In South Korea, Tesco has a chain called Home plus that has become the second largest retail chain in the nation. The 115-store chain consists of big discount hypermarkets similar to Walmart in merchandise, but also similar to mini-malls in that they feature numerous independently-operated smaller stores like travel agencies, fast food, and bookstores that lease the space from Tesco.
What caught my attention, however, is Home plus’s e-commerce… Continue reading
Well, last week I complained that we hadn’t received any snow yet this winter, and this morning I woke up to about an inch of snow on the ground, with more snow forecast for tomorrow. Today, I am lamenting the fact that in all of my adult years, I have yet to win the lottery. Just saying.
As expected, this week’s news was dominated by retail-related items.
More than a decade ago, our family started ordering our groceries from an online grocer that delivered right to our house. In fact, they put a full-size refrigerator in our garage so that perishable food would not spoil while we were at work. We loved it. Then the company went broke. They’re gone, but we still have the refrigerator.
A fair number of online grocers came and went. But… Continue reading
On August 30th, O’Reilly Auto Parts gave a presentation to financial analysts from one of its distribution centers (DCs) in Kansas City, Missouri. This signaled that the company considers distribution excellence to be a core differentiator, a message that comes out loud and clear when you look through the presentation the company gave.
O’Reilly Auto Parts is an auto parts retailer with $5.6 billion in sales over… Continue reading
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Guest Commentary: How Flexible Distribution Has Supported Overstock.com’s Rapid Growth
I think one of the toughest tests for a WMS implementation team is supporting a high growth retail customer through its busy season, which is what we did with Overstock.com during the December busy season in 2002 and 2003. In 2002 Overstock.com had annual revenues of $92 million. By 2010 the company had grown to $1.1 billion. Although Overstock.com’s growth has dramatically changed its product mix and distribution processes… Continue reading
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