Supply chain investment can position retailers in an up or down market
REPOST: Phil Wahba, Fortune
Home Depot is currently the #4 e-commerce retailer with $6.5B in online sales for 2016. They find investment in their supply chain positions them to win in a strong housing market as well as in a slow down. This week they informed their investor community that for the next three years they are planning to nearly double their current investment in supply chain and e-commerce to assure continued strong growth. The plan at Target is similar; after the 2016 Holiday performance, they committed to a three-year $7B investment into their supply chain, store and digital improvements.
Continue reading: Home Depot Is Doubling Its Spending on Stores, Workers and E-Commerce