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3PL Logistics Trends and News
Abercrombie’s Growth, AI Holiday Trends, and E-commerce Boost
Abercrombie & Fitch saw a 16% growth in 2023, reaching $4.3 billion in sales under CEO Fran Horowitz. Salesforce predicts 63% of Western consumers will shop on Chinese apps like Temu and Shein in 2024, with 53% using AI for gift ideas. Global e-commerce is...
Canadian Retail Growth, Warehouse Drones, and Warehouse Automation Growth
Canadian retail sales grew 2.7% in April, with discretionary spending up only 0.5%. Swiss sportswear brand On uses Verity’s warehouse drones to boost inventory visibility. Canadian shoppers are reluctant to adopt new retail tech and wary of social media ads, says...
Canadians Seek Value, Drone Delivery Costs, and Tech in Supply Chains
PwC Canada's 2024 survey reveals 44% of Canadians see inflation as the top threat, with 43% ready to switch to brands offering better value. Despite advances, drone delivery remains unprofitable for companies like Walmart, Amazon, and DoorDash. Alithya Group Inc.'s...
