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Amazon news

08 January 2021
The Delhi high court recently upheld the proposed merger of Future Retail Limited (FRL) with Reliance Retail Ventures Limited (RNRL), following a challenge by Amazon.  It has also allowed Amazon to continue opposing the merger in appropriate legal forums. Delhi high court clears Future-Reliance deal According to the Delhi high court, the transaction between Future and Reliance did not viola...
04 January 2021
Having announced the partnership last March, Hospitality group, OTG, has opened its first CIBO Express Gourmet Market convenience stores featuring Amazon’s ‘Just Walk Out’ technology. Two stores launched at Newark airport The CIBO Express stores at Newark Airport, New York, are the first two stores to be developed as part of the partnership between OTG and Amazon . Located at Terminal ...
04 January 2021
We round up the latest developments from Japan, focusing on 7-Eleven and FamilyMart. 7&i focusing on driving omnichannel sales 7-Eleven Japan’s operating model focuses on market concentration, being close and convenient to its customers. The retailer has been, however, in recent years, shifting its strategy, slowing down expansion and strengthening its delivery and pick-up services. This no...
16 December 2020
New data from IGD reveals that the online grocery channel is set to represent 5% of the US grocery market by 2022, with a value of $82.0bn. Channel sales almost doubling in 2020 This new forecast represents a significant acceleration of growth within the channel. Previously we had forecast that sales through the channel would not reach this value until 2025. This new forecast aligns with re...
09 December 2020
Amazon’s ultrafast grocery delivery service will be renamed as Amazon Fresh. Amazon Fresh launched on Amazon.sg The new and improved version of the 2-hour grocery delivery service Amazon Prime Now now comes free with the Prime membership. Prime members will enjoy a greater selection and exclusive access to thousands of chilled, fresh and frozen products. The 2-hour grocery delivery service ...
19 November 2020
Amazon announced it has launched Amazon Pharmacy, a new store allowing customers to purchase prescription medications on Amazon’s website or app for delivery. Amazon Pharmacy Amazon Pharmacy allows customers to complete pharmacy transactions online, with the aim of offering a convenient solution. Prime members receive free two-day delivery from the pharmacy store. Amazon also said Prime mem...
17 November 2020
Tesco, Sainsbury's and Lidl are the latest to launch their Christmas adverts, taking light-hearted approaches to bringing seasonal cheer to shoppers. Tesco Tesco takes a fun approach with its Christmas advert this year. Acknowledging how we've all done something that earns us a place on the naughty list (even Santa), in a year like no other, everyone deserves a treat this festive season. A ...
10 November 2020
Amazon announced it has opened three new distribution centres in Brazil to decrease delivery times in different regions of the country. Largest logistical expansion in the country The three new distribution centres are located in Minas Gerais, Distrito Federal, and Rio Grande do Sul, and mark the largest logistical expansion for Amazon in the country so far. Amazon now operates eight distri...
30 October 2020
As Amazon announces its Q3 results, we round up news from the retailer. In its third quarter, Amazon's net sales increased by 37% to $96.1 billion, and operating income rose 96% to $6.2 billion.  Amazon also this week launched in Sweden, the Nordic region’s largest grocery market. Customers can shop from European and local Swedish business, across 30 categories.   North America leading t...
23 October 2020
Free one-hour pickup is now available at all Whole Foods Market locations across the US for Amazon Prime members. Available at all US locations The service is available from the Amazon app or Amazon.com. Categories include fresh produce, meat and seafood, seasonal products, everyday items, and locally sourced products. Free one-hour pickup is available on orders of $35 or more. Prime member...