Target

Retailers look to get suppliers’ prices lower

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-1’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-1’); });

Retailers to exert more pressure on CPG companies and other suppliersWalmart shares (black) have...

https://www.freightwaves.com/news/retailers-look-to-get-suppliers-prices-lower

Dirty Cargo Ships Delivered America’s Epidemic Shopping Haul

Credit: jakob-owens-unsplash

America’s pandemic shopping haul arrived on dirty cargo ships, reports a Canary Media news source.

Environmental toll of transporting goods

A new report assesses the environmental toll of transporting goods for Walmart, Target, Home Depot and other major U.S. retailers in the frenzied year of 2021.

Historic amounts of household goods and online impulse buys flooded U.S. ports in 2021, as the pandemic drove a surge in e-commerce sales and spurred more home-improvement...

https://mfame.guru/dirty-cargo-ships-delivered-americas-epidemic-shopping-haul/

No-code EDI provider Crstl announces national launch

The supply chain isn’t what it used to be. With more and more sales taking place online, retail brands have started to meet them there by digitizing their own processes, from order management to procurement.

When consumers first began to shift online, the problem among brands was reaching them there. But now, with the rise of marketplaces and online retail, brands have an incentive to digitize not just for customers but for other businesses.

Crstl, which announced its nationwide launch Tuesday,...

https://www.freightwaves.com/news/no-code-edi-provider-crstl-announces-national-launch

Target announces massive supply chain investment

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-1’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-1’); });

Last March, Target announced its plan for a logistics overhaul in 2022, following through with new...

https://www.freightwaves.com/news/target-announces-massive-supply-chain-investment

Target reimagines store design for e-commerce, same-day services

As being able to fulfill orders anywhere, anyhow has steadily become the expectation for brands, one of the United States’ largest retailers is overhauling its store design to meet it.

Target (NYSE: TGT) on Tuesday unveiled a new, larger model that will emphasize omnichannel fulfillment services, including same-day pickup, digital fulfillment and options like curbside and drive-up. The first new store debuted this week in the Houston suburb of Katy, Texas.

The new layout from Target is about...

https://www.freightwaves.com/news/target-reimagines-store-design-for-e-commerce-same-day-services

19 retailers committed to zero-carbon shipping fuels by 2040

A container ship is at the Port of Houston.

Cargo Owners for Zero Emission Vessels (COZEV) announced Thursday it gained 10 new retailers, bringing the total number of companies committed to switching all of their ocean freight to vessels that use zero-carbon fuels by 2040 to 19.

Zero-carbon fuels are expensive, if available at all right now. Building or retrofitting ocean vessels to run on those fuels also takes time and resources. 

The industry will need many demand signals such as large retailers joining COZEV to scale production,...

https://www.freightwaves.com/news/19-retailers-committed-to-zero-carbon-shipping-fuels-by-2040

It’s going to be a weird Christmas for Target, Walmart and Amazon

shopping at target

Our biggest retailers have way too much inventory and not enough consumer buzz. That’s a problem heading into the Christmas shopping season. 

Big box behemoths like Best Buy and Bed Bath & Beyond have bloated stockrooms and falling sales. Meanwhile, retailers like Amazon and Dollar General have seen an uptick in inventory value through this summer, according to their latest earnings reports — even as Wall Street begs companies to stop stocking up.

Companies struggled to keep inventory levels on...

https://www.freightwaves.com/news/its-going-to-be-a-weird-christmas-for-target-walmart-and-amazon

Target names McCarthy supply chain head; Valdez to retire

Target said it plans to spend $5 billion to expand its logistics operation in 2022

Retailing giant Target Corp. said on Wednesday it named Gretchen McCarthy as its new chief supply chain and logistics officer, effective immediately.

McCarthy (pictured) succeeds Arthur Valdez, who has retired from full-time duties but will stay on until April as a consultant. Valdez joined Target (NYSE: TGT) in early 2016 from Amazon.com Inc., (NASDAQ: AMZN) where he held high-level supply chain and logistics positions.

McCarthy, 42, who was also appointed executive vice president, assumes one...

https://www.freightwaves.com/news/target-names-mccarthy-supply-chain-head-valdez-to-retire

Despite billions in canceled orders, container imports stay near peak

Walmart said Tuesday that it had “canceled billions of dollars in orders to help align inventory levels with expected demand.” Target disclosed the following day that it had canceled over $1.5 billion in orders, and revealed that it had shipped in much of its back-to-school goods early.

Nevertheless, U.S. import activity keeps chugging along near all-time highs.

Unprecedented throughput at the nation’s terminals has not been enough to clear queues of waiting ships. As of Thursday morning, there...

https://www.freightwaves.com/news/despite-billions-in-canceled-orders-container-imports-stay-high

Target bets on same-day delivery with new sortation hubs in Chicago, Denver

Target storefront

Target (NYSE: TGT) on Monday announced the expansion of its sortation network by 50% with three new hubs, two in Chicago and one in Denver. The facilities are scheduled to open this year, bringing Target’s sortation center count up to nine.

In the pursuit of same-day shipping, the United States’ largest retailers have been lining up to buy transportation assets at an unprecedented rate. But the same-day delivery machine runs on much more than trucks and vans. While that capacity is needed for...

https://www.freightwaves.com/news/target-bets-on-same-day-delivery-with-new-sortation-hubs-in-chicago-denver

+ More
Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon
By subscribing, you agree with our privacy policy and our terms of service.