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Amazon news

25 September 2023
At the recent Groceryshop event in Las Vegas, amid discussions on cutting-edge tech like AI, retail media, and unified commerce, the spotlight was also on the important theme of alternative revenue models. Let's delve deeper into this transformation. Broadening revenue horizons When we discuss alternative revenue models, we're essentially exploring new revenue sources that retailers are bei...
11 September 2023
Amazon has made headlines recently with a new store in Moorgate, a new fee for same-day deliveries in the UK, the end of its Amazon Shipping hiatus, and the opening of its long-awaited robotics fulfilment center in Tallahasse. The UK’s newest Fresh store has just opened in Moorgate Exactly one month after Amazon announced closures of three Fresh stores in London, Amazon Fresh opened its doo...
29 August 2023
Amazon India has launched a shelf monitoring solution that removes damaged fruits and vegetables from shoppers grocery orders, which includes an app that has been called Johari. Johari uses machine-learning to identify pre-determined defects in the produce Amazon has created Johari to be used in two monitoring modes: manual and automated. When in manual monitoring, sellers and operators ...
21 August 2023
Two Amazon Fresh stores in Chicago have undergone a makeover in a bid to achieve the goal of ‘best-in-class grocery-shopping experience’. Why the change? It’s no secret that Amazon has faced challenges with its Fresh and Go stores, using trial and error to find the right model. In the Q2 2022 webcast, Amazon’s CEO Andy Jassy briefly touched on the fact he was happy with Whole Foods Mark...
04 August 2023
Amazon has released its Q2 2023 results, marking success year-on-year. Below I have outlined some of my takeaways from it. Q2 key numbers: Total net sales increased +11% year-on-year (YoY) to $134,383mn Net product sales increased +4% YoY to $59,032mn Net service sales increased +17% YoY to $75,351mn Online net sales increased +4% YoY to $52,966mn Physical store sales increased +6% YoY ...
25 July 2023
Less than three years ago Amazon One launched, enabling shoppers to enter and pay for items at stores by scanning their palms as opposed to their payment cards. Now, Amazon has announced that it is launching Amazon One’s palm recognition technology across all 500+ Whole Foods Market stores in the U.S. by the end of 2023. Palm payment technology to be rolled out to all Whole Foods stores Ama...
20 July 2023
Amazon has announced that it is closing three Fresh stores in London on 23 July: Ealing, Wandsworth and East Sheen. However, Amazon is continuing with other expansion plans for Fresh, confirming the launch of two new stores in Moorgate and Liverpool Street Access for all shoppers through a gateless opening Amazon has yet to release many details about the new stores, but one thing we know is...
19 July 2023
Amazon said July 11, the first day of Prime Day, was the largest sales day ever on Amazon, as well as being the biggest Prime Day on record for its independent retailers. Here we explore how this was achieved and how retailers in the US responded. Amazon Fresh was a target throughout Prime Day Unsurprisingly Amazon Fresh was a strong focus for Prime Day, with discounts being offered even be...
10 July 2023
In recent weeks Amazon has made four significant strategic developments, investing in its international operations, focusing on sustainability and gearing up for Prime Day 2023. Strengthening commitment to India’s long-term potential Amazon has been quick to compete with Walmart’s increased $2.5bn commitment to the Indian market as it announces plans to take investments to $26bn by 2030, wi...
04 July 2023
As inflation’s impact on grocery retail continues, we’ve published the second report in a quarterly series of how retailers are responding to the cost-of-living crisis. The new edition provides inspiration from around 50 retailers in 20 markets and in this article, we’ve picked out some of our favourite initiatives from around the world.   Price: Amazon UK offer simple value taxonom...