Latest news with #omnichannel
Globe and Mail
2 days ago
- Business
- Globe and Mail
Can DICK'S Sporting's Digital Push Power the Next Leg of Growth?
DICK'S Sporting Goods, Inc. 's DKS digital strategy has been a key growth driver. The company is making bold strides in digital transformation, firmly positioning itself as a leading omnichannel player in the sports industry. DKS' GameChanger platform and the Dick's Media Network are significant pillars fueling its long-term digital revenue streams. While GameChanger serves as a high-margin growth engine, Dick's Media Network is a retail media platform that capitalizes on the growing scorecard loyalty program and customer data ecosystem. Through GameChanger, the company engages with athletes beyond the traditional shopping experience, further reinforcing its dominance in sports. In first-quarter fiscal 2025, DKS recorded more than 6.5 million unique active users, with an average of approximately 2.2 million daily active users, reflecting 28% growth. DKS witnessed robust e-commerce results in first-quarter fiscal 2025, outpacing its overall growth. It achieved the largest Diamond Sports launches to date, complemented by an elevated, diversified assortment positioning DKS as the go-to destination for the new product. DICK'S Sporting's in-app capabilities have played a vital role in driving the success of its product launches across categories. The company is rapidly scaling its multi-billion dollar e-commerce business by fortifying its online presence and capturing market share from both online only and omnichannel retailers. DKS is making significant investments in technology to offer a seamless omnichannel experience to athletes and drive greater engagement across its digital platforms, including Its access to top-tier products from national and emerging brands, paired with premium in-store and digital experiences, will continue to bolster demand and solid sell-through on launches. DKS' Position Among Competitors As DICK's strengthens its position through a focused omnichannel strategy, it continues to face intense competition from retail heavyweights such as Inc. AMZN, NIKE, Inc. NKE and lululemon athletica inc. LULU. In the whirlwind of technological advancements, Amazon has emerged as a leading example of shaping digital infrastructure to build customer satisfaction. The company strategically leverages its AI-based technologies in sync with its broader digital-transformation actions. Amazon's renowned subscription service, Prime, started as a free two-day shipping and has evolved into a comprehensive platform offering streaming media, exclusive deals and other member benefits. Amazon's digital marketing strategy, including quick delivery options and adaptability to meet customer evolving needs, is a key catalyst of its revenue driver. As a global sports leader, NIKE continues to make substantial investments in its digital platform in a bid to drive customer engagements and higher revenues. NIKE transitioned to a push marketing approach at the start of fiscal 2025, and its digital platforms reflect an approximately equal balance between full-price and promotional sales. NIKE prioritizes a direct-to-consumer approach, with platforms like the Nike App, SNKRS App and other social media channels to boost direct consumer engagements and offer top personalized experiences. lululemon prioritizes e-commerce as a vital growth pillar, boosting digital investments to capture the increasing online demand. lululemon's initiatives aim at site development, enhanced omnichannel functionality and expanded fulfillment capabilities. The company is scaling services such as curbside pickup, same-day delivery, and buy online, pick up in-store while upgrading its mobile app to support these offerings. Store associates are also being trained to streamline digital-to-physical transactions, reinforcing lululemon's commitment to a seamless, high-touch customer experience across all channels. Digital revenues rose 6% year over year in first-quarter fiscal 2025. DKS' Price Performance, Valuation and Estimates Shares of DICK'S Sporting have lost 13.3% year to date compared with the industry 's decline of 5.1%. Image Source: Zacks Investment Research From a valuation standpoint, DKS trades at a forward price-to-earnings ratio of 13.24X compared to the industry's average of 16.75X. The Zacks Consensus Estimate for DKS' fiscal 2025 and fiscal 2026 earnings implies year-over-year growth of 2.4% and 7.1%, respectively. The company's EPS estimate for fiscal 2025 has been on the rise while that of fiscal 2026 has moved down in the past 30 days. DICK'S Sporting stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks' Research Chief Picks Stock Most Likely to "At Least Double" Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren't winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%. See Our Top Stock to Double (Plus 4 Runners Up) >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN): Free Stock Analysis Report NIKE, Inc. (NKE): Free Stock Analysis Report DICK'S Sporting Goods, Inc. (DKS): Free Stock Analysis Report lululemon athletica inc. (LULU): Free Stock Analysis Report
Entrepreneur
4 days ago
- Business
- Entrepreneur
Indian Retail Sector Embraces AI and Omnichannel Strategies to Drive Growth: Survey
