 1 if the upcoming vote goes against the US. Every single e-commerce seller will have to adjust strategy and small shippers are at risk of higher rates and limited access to international markets lnkd.in/edRf56v
Amazon’s Next-Day Delivery System Has Brought Chaos And Carnage To America’s Streets — But The World’s Biggest Retailer Has A System To Escape The Blame lnkd.in/ehvPCZ8
For years, WalMart has been automating their warehouses. Now that automation has reached the store shelves. lnkd.in/eycvt-g
The trucking industry is already in a recession. The question for investors is, however, does freight industry weakness presage a full-blown economic downturn? lnkd.in/gVyY2hq
Kohl’s visits rose 24% in the three weeks after all of its locations started accepting Amazon returns. “Micro" visits lasting under five minutes increased the most while those lasting longer than 16 minutes rose by 14% a potential sales lift for Kohl's. lnkd.in/d4sAX7U
Seriously, is anybody really surprised that Walmart is most likely in the process of dumping many of the ill-fitting niche e-commerce brands it bought, while internally there’s a power struggle over who’s really going to run the company’s internet busines lnkd.in/ev6uiHW
Barrett is using Locus Robotics’ order picking robots to fill orders at its facility in Franklin, MA. “This most recent busy season we were able to utilize the bots to ship a record number of packages with less head count than we’ve had before,” lnkd.in/etTXAE3
A theft ring in Washington state sold millions of dollars' worth of stolen goods on Amazon.com in the past six years, and a pair of Amazon delivery drivers was involved, recently unsealed federal court documents show. lnkd.in/eKCNC7Q
Criminals are starting to use deepfakes — starting with AI-generated audio — to impersonate CEOs and steal millions from companies with deepfaked audio of different chief executives used to trick senior financial controllers into transferring cash. lnkd.in/eg3rMd9
In a time of increasing pressure for the retail industry, luxury retailers have been somewhat less affected by store closures and shrinking margins but they have not been immune to the exponential growth of online shopping. lnkd.in/e9gHhKc
As Amazon grows more profit-conscious, it is making sure grocery brands cover losses on low-priced products sold during Prime Day, one of its biggest sales events of the year. lnkd.in/eHcW_sF
Less than a decade after Amazon broke into the logistics industry, it has become its own biggest shipper lnkd.in/e_4DcCQ
Over the last decades, Walmart and Amazon have carved out their own territories. Walmart reigns over redder, more rural and lower-income America, while Amazon commands the larger, liberal metros. But now they are stepping up their fight for market share. lnkd.in/eSqgaNf
Uber Freight’s findings include that the most important factor in informing carrier and driver ratings is speed”. ‘Fast loading’ was cited in 37.1 percent of all reviews, more than twice as often as the next most popular indicator, ‘friendly service.’ lnkd.in/eZgvHbs