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Bank as an App & Branch as Warehouse-A preview to the future

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Originally Posted by vgane View Post
Barclays looks to 'click and collect' to revitalise the branch

11 April 2016
Barclays Bank may have found a novel new use for its network of bank branches - as a click and collect delivery site for Amazon parcels.

The bank has been trialing delivery lockers across sites in London as a means to increase footfall in branches. If successful the plan could be extended across the Barclays network of 1500 high street outlets.

In December, the bank released research which suggested that click and collect deliveries were expected to grow three times faster than home deliveries by 2018.

Barclays said that 43% of retailers are investing in click & collect as a delivery option, while 41% say they would struggle with the level of online orders without offering the service.
Richard Lowe, head of retail & wholesale at Barclays, comments: “According to a recent report one in ten consumers fell victim to late deliveries last Christmas* and it’s clear to see how Click & Collect offers a practical, alternative solution. Amazon has also recently partnered with Royal Mail, allowing shoppers to collect their parcels from their local Post Office, and I believe we will increasingly see this kind of tie-up.
Barclays interest in the click and collect phenomenon has been growing for some time, as the following infographic from Barclaycard back in 2014 demonstrates.


https://www.finextra.com/newsarticle/28721/barclays-looks-to-click-and-collect-to-revitalise-the-branch

Source:Subrahmanyam KVJ


In India, Amazon has been trying to partner with Indian Postal Services, allowing Public / shoppers to collect their parcels from the local Post Offices. The deal of the contract would be finalised in a couple of months.

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