Social media has emerged as a vital touchpoint, with 72% of businesses relying on it as their primary channel for customer discovery and engagement. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. The Indian retail landscape is experiencing a remarkable shift, with 60% of businesses planning to adopt Artificial Intelligence (AI) and Machine Learning (ML) by 2030. Additionally, 44% are counting on AI-driven personalisation to enhance customer experiences, as revealed by a recent survey from Zoho. This study gathered insights from over 2,700 micro, small, and medium enterprises (MSMEs) throughout India. "Indian MSMEs are creating a pivotal shift in the retail sector," said Prashant Ganti, Vice President, Global Product Strategy, Finance and Operations Platform, Zoho. "Our study shows that embracing a seamless online and offline selling strategy, coupled with the adoption of the right tools, including AI, to enhance the buyer experience, is essential for growth and future-proofing a retail business." The survey shows that six out of ten MSMEs have already implemented an omnichannel strategy, utilising both physical and digital retail avenues. Among these, 75% believe this combined approach allows them to connect with more customers, while 68% report generating equal revenue from both channels. Moreover, 82% of offline retailers expressed a strong interest in expanding their digital presence, with marketplaces being the top choice for online sales. Despite the digital push, physical stores continue to play a vital role. The report indicates that 71% of consumers still prefer shopping in-store to physically inspect products. Retailers highlighted personalised service (66%) and immediate product access (59%) as significant benefits of in-person shopping experiences. Interestingly, nearly half of the retail MSMEs considering a physical location are leaning towards starting with pop-up stores due to their flexibility and cost-effectiveness. However, challenges are still on the horizon. About 60% of respondents pointed to logistics and supply chain hurdles, while 57% mentioned the high operational costs associated with maintaining physical stores. Customer expectations are changing fast. 57% of retailers say that fast delivery is their customers' top demand, with many noting a rising desire for same-day delivery. Convenience is a big deal too, with 82% of shoppers valuing it, while 71% are drawn in by competitive pricing. When it comes to in-store experiences, 70% of retailers now accept mobile payments, and others are enhancing the shopping journey with tablets (66%) and kiosks (50%). Social media has emerged as a vital touchpoint, with 72% of businesses relying on it as their primary channel for customer discovery and engagement. Platforms like WhatsApp, Instagram, and Facebook are also being tapped for gathering customer feedback and driving direct sales. In light of these shifting demands, Zoho has rolled out an upgraded version of its commerce platform, Zoho Commerce. This new platform boasts a sleek user interface, mobile app support, and features like multi-currency checkout, digital downloads, loyalty programs, and cart recovery. It also facilitates social selling through platforms like WhatsApp and offers tools for B2B businesses to manage quotes, credit limits, and negotiations. As technology and consumer expectations evolve at breakneck speed, Indian retailers are making bold moves towards innovation, and platforms like Zoho Commerce are here to help them take the lead.
Globe and Mail
5 days ago
- Business
- Globe and Mail
Walmart's 22% E-Commerce Sales Jump: Can It Keep Up the Pace?
Walmart Inc. WMT continues to make impressive strides in the e-commerce space, reporting a 22% jump in global e-commerce sales in the first quarter of fiscal 2026. The growth comes on the back of its robust omnichannel strategy, which blends the strengths of its physical store network with expanding digital capabilities. The retail giant has been relentless in optimizing store-fulfilled pickup and delivery services, which have emerged as key growth drivers. With nearly 93% of U.S. households covered under its under-3-hour store-fulfilled delivery network as of the most recent quarter, Walmart is delivering both speed and convenience to a digitally savvy consumer base. Walmart U.S. saw a 21% rise in e-commerce sales, fueled by marketplace expansion, advertising and a surge in store-fulfilled pickup and delivery orders. Meanwhile, Sam's Club U.S. e-commerce sales rose 27%, led by triple-digit growth in club-fulfilled delivery and solid gains in pickup services. International markets also posted a 20% increase in digital sales, reflecting growing demand for online shopping options. Strategic investments in data analytics, tech partnerships and logistics are helping Walmart stay ahead in the competitive retail landscape. Its ability to leverage physical stores as e-commerce fulfillment hubs is proving to be a game-changer. As consumer preferences increasingly lean toward speed, convenience and personalization, Walmart appears well-positioned to sustain its online momentum. However, maintaining this pace will require ongoing innovation, operational excellence and strategic agility in a fast-evolving retail environment. How Amazon & Target are Competing With Walmart in the E-Commerce Race Walmart faces stiff competition in the e-commerce space from major players like Amazon AMZN and Target Corporation TGT, both of which continue to expand their digital capabilities to attract online shoppers. Amazon is the top player in online shopping, thanks to its huge product range, fast delivery and strong marketplace with many third-party sellers. Its strategy focuses on speed, convenience and keeping customers loyal through Prime, which offers free shipping and other perks. Amazon keeps investing in better technology, AI and faster