From and Albertson Companies online news release:
“The micro-fulfillment center model is a key element in the store of the future,” said Vivek Sankaran, Albertsons Companies President and Chief Executive Officer. “It combines the efficiency of automation with the ease of meeting customers when and how they want to shop. In working with Takeoff, we can evolve how the MFC ties into our store and e-commerce ecosystems and accelerate our path to best serve our customers.”
December 12, 2019 – Albertsons Companies and Takeoff Technologies are teaming up to collaborate on the future of grocery micro-fulfillment centers (MFC). The two companies have decided to form a strategic partnership with dedicated teams to collaborate on the evolution of the microfulfillment capabilities to drive the future of e-commerce order fulfillment.
Albertsons Cos., which operates stores in 8 out of 10 of the largest MSA’s in the United States, has also agreed to purchase additional MFCs from Takeoff and is evaluating market expansion opportunities. Albertsons Cos. and Takeoff worked closely together on the successful implementation of the company’s first MFC in South San Francisco in October 2019.
To read more: https://www.albertsonscompanies.com/newsroom/12-12-19-albertsons-companies-takeoff-develop-strategic-partnership.html
ThredUp, which sells brands ranging from American Eagle Outfitters to Burberry, may prove to be a beneficial partner to many retailers. A separate report from Accenture Strategy and Fashion For Good found that recommerce operating margin for the luxury, premium and mid-market sectors was 39%, 28% and 22%, respectively.
platform ThredUp.
Wall Street Journal corporate bureau chief Marcelo Prince explains the competition between retailers Amazon, Target and Walmart to provide one-day shipping to customers during the holiday season.
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