Delivered: Last-Mile Industry Roundup (Nov 22, 2019)

Every week, we take a look at the best news stories related to all things last-mile delivery in our Last-Mile Industry Roundup.

Feature Story — November 22, 2019

CNBC | Target announces huge delivery and pickup gains

Overview

On their earnings call Wednesday, Target announced digital sales were up 31%, with “same-day services” accounting for 80% of that growth. Those services include curbside and in-store pickup as well as same-day delivery through Shipt.

On the call, CEO Brian Cornell also reported the margins for deliveries fulfilled directly from store are considerably higher due to 40% cost savings. This is an area where Target and Walmart currently have a considerable footprint advantage over Amazon.

Read the full story here.

Other stories from this week

• Progressive Grocer | H-E-B and Favor Show How the Gig Economy Is Done
• Bloomberg | DoorDash Considers Direct Stock Listing Instead of IPO
• TechCrunch | India’s Swiggy Now Has Network of 1,000 Cloud Kitchens
• TechCrunch | Bolt Bikes Launches E-Bike Subscriptions For Gig Delivery