fulfillment. Target's e-commerce business is growing fast because of its focus on making shopping easy and quick. It offers services like same-day delivery and curbside pickup, using their stores to help fulfill online orders. Target relies on its unique brand and loyal shoppers to compete with Walmart's size and low prices. WMT's Price Performance, Valuation & Estimates Shares of Walmart have gained 15.5% in the past three months compared with the industry 's growth of 13.2%. Image Source: Zacks Investment Research From a valuation standpoint, WMT trades at a forward price-to-earnings ratio of 36.07X, above the industry's average of 32.67X. The Zacks Consensus Estimate for WMT's fiscal 2026 earnings implies year-over-year growth of 3.2%, whereas its fiscal 2027 earnings estimate suggests a year-over-year uptick of 11.6%. Both estimates have remained stable in the past 30 days. WMT stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN): Free Stock Analysis Report Target Corporation (TGT): Free Stock Analysis Report Walmart Inc. (WMT): Free Stock Analysis Report
Yahoo
18-06-2025
- Business
- Yahoo
Adairs Unlocks $5M in Annual Savings with Manhattan SCALE
Leading Australian home furnishings and décor retailer, Adairs, transforms supply chain, bringing operations in-house with Manhattan SCALE SYDNEY, June 18, 2025 /PRNewswire/ -- Manhattan Associates (NASDAQ: MANH), the global leader in supply chain commerce, has successfully supported Adairs in transitioning its supply chain operations in-house with Manhattan's dynamic warehouse management system (WMS) Manhattan SCALE. As part of a strategic shift, Adairs moved away from a third-party logistics (3PL) model to take full ownership of its supply chain, taking full responsibility for costs, efficiency, and customer experience. This transition required the rapid deployment of WMS, and following a comprehensive evaluation, Manhattan SCALE was selected for its flexibility, automation integration, and omnichannel capabilities. "Bringing our supply chain in-house was a major decision, driven by our desire for greater operational control and the ability to better serve our customers," explained Justin Dowling, General Manager of Supply Chain at Adairs. "We wanted an off-the-shelf, ready-to-go solution that could be implemented with minimal customisation, and Manhattan SCALE has provided the successful technology backbone for this transition, allowing us to streamline operations, improve inventory management, and scale effectively for peak demand." The implementation of Manhattan SCALE was completed in just 12 months, with the system going live in July 2024 and the transition has already driven significant improvements across Adairs' operations. The retailer has delivered an additional one million units to retail stores compared to the previous year, experienced a 24% increase in ecommerce order fulfilment, and processed 17% higher inbound volume. The move has also resulted in significant cost savings, with Adairs reporting $5 million in annual savings. The enhanced system capabilities have enabled the company to consolidate its distribution operations and optimise its logistics network. Now, all orders, whether from online channels, retail stores, or corporate customers, are fulfilled from a single distribution centre, improving stock availability and ensuring a more seamless supply chain operation. This three-way partnership ensured that the system was designed with real-world warehouse operations in mind and aligned with Adairs' strategic goals. "This was not just a technology project, it was a supply chain transformation," said Justin Dowling, General Manager Supply Chain, Adairs. "From day one, our teams worked in close partnership with Manhattan to develop a solution that would not only meet our immediate needs but also future proof our operations." By prioritising operational input, Adairs successfully minimised disruptions during go-live and ensured rapid adoption among its warehouse staff and the system's intuitive interface improved training efficiency, making it easier to scale labour for peak demand periods. "Retailers need a supply chain that can support rapid changes in customer expectations while driving operational efficiencies," said Raghav Sibal, Managing Director, ANZ, Manhattan Associates. "By implementing Manhattan SCALE, Adairs has taken a proactive approach to modernising its operations and creating a more agile, resilient supply chain. We're proud to have played a role in Adairs' transformation and look forward to supporting its continued growth." Receive up-to-date product, customer, and partner news directly from Manhattan Associates on LinkedIn ENDS About Manhattan Associates Manhattan Associates is a global technology leader in supply chain and omnichannel commerce. We unite information across the enterprise, converging front-end sales with back-end supply chain execution. Our software, platform technology and unmatched experience help drive both top-line growth and bottom-line profitability for our customers. Manhattan Associates designs, builds and delivers leading edge cloud and on-premises solutions so that across the store, through your network or from your fulfilment centre, you are ready to reap the rewards of the omnichannel marketplace. For more information, please visit View original content to download multimedia: SOURCE Manhattan Associates Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18-06-2025
- Business
- Yahoo
VEEV Stock May Gain on the Launch of China Campaign Manager for Pharma
