KHD Buzz – Scalpers Playing Grinch Again, UPS Struggling With Holiday Demands and More
Walmart’s McMillon Says Walmart+ is Growing Fast
Walmart+ is the ‘Amazon Prime alternative’ launched by the retail giant earlier this year. And according to CEO Doug McMillon, growing its increasing membership base is a major priority for the company in 2021. Read More
Scalper Bots Gobbling Up Any PS5 Available Online Long Before Human Consumers Can
And speaking of Walmart if you were hoping the retailer – and any major retailer for that matter – could help you score that PS5 your family are searching for before Christmas you will almost certainly be out of luck.
According to a Reuters’ report scalpers’ bots are snapping any units that appear online fast, and the units they score are being sold on auction sites for as much as four times the gaming console’s retail value. Read More
UPS Struggling to Keep Up with Online Retail Delivery Demands
With holiday shipping volumes typically 30 to 40 percent higher than at other times of the year, the pandemic-fueled growth of online purchases this season is already pushing distribution networks to the limit.
On Cyber Monday, UPS instructed drivers across the U.S. to temporarily stop picking up packages at six retailers — Macy’s, Nike, Gap, L.L. Bean, Hot Topic and New Egg — after their shipments exceeded volume agreements. Read More
Report: Senior Retail Execs Out of Touch with Holiday Consumers’ Shopping Needs
A new report based on a large nationwide survey suggests that senior retail executives are misunderstanding what is driving consumers’ online and in-store shopping preferences this holiday season, and being ‘out of touch’ in this way is likely to cost some big retailers dearly. Read More.