Did COVID kill retail stores? It’s complicated
States with the largest e-commerce gains over the past year were also among those with the smallest in-store declines 700 5 minutes read Using data from consumer tracking firm Commerce Signals, the idea that e-commerce sales significantly hurt in-store sales during COVID-19 may not be completely accurate. (Photo: iStock)
A general assumption that state restrictions because of COVID-19 drove consumers from retail stores to online sales may not be completely accurate, according to a data analysis. While e-commerce sales skyrocketed in 2020, and in-store sales declined across the board, data from Commerce Signals indicates that some of the states with the largest percentage increases in e-commerce sales also saw among the smallest declines in in-store sales.
Ox set to grow after landing $3.5M seed round
Company is using augmented reality to help sellers improve the order picking process and keep pace with e-commerce growth 363 3 minutes read A worker uses the Ox augmented reality order fulfillment system to see the item he should be scanning. (Photo: Ox)
“I realized that in order to keep up with the massive and ever-growing retail market, traditional supply chains needed help catching up to the competition,” said Charu Thomas, founder and CEO of Ox. “This is when I began developing an AR platform for warehouse order picking. I had previously worked in a warehouse, so I knew how to best optimize the systems that were already in place while using my background in hardware prototyping and software development to create something entirely new. Ox provides its customers with a seamless experience for maximizing efficiency in all areas of fulfillment, from tailored onboarding of employees to real-time built-in associate me
FreightWaves bringing F3: Future of Freight Festival to Chattanooga in November
In-person festival celebrating the freight industry will take place at 30 locations around the Tennessee city
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FreightWaves in-person events quickly became known for their trendsetting experiences since their launch in 2018, but the COVID pandemic forced a change in 2020. While the company switched to virtual events last year, the same on-site experience was missing.
It won’t be later this year. FreightWaves will open the doors to an in-person event with F3: Future of Freight Festival.
FreightWaves will be bringing the F3: Future of Freight Festival to its home city of Chattanooga, Tennessee, on Nov. 8-10. Several thousand freight executives, supply chain leaders and industry stakeholders are expected to descend on Chattanooga – named one of America’s most livable cities – for the in-person event, which will take place not at one location like many events but throughou