Veeva Systems VEEV recently launched the Veeva China Campaign Manager, a tailored solution designed to drive precision omnichannel engagement. Built on the widely adopted Veeva CRM platform, this new offering helps pharma companies in China orchestrate compliant campaigns across multiple channels, including face-to-face, email, web, and remote meetings. By optimizing execution with closed-loop analytics and message personalization, Veeva Systems aims to meet the region's unique regulatory and commercial requirements while improving customer experience. This strategic expansion underscores Veeva Systems' continued push to localize and innovate its offerings for high-growth international markets. As digital engagement becomes more critical to commercial success in life sciences, Veeva China Campaign Manager offers a scalable path for companies to modernize their go-to-market strategies. Following the announcement, shares of the company closed flat at $284.58 on Monday. However, in the year-to-date period, VEEV's shares have gained 34.4% compared with the industry's 24.6% growth. The S&P 500 increased 1.2% in the same time frame. The launch of Veeva China Campaign Manager positions VEEV for long-term growth by deepening its footprint in one of the world's largest pharmaceutical markets. As regulatory-compliant, omnichannel engagement becomes a competitive necessity in China, Veeva Systems' localized solution offers pharma clients the tools to execute more effective, personalized campaigns. This not only enhances customer retention and platform adoption but also strengthens Veeva Systems' recurring revenue base and competitive moat in Asia-Pacific. Meanwhile, VEEV currently has a market capitalization of $46.2 billion. VEEV expects 14.6% growth in its earnings for fiscal 2026. Image Source: Zacks Investment Research Veeva China Campaign Manager is a specialized solution developed to meet the evolving needs of pharmaceutical companies operating in China's complex digital and regulatory environment. Built on the widely adopted Veeva China CRM Suite, the tool is designed to enhance campaign execution by providing better coordination between sales and marketing functions. With its integration across both personal and non-personal engagement channels, including WeChat service accounts, WeCom, remote meetings, calls, events, and remote detailing, it enables biopharma companies to effectively reach healthcare professionals (HCPs) through their preferred platforms. The platform's key features include integrated digital reach for precision targeting via advanced tagging and segmentation, enabling ready-to-use digital engagement channels within the CRM. It supports synchronized planning and execution across field and non-field teams, empowering field reps to adjust HCP target lists, share content, and select communication channels dynamically. Additional features include customizable surveys to collect feedback, actionable marketing insights that enhance campaign adaptability in real time, and a goal-oriented tracking system that offers a comprehensive view of campaign effectiveness. These capabilities ensure continuous improvement of campaign strategy, channel efficiency, and target reach. Veeva China Campaign Manager integrates tightly with other Veeva ecosystem products, such as Veeva PromoMats for content management and Veeva Network for master data governance. This integration supports global compliance while enabling localized execution strategies. Already selected by more of the top 20 global biopharmas than any other CRM solution in China, Veeva Systems' continued investment in region-specific tools like Campaign Manager strengthens its position as a key technology enabler for pharmaceutical commercialization in Asia-Pacific. VEEV sports a Zacks Rank #1 (Strong Buy) at present. Some other top-ranked stocks in the broader medical space that have announced quarterly results are CVS Health Corporation CVS, Integer Holdings Corporation ITGR and AngioDynamics ANGO. CVS Health, carrying a Zacks Rank of 2 (Buy), reported first-quarter 2025 adjusted earnings per share (EPS) of $2.25, beating the Zacks Consensus Estimate by 31.6%. You can see the complete list of today's Zacks #1 Rank stocks here. Revenues of $94.59 billion outpaced the consensus mark by 1.8%. CVS Health has a long-term estimated growth rate of 11.4%. Its earnings surpassed estimates in each of the trailing four quarters, with an average surprise of 18.1%. Integer Holdings reported first-quarter 2025 adjusted EPS of $1.31, beating the Zacks Consensus Estimate by 3.2%. Revenues of $437.4 million surpassed the Zacks Consensus Estimate by 1.3%. It currently sports a Zacks Rank of 1. Integer Holdings has a long-term estimated growth rate of 18.4%. ITGR's earnings surpassed estimates in three of the trailing four quarters and missed once, the average surprise being 2.8%. AngioDynamics, currently sporting a Zacks Rank #1, reported a third-quarter fiscal 2025 adjusted EPS of 3 cents against the Zacks Consensus Estimate of a 13-cent loss. Revenues of $72 million beat the Zacks Consensus Estimate by 2%. ANGO has an estimated fiscal 2026 earnings growth rate of 27.8% compared with the S&P 500 Composite's 10.5% growth. AngioDynamics' earnings surpassed estimates in each of the trailing four quarters, with the average surprise being 70.9%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AngioDynamics, Inc. (ANGO) : Free Stock Analysis Report CVS Health Corporation (CVS) : Free Stock Analysis Report Veeva Systems Inc. (VEEV) : Free Stock Analysis Report Integer Holdings Corporation (ITGR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
