Retailers/Amazon/News

Amazon news

14 November 2023
As a response to multiple Amazon Fresh and Go stores closing over the past year, Amazon has started to implement some new tactics to boost physical grocery sales, which started a few months ago with a redesign to two Fresh stores in Chicago. Since then, some more stores in Los Angeles have undergone a revamp, while Amazon has recently announced that grocery and delivery pickup is available to all...
03 November 2023
Our global analysts share their opinion on grocery retail news from across the globe. Love pumpkin spice, but food waste isn’t nice – Michela Kerbaker, Insight Analyst I always enjoy seeing children trick-or-treating on Halloween and appreciate the value to both shoppers and the industry of these types of events. IGD recently published a report on Halloween execution in stores, and ther...
01 November 2023
Amazon’s has released its third quarter results showing positive growth with overall net sales increasing by 13% year-on-year. However, it is worth noting that Andy Jassy (CEO) and Brian Olsavsky (CFO) made no mention to Amazon’s grocery offering throughout the Q3 earnings call, highlighting a lack of focus here. Q3 key numbers: Total net sales increased +13% year-on-year (YoY) to $143.1...
20 October 2023
Expansion plans are underway for Amazon as the retailer announces it will launch in South Africa in 2024 and expand drone deliveries to new markets, as well as cross-category to deliver medications. Additionally, the first marketing campaign for its byAmazon private label brand has launched and Amazon Fresh in Seattle has become the first ever grocery store to win a Zero Carbon Certification. ...
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...