Retailers/Amazon/News

Amazon news

29 July 2022
We review Amazon’s second quarter results and the outlook for the year ahead as it continues to take costs out of the business. Q2 key numbers Total net sales increased 7.2% to $121,234m Net product sales decreased 2.5% to $56,675m Net service sales increased 17.4% to $64,659m Operating income fell from $7,702m to $3,317m year-on-year Net income fell to -$2,028m, compared to ...
22 July 2022
We look at some of the latest checkout-free concepts to open, or soon to open, in North America, the range of formats they’re being developed within and assess where the various models go next. Key learnings Hybrid models will be the future, with shoppers able to enter and pay as in a regular supermarket, or use the cashierless technology There is no limit to the type of format where ...
22 July 2022
Several retailers have launched initiatives to support the government's new cost of living campaign, Help for Households, while others have introduced steps separately to help families over the summer holidays. We round up some of the steps launched so far. Divided shoppers research shows impact on families In our ShopperVista report on Divided shoppers , accessible to subscribers, we lo...
18 July 2022
In the UK, Amazon Fresh has launched a Tesco Clubcard Price Match for online shoppers. Prices matched and locked for four weeks Amazon has announced it will match and lock to Tesco Clubcard deals every week on hundreds of own-label and branded products for its Fresh grocery delivery service. The retailer will keep the price locked for at least four weeks and will add new products every week...
05 July 2022
Amazon announced it has launched a new service providing brands with insights about the performance of their products, promotions and ad campaigns in Amazon’s physical stores in the US. Evolving the in-store shopping experience Amazon’s Store Analytics service provides brands with aggregated and anonymized insights in Just Walk Out technology and Amazon Dash Cart-enabled Amazon Go and Amazo...
24 June 2022
This year, a number of retailer meal deals have seen a change in their pricing strategy, and Amazon Fresh is the latest to follow suit. Earlier on in the year, Tesco increased their meal deal price from £3 to £3.50 , except for Clubcard members. This move would have pushed food-to-go customers without a Clubcard to the loyalty scheme, helping Tesco to collect more data on meal deal shopping t...
23 June 2022
Flash delivery service Gorilla plans to exit Belgium, as Colruyt starts trialling its home delivery service and Amazon sets up to enter the market. Separately, Delhaize reveals its reducing is private label prices by up to 30% and Russian discounter Mere faces challenges in the market.      Gorilla exits from the market Recently Gorilla the German flash delivery service confirmed they plan ...
23 June 2022
In the UK, Amazon has opened its first Fresh store outside of London featuring its Just Walk Out technology. The retailer also announced Doug Herrington will take on the role of CEO of Worldwide Amazon Stores following Dave Clark’s departure. 19 th Amazon Fresh store in the UK Amazon has opened its 19 th Amazon Fresh store in the UK in Sevenoaks, Kent. It is the first store to launch o...
20 June 2022
Amazon is set to launch in Belgium in September, as reported by Business Insider. Set to launch by September According to leaked documents, Amazon will launch in Belgium in late September 2022. It also plans to launch in four other markets by early next year: Chile, Colombia, Nigeria and South Africa. Amazon will launch its marketplace in Belgium, with Amazon’s Prime membership scheme ex...
03 May 2022
Amazon's net sales increased by 7% year-on-year (YoY) to $116.4bn and operating income decreased (59)% to $3.7bn for the first quarter (ended March 31). International business in decline Sales from Amazon’s international segment declined (6)% YoY, compared to North America which grew 8% YoY. Both the International and North American segments delivered an operating loss of ($1.6)bn and ($1...