There's much talk today about the shipping wars between big-box retailers Walmart and Target and e-commerce giant Amazon. But Best Buy has likewise been chipping away at its delivery strategy for the past few years.
. But Best Buy has likewise been chipping away at its delivery strategy for the past few years. It started shipping online orders from stores in 2014. Now it has three modern warehouse facilities, known as "metro e-commerce centers," up and running to help with the process. It should put the company in a more competitive position ahead of the 2019 holiday season.
's supply chain division to join Best Buy in 2013. Before that, he was an airline pilot. And now, he's spearheading Best Buy's latest logistics push, having laid out a plan for Joly during his recruiting process that incorporated ways to get online orders to customers more quickly, reduce out-of-stocks in stores and even cut back on excess cardboard — an issue that's proliferated in the industry with e-commerce's ascent.
Best Buy hasn't quantified exactly how much money it's spending on logistics. But a spokesperson said the percentage of capital it has set aside for projects in fiscal 2019 and 2020 is at least two times what it's used in the past.Source: CNBC, Lauren Thomas "Based on the product cycles, we work to put the right things in here," Bass said, during the recent interview. "Today HP laptops are flying out the door because we have a sale going on."
Best Buy has also said that at any given time, about 40% of its online orders are picked up at stores, which includes people using a curbside pickup option. According to Bass, the company is thinking about where it will open additional metro e-commerce centers next. But those plans likely won't solidify until after this holiday season is behind it.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Walmart just launched its Labor Day sale early: Here are the 13 best dealsYou don't have to wait until the long weekend to score some of the best Labor Day deals.
Read more »
Top Nordic Sustainable Fashion Brands - Buy Less, Buy Better - NSMHere are Nordic brands working for sustainability that need to be on your radar this fall, including nudiejeans, arketofficial and Filippa_K!
Read more »
What to Watch: Buy, Buy Britain: Pre-Brexit Pound Could Be a Boon for BuyersWhile the run-up to the Brexit deadline will likely be the most stressful few weeks the U.K. has witnessed in decades, there will be an upside — for bargain hunters, that is. 🔓
Read more »
How to save money when you buy a new iPhoneWait for the new models to get announced, consider trade-ins, look for good sales and know where and when to sell your old phone.
Read more »
Amgen to buy Celgene psoriasis drug Otezla for $13.4 billionAmgen Inc will buy Celgene Corp's psoriasis drug Otezla for $13.4 billion i...
Read more »
Zella Leggings Are Great — Here's How to Know Which Ones You Should BuyHere's how to know which pair of Zella leggings is right for you.
Read more »