September 23, 2021
One-Third Of All Digital Retail Sales Will Be Fulfilled By Stores

Nearly a third of all digital retail transactions will be fulfilled by a physical bricks-and-mortar location, according to new research from Colliers, as more and...

One-Third Of All Digital Retail Sales Will Be Fulfilled By Stores

September 22, 2021 | Lynn Pollack 

Nearly a third of all digital retail transactions will be fulfilled by a physical bricks-and-mortar location, according to new research from Colliers, as more and more online orders become connected to stores.  In 2020, just under 22% of digital sales were fulfilled by omnichannel methods.

“This continuity has compelled retailers to adapt their store operations to manage the influx,” a recent retail report released by the firm notes. “Supporting high volumes requires brick-and-mortar locations to accommodate a range of distribution and fulfillment options, prioritizing a dedicated space for packaging and shipping, in addition to having adequate staff to process and handle orders.”

That fulfillment could run the gamut from curbside pickup and in-store collection, both of which enjoyed a major boom during the pandemic, to direct shipment to consumers’ homes.  Target has reported that sales through its drive-up service went up by a staggering 600% last year alone.

Read the rest of this article.

Recent

ASHFORD SECURITIES EXPANDS TEAM WITH STRATEGIC HIRES

ASHFORD SECURITIES EXPANDS TEAM WITH STRATEGIC HIRES

Ashford Securities LLC strengthens its leadership team with dynamic new talent, signaling exciting developments in its national growth strategy and commitment to financial intermediaries—discover the seasoned professionals driving this next chapter.
Ken Carpenter Promoted to President of Madison Capital Group

Ken Carpenter Promoted to President of Madison Capital Group

"Ken has been an integral part of our leadership team as Chief Investment Officer, and I am confident he will guide the company with the same vision, integrity, and energy that have brought us to where we are today," — Ryan Hanks, Founder and Chief Executive Officer of Madison Capital Group.

Most Popular

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 10-3-2023 Blue Vault wishes to acknowledge and apologize for the delay in publishing some Q2 2023 NTR Individual Performance Pages (IPPs) as well as the full review. We recently added additional reporting metrics to our IPPs, and that, combined with coverage of all share classes and some additional…
Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 9-25-2023 Blue Vault has published the Q2 2023 Nontraded BDC Industry Review as well as Individual Performance Report and Limited Operations pages for the following offerings (newly published pages in bold font): Nontraded REITS American Healthcare REIT Q2 2023 Apollo Realty Income Solutions Q2 2023 (limited operations) Ares…

Explore

Blue Vault Logo
Don’t miss alts news
and educational events

Subscribe Now