Skip to content
Search AI Powered

Latest Stories

Omnichannel investments create ‘hybrid’ shoppers

Consumers continue to shop online, but seek in-store pickup options as Covid-19 fears ease, survey shows.

cyber-monday-ge219cd4f0_640.jpg

Retailers’ omnichannel investments over the past two years have created a “hybrid” shopper, as consumers blend e-commerce with in-store pickup options for ease and convenience, according to a consumer insights survey from e-commerce logistics company Radial.


Radial surveyed 1,000 U.S. adults about their retail buying habits as well as the impact of shipping delays and inflation on their brand experiences. The company found that most adults will continue to shop online, taking advantage of curbside pick-up and buy online, pick up in store (BOPIS) options that have become commonplace over the past two years.

“E-commerce and omnichannel fulfillment services have become part of retail’s DNA, and require continued investment from retailers and brands,” according to Laura Ritchey, executive vice president and COO of Radial. “The implementation of digital capabilities does not stop when the pandemic ends–e-commerce is constantly evolving, along with consumers’ preferences, and brands need to follow suit. Services like buy online, pick up in store and curbside pickup have become channels for consumers to get products more conveniently, and it created an opportunity for retailers to diversify the fulfillment processes and scale operations.”

Key findings from the survey include:
  • Online shopping is here to stay. More than half (54%) of consumers are shopping more online than in 2020, with a third saying they shop online a few times a week. At the same time, consumers are warming up to in-store shopping: 63% said they are willing to shop in-store without fear of exposure to Covid-19.
  • Self pickup gains steam. Curbside pickup (24%) and BOPIS (36%) are top shopping services consumers demand, according to the survey.
  • Delivery expectations ease. Half of Americans now consider three to four days a reasonable delivery time frame, according to the survey, with 60% of respondents willing to seek products from other brands or retailers if they experience longer delivery times.
  • Inflation affects buying decisions. Forty percent of consumers stopped purchasing unneeded items due to inflation, more than a third (34%) delayed less-important purchases, and 26% opted for bundled purchases to lower fees or shipping costs.

The Latest

More Stories

legal scales and gavel

FMCSA rule would require greater broker transparency

A move by federal regulators to reinforce requirements for broker transparency in freight transactions is stirring debate among transportation groups, after the Federal Motor Carrier Safety Administration (FMCSA) published a “notice of proposed rulemaking” this week.

According to FMCSA, its draft rule would strive to make broker transparency more common, requiring greater sharing of the material information necessary for transportation industry parties to make informed business decisions and to support the efficient resolution of disputes.

Keep ReadingShow less

Featured

pickle robot unloading truck

Pickle Robot lands $50 million in VC for truck-unloading robots

The truck unloading automation provider Pickle Robot Co. today said it has raised $50 million in venture capital and will use the money to accelerate the development of new feature sets and build out the company’s commercial teams to unlock new markets and geographies.

The “series B” funding round was financed by an unnamed “strategic customer” as well as Teradyne Robotics Ventures, Toyota Ventures, Ranpak, Third Kind Venture Capital, One Madison Group, Hyperplane, Catapult Ventures, and others.

Keep ReadingShow less
chart of trucking conditions

FTR: Trucking sector outlook is bright for a two-year horizon

The trucking freight market is still on course to rebound from a two-year recession despite stumbling in September, according to the latest assessment by transportation industry analysis group FTR.

Bloomington, Indiana-based FTR said its Trucking Conditions Index declined in September to -2.47 from -1.39 in August as weakness in the principal freight dynamics – freight rates, utilization, and volume – offset lower fuel costs and slightly less unfavorable financing costs.

Keep ReadingShow less
chart of robot use in factories by country

Global robot density in factories has doubled in 7 years

Global robot density in factories has doubled in seven years, according to the “World Robotics 2024 report,” presented by the International Federation of Robotics (IFR).

Specifically, the new global average robot density has reached a record 162 units per 10,000 employees in 2023, which is more than double the mark of 74 units measured seven years ago.

Keep ReadingShow less
person using AI at a laptop

Gartner: GenAI set to impact procurement processes

Progress in generative AI (GenAI) is poised to impact business procurement processes through advancements in three areas—agentic reasoning, multimodality, and AI agents—according to Gartner Inc.

Those functions will redefine how procurement operates and significantly impact the agendas of chief procurement officers (CPOs). And 72% of procurement leaders are already prioritizing the integration of GenAI into their strategies, thus highlighting the recognition of its potential to drive significant improvements in efficiency and effectiveness, Gartner found in a survey conducted in July, 2024, with 258 global respondents.

Keep ReadingShow less