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Wal-Mart Tightens Delivery Deadlines
Wal-Mart notified suppliers last week that it is imposing new delivery deadlines for merchandise heading to its distribution centers and it plans to penalize vendors for late deliveries. Vendors who deliver less than 90% of their loads on time during a month must now pay a 3% penalty. Journal of Commerce (2/8)
Consumers Party On for Major Brands
Call it a modern-day Tupperware party. Big, mass marketers like Microsoft, Kraft Foods, Ford, Verizon, Nestle and S.C. Johnson are going grassroots, enlisting consumers to throw parties in their homes to sell their products. BrandWeek (2/1)
Big Chains Discover The Power of Small
Retailers are taking note of Trader Joe's, Fresh & Easy and other stores that succeed with a smaller footprint and experimenting with the model to see if profit can be made. CNBC (2/8)
Sales Are Not the Main Goal for P&G's New Online Store
Procter & Gamble is testing a new online venue for selling its products called eStore, a venture designed to deliver lessons in online selling that P&G plans to pass on to other online retail partners. BrandWeek (2/7)
Consumers Want Better Retail Mobile Experience A recent survey shows that consumers' cross-channel expectations are high, even in tight economic times, and that they expect retailers to deliver a consistent experience across all channels, now including mobile.
CNNMoney (2/9)
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