New company turns warehousing into a service
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With the continuing advance of online shopping, agility is increasingly important in the retail landscape. Innovations such as virtual AR stores and drone delivery have improved retailers’ ability to respond to fluctuations in demand, pricing and customer expectations. However, with everything from groceries to bespoke clothing now ordered online, it has been more difficult to inject agility into warehousing. Finding space and negotiating leases is time consuming. Furthermore, being tied into a long lease may prevent retailers from innovating with new products, or to quickly scale up or down. Now, British start-up Stowga has come up with an answer, by developing warehousing as a service.
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