Report: Wegmans, Publix prepare for battle in Virginia
As Publix expands its geographic footprint, competing with a player like Wegmans will likely make Publix more innovative and creative when it comes to designing its new stores and services. (Tampa Bay Business Journal)
BJ’s taps CommerceHub for next phase of e-commerce growth
ALBANY, N.Y. — BJ’s Wholesale Club has selected CommerceHub to enhance the retailer's e-commerce supply chain by allowing it to sell suppliers' goods online without holding inventory.
“We’re committed to delivering uncompromising value to our Members, and CommerceHub is a strong partner,” said Jackie Cunningham, vice president of e-commerce at BJ’s Wholesale Club. “Its simplified platform, robust technology, and extensive network allow CommerceHub to help us manage our existing network and onboard new vendors as we continue to meet our Members’ unique demands.”
BJ’s, an operator of membership warehouse clubs in 15 states from Maine to Florida, selected CommerceHub to implement its virtual inventory solution. The platform will coordinate the process of buying, storing and shipping inventory from CommerceHub’s network of approximately 9,500 drop-ship suppliers that receive orders and ship products directly to consumers. BJ’s says it intends to also deploy CommerceHub’s customer-centric performance measurement capability which helps provide greater visibility and control over supplier network compliance for on-time shipments and deliveries.
“The pace of commerce means consumers expect to move easily between online and offline,” said Frank Poore, president and CEO of CommerceHub. “We grasp the specialized needs of BJ’s connected membership base. Establishing the infrastructure to offer the right products and smoother delivery allows us to mirror their members’ offline experience across channels, adding another dimension to the retailer’s already multi-faceted offerings.”
BJ’s joins a vibrant network of trading partners, which in 2015 powered an estimated $11.6 billion in gross merchandise value (total economic value of goods) through CommerceHub’s platform.
Target to open ‘flexible’format’ store in Manhattan
Target Corp. confirmed Thursday on its website that it will open its third Manhattan "flexible-format" store in summer 2018.
The space will feature 24,735 square feet on the ground floor and another 17,632 square feet on a lower level.
According to reports, Target has signed a 30-year lease at 500 East 14th Street on the corner of Avenue A, part of a two-building being developed by Extell Development, which will include 150 apartments and two retail spaces.