Warehouse/DC: The Changing Metrics of Retail Success

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XPO Logistics heralds record number of Drive XPO downloads Seattle-based FreightWeb makes market entrance, with a sharp focus on partial truckload transport Diesel prices drop for fourth straight week, average falls under $3 per gallon Warehouse/DC: The Changing Metrics of Retail Success Coronavirus situation presents no shortage of things to worry about within the global supply chain More News In this "Making the Case" guide, we highlight the various benefits of utilizing lithium-ion batteries in the warehouse and DC and prove that they are no longer in the "early adopter" phase. All Resources Target is strong. Kohl’s is weak. Meanwhile, Walmart is building a new retail empire. However, “We could go away at any minute,” said Walmart CEO Doug McMillon in mid-November. And then he added at that CNBC event: “I didn’t understand how much of a digital transformation was needed (when I first started). That is still underway.” McMillon became CEO in 2014. The carnage in brick-and-mortar retail is staggering. Roughly 20,000 stores have closed in 36 months. And according to UBS, another 75,000 will close by the end of 2026. Nothing but doom and gloom for retail? Hardly. The National Retail Federation called well in advance of this past holiday season for at least a 4% increase in sales. That’s in a 2% economy. Clearly, retail is doing something right. But who knows what “right” is any longer. Quite simply, the metrics of success are changing. Total retail sales still matter. But that metric is one of the few constants in a world turning itself inside out. As McMillon said, the digital transformation of retail is incomplete. Very much so. No expert pegs e-commerce sales at more than 15% of the total with many saying it’s more like 10% or 11%. E-commerce was just 4% of retail […]