business news in context, analysis with attitude

Digiday reports that as Target reported 5.7 percent same-store sales growth for November and December, up from 3.4 percent growth for the same period a year ago, it also said that its click-and-collect service handled 60 percent more items than a year ago during the holiday season.

The story says that “according to the company, digital sales growth of 29 percent in the November-December period was driven entirely by store-fulfilled digital sales.”

The Digiday story notes that “store pickup lets legacy retailers like Target repurpose physical stores into fulfillment and delivery hubs. Neil Saunders, managing director of GlobalData Retail, said store pickup reduces the burden of a costly direct-to-consumer delivery business. It’s a service large retailers like Home Depot, Walmart and CVS have invested in as well. According to a recent Zebra Technologies poll of retailers, 86 percent of those surveyed felt ‘buy online, pickup in store’ will soon become the default delivery method for customers.”

• The Washington Post reports that Amazon “is planning to use its massive cloud computing service to jump into the streaming market for video game play … The service, which could potentially bring top-notch titles to virtually anyone with a smartphone or streaming device, could make Amazon a major competitor in the space already in play by Microsoft and Google.”

According to the story, “While most big-budget video games require users to own a gaming console or a computer to run, Amazon’s reported streaming service would live on the tech giant’s cloud network, freeing customers to play elaborate, robust games even on their mobile devices, the report said. The service is slated to launch next year.”
KC's View: