Online news

 

04 May 2021
India’s second wave of COVID-19 infections continue to worsen, with no signs of slowing down.  The country’s overwhelmed healthcare system faces a shortage of hospital beds, oxygen, medicines and vaccines.  This has prompted another round of movement restrictions, with shorter operating hours even for grocery operators and other essential services.  And as more frontline workers report unwell, re...
04 May 2021
Germany-based Edeka generated sales of €61 bn in 2020, a rise of 9.5%, or €5.3 bn, on the previous year. The performance was driven by COVID-19, which saw it position itself as a responsible grocer, while it also added new stores across its major banners. Strength across banners… Edeka branded stores generated sales worth €33.1 bn, a rise of more than €4 bn on 2019’s figure, with 82 new sto...
30 April 2021
Amazon's net sales increased by 44% year-on-year (YoY) to $108.5bn, and operating income increased 224%, to $8.1bn for the first quarter (ended March 31). International segment driving growth Amazon’s international segment grew 60%, compared to North America which grew 40%. The international business now accounts for 28% of Amazon’s total sales, versus 25% last year. Amazon continues to lau...
29 April 2021
Woolworths has released Q3 results with sales up 0.4% to AU$16,566m. However, the data shows two distinct trading periods during the quarter with sales heavily impacted in the last six weeks as the retailer starts to cycle COVID-19 trading from 2020. So what have we learnt? Growth ahead of Coles, but not on a two-year basis Although food and liquor sales declined sharply in the final six we...
26 April 2021
We review Albertsons’ fourth quarter results, which contributed to an outstanding full year performance, with sales hitting a record $70bn. The retailer plans to press on with its strategic growth and cost savings initiatives, including plans to simplify its supply chain and product sourcing. Q4 and full year key numbers Sales and other revenue increased to $15.8bn, driven by a 11.8% inc...
23 April 2021
First went the shelf-scanning robots, now the pickup towers are being removed or hibernated. What do these changes mean for Walmart’s automation journey? Fanfare and flagships The Wall Street Journal has reported that Walmart is removing or decommissioning around 1,600 Pickup Towers which have been installed within its US stores over the last few years. This follows on from reports last y...
22 April 2021
Woolworths in Australia has an ambition to evolve its business into a ‘food and everyday needs ecosystem’ and in the last week we have seen three big developments that will further facilitate it towards achieving this goal. 1. Purchase of controlling stake in data analytics firm Quantium At the heart of every retail ecosystem is a huge amount of data that is generated from activities across...
22 April 2021
Amazon Salon is Amazon’s first hairdressing concept and will trial the latest industry technology, including augmented reality (AR) hair consultations and ‘point-and-learn’ technology. Amazon’s first hairdressing concept The 1,500 sq ft salon is opening in London’s Spitalfields and follows the launch of Amazon Professional Beauty Store on Amazon.co.uk. Amazon Salon will initially be availab...
20 April 2021
Ocado has announced it is investing £10m in autonomous vehicle software from Oxbotica. Autonomous driving software Oxbotica was founded in 2014 by two Oxford University professors. The autonomous driving software company was the first in the UK to test self-driving vehicles in public. Ocado first partnered with Oxbotica in 2017, conducting a two-week trial using an early prototype delivery ...
19 April 2021
This month Kroger officially launched its new grocery delivery service via its first Customer Fulfillment Centre (CFC) powered by Ocado. With this new automated warehouse, Kroger has taken a different approach compared to most other major retailers in the US. But can this unique strategy enable Kroger to win in the competitive online channel? The Kroger and Ocado fulfilment model Back in Ma...