Bringoz Industry Weekly 9/29

nline U.S. retail sales will increase to $1.8 trillion in 2029, representing 29.3% of of total retail sales. Retailers are getting ahead of the holiday season with major savings events. Supply chain leaders are investing in resilience to better withstand future disruptions. Read about these stories and more in our weekly industry news roundup.

Nearly three out of every 10 purchases by American consumers will be made online by 2029, according to projections from Forrester. The company projects that online U.S. retail sales will increase from $1.2 trillion in 2024 to $1.8 trillion in 2029, which will increase eCommerce’s share of total retail sales from 23.4% to 29.3%. The report also predicts that online grocery will see the fastest growth during the coming five years. Read more.

Retailers are getting ahead of the holiday season with major savings events next month. Amazon is gearing up for its Amazon Prime Big Deal Days Oct. 8-9. Prime members will get exclusive access to early holiday deals. Target announced the return of Target Circle Week Oct. 6-12, featuring seven days of deals with discounts up to 50% off on select items. Walmart is launching its first-ever Walmart Holiday Deals event Oct. 8-13, offering shoppers savings on a range of products. Read more.

A new report by RRD reveals that supply chain leaders are actively investing in resilience to better withstand future disruptions. The report found that 93% of leaders are confident in their supply chain’s ability to handle challenges. Despite ongoing issues like geopolitical instability, 97% of leaders plan to re-engineer their supply chains within the next two years. Key strategies companies are using to strengthen their supply chains include risk management, technology adoption, supply chain redesign, and outsourcing. Read more.

Expanding a distribution network is a pivotal step for businesses looking to grow their market reach and boost sales. As a business begins to expand, the demands on its distribution network can multiply exponentially. In the growing retail landscape, companies need to find ways to scale their distribution networks without sacrificing efficiency or customer satisfaction. Here’s a look at five tips to scale your distribution operations effectively. Read more.

Building resilience in your distribution network is crucial for maintaining an uninterrupted supply chain. Whether it’s natural disasters, global pandemics, or geopolitical issues, a resilient distribution network can help your business adapt, recover, and continue delivering products to your customers with minimal downtime. Here’s a look at some strategies to strengthen your distribution network, ensuring it remains robust under any circumstances. Read more.

Companies are increasingly investing in digital supply chain solutions to improve supply chain performance, increase operational efficiency, and improve cost savings. As supply chains become more complex, one key advantage stands out as a game-changer. Here’s a look at the key to help you manage your supply chain more effectively, improve customer experiences, and, ultimately, boost profitability. Read more.