Dennis Green, provided by Published 3:59 pm PST, Tuesday, March 5, 2019 Getty/Helen H. Richardson Target said in its latest earnings report it fulfilled nearly three out of every four digital orders through its stores in some way, contributing to 31% growth online for the quarter. Target has heavily invested in new initiatives to create an experience that centers stores as the center of the customer experience, even when customers never actually set foot in the building. It leverages Target's store footprint, which both cuts costs and give customers more options to get their orders. Online-only competitors like Amazon can't cash in on this strategy — yet. Target's stores are taking center stage. In the company's latest earnings report, Target says it fulfilled nearly three out of every four digital orders through its stores in some way. Target started shipping more orders directly from stores to customers, making it cheaper for the company and quicker for the … [Read more...] about One stat in Target’s earnings proves stores are still the biggest defense against Amazon
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Tom Krisher, Ap Auto Writer Updated 4:01 pm CST, Friday, March 1, 2019 FILE- In this July 6, 2018, file photo, prospective customers confer with sales associates as a Model 3 sits on display in a Tesla showroom in the Cherry Creek Mall in Denver. Tesla is suffering one of its worst sell-offs of the year after announcing it would begin closing all of its stores in favor of selling its electric cars exclusively online. The goal is to allow Tesla to lower the price of its Model 3, the vehicle that CEO Elon Musk envisions as the company’s first mass-market vehicle. less FILE- In this July 6, 2018, file photo, prospective customers confer with sales associates as a Model 3 sits on display in a Tesla showroom in the Cherry Creek Mall in Denver. Tesla is suffering one of its ... more Photo: David Zalubowski, AP … [Read more...] about Tesla’s online-only sales approach comes with big risks
(Reuters) - Walmart Inc and logistics firm Deliv pulled the plug on a key same-day grocery delivery partnership, dealing a setback in the retailer’s race against rival Amazon.com Inc to deliver groceries to customers’ homes. FILE PHOTO: Walmart's logo is seen outside one of the stores in Chicago, Illinois, U.S., November 20, 2018. REUTERS/Kamil Krzaczynski/File Photo The world’s largest retailer began bolstering its partnerships with third-party courier firms to reach consumers in 100 U.S. cities last year, after failing to use Uber and Lyft to deliver groceries, and struggling in its attempt to use its own employees to deliver goods. Deliv, which was one of Walmart’s earliest partners with pilot programs in Miami and San Jose, served the retailer with a 90-day termination notice, and the two companies stopped working with each other in late January, according to two people familiar with the situation. Walmart confirmed the previously unreported … [Read more...] about Exclusive: Walmart, Google-backed Deliv end online grocery partnership
Apple’s head of retail, Angela Ahrendts, is leaving the company. In her five-year tenure, she spearheaded major changes to Apple’s retail division, including a store redesign and integration between online and physical sales. But there were also several missteps, including crowded stores, and public opposition to new Apple locations. At Apple, the head of retail is a major, public-focused position. While Apple is a technology company, its stores – more than 500 across the world – are one of the main places where the company can speak directly to customers, fix their issues, and convince them to buy new Apple computers. In fact, Apple’s senior vice president of retail, Angela Ahrendts, is fond of calling Apple stores the company’s “biggest product.” Most of Apple’s full-time employees work in its stores. But now, Ahrendts is out. In an announcement on Tuesday, Apple said that Ahrendts would be leaving, … [Read more...] about Angela Ahrendts transformed Apple’s stores. But will the changes stick?
Sections SEARCH Skip to content Skip to site index Technology Subscribe Log In Log In Today’s Paper Technology | Chief of Apple Stores Is Leaving After 5 Years in the Job Supported by ByJack Nicas Feb. 5, 2019 Angela Ahrendts, the former Burberry chief hired by Apple five years ago to oversee its stores, said Tuesday that she will leave the company in April. The departure is an unusual move for a top executive at Apple, which is facing retail challenges as sales in China have dropped and iPhone sales have turned sluggish. Ms. Ahrendts, 58, was one of Apple’s most prominent hires when the Silicon Valley company lured her from Burberry with an initial $73 million pay package in 2014. She had spent eight years as Burberry’s chief executive and was credited with expanding it into an international fashion brand. Over five years, Ms. Ahrendts was among Apple’s highest-paid executives, earning … [Read more...] about Chief of Apple Stores Is Leaving After 5 Years in the Job