SUPPLY CHAIN

FedEx gets ready for holiday push; expects Cyber Monday to be busiest day

BY Staff Writer

New York — FedEx expects to transport more than 22 million shipments around the world on Cyber Monday, Dec. 2, which it anticipates will be its busiest day in company history. The 11% year-over-year increase will be driven by online retailers feeding the FedEx Ground and FedEx SmartPost networks.

During the busiest week of the year, Dec. 1 – 7, FedEx expects more than 85 million shipments to move through its global networks. This is a 13% increase compared to last year’s busiest week. In addition to e-commerce, retail inventory such as personal consumer electronics, apparel and luxury goods will drive this increase in FedEx holiday volumes.

“Our workforce of more than 300,000 team members worldwide is ready to deliver the holidays once again this year,” said Frederick W. Smith, chairman, president and CEO of FedEx. “FedEx’s vast global network coupled with our broad suite of shipping solutions enable us to meet our customers’ every need during this busy time of the year.”

FedEx is responding to the continued boom in online purchasing with several new tools and solutions, including:

  • FedEx One Rate, a U.S.-based flat rate shipping option.
  • FedEx Delivery Manager, a service which allows U.S. package recipients to customize home deliveries to fit their schedules.

FedEx expects to increase its workforce with tens of thousands of seasonal positions to help handle the surge in holiday shipments.

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REAL ESTATE

Two new locations for Nordstrom Rack

BY Staff Writer

Seattle — Nordstrom announced two new locations for Nordstrom Rack, one in Columbus, Ohio, and one in Tulsa, Oak.

Nordstrom Rack will open at Sun Center in Columbus, Ohio. The approximately 37,890-sq.-ft. store is scheduled to open in spring 2014.

Nordstrom currently operates a full-line store in Columbus at Easton Town Center. The company opened the first Nordstrom Rack in the area at Easton Market on September 12, 2013.

Nordstrom Rack will open a 33,330-sq.-ft. store at Woodland Plaza in Tulsa, Okla., in spring 2014. It will occupy the former Bed Bath & Beyond location at Woodland Plaza.

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MARKETING/SOCIAL MEDIA

Shoppers Drug Mart and Beyond the Rack teaming up

BY Antoinette Alexander

Toronto — Shoppers Drug Mart is teaming up with Beyond the Rack, the online shopping club, to provide Shoppers Optimum members with exclusive deals on designer fashions and accessories.

Shoppers Optimum members are invited to join a new subscription-based retail website that offers exclusive savings and rewards on designer fashions and accessories. Those who register can receive special weekly product offers from Beyond the Rack while collecting 10 Optimum points on every dollar spent.

"We are always looking for new ways to reward Shoppers Optimum members, and partnering with Beyond the Rack allows us to offer amazing deals on designer fashions and accessories for our style-savvy shoppers," stated Mike Motz, executive VP and chief merchandising officer for Shoppers Drug Mart. "Gaining access to exclusive designer discounts while earning Shoppers Optimum points gives our members a unique and rewarding shopping experience."

Optimum members who register for the new program via the Shoppers Drug Mart website will receive weekly emails with exclusive shopping offers on designer merchandise, including fashion, electronics, jewelry and more. With discounts of up to 80%, Optimum-Beyond the Rack members will rack up 10 Shoppers Optimum points for every dollar spent on the new website to be redeemed on purchases at Shoppers Drug Mart. These members-only deals will last for seven days as opposed to the usual 48-hour deals currently offered by Beyond the Rack. Optimum-Beyond the Rack members will have access to deals on designer brands for up to 80% off.


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