Several companies have recently made announcements regarding bonuses and hazard pay, following reports of retailers not sharing enough of their pandemic profit with their employees. Here are a few: Amazon After ending its $2-an-hour pay …
Amazon opened an online pharmacy Nov. 16, allowing customers to order medications and prescription refills for delivery, reported CNBC (Nov. 17). The retail giant has been building its pharmacy offering for several years now. In …
Vertical farming company Plenty Unlimited Inc. attracted $140 million in a Series D financing round that included existing investor SoftBank Group Corp., as well as berry producer Driscoll’s, reported Bloomberg (Oct. 14). The new raise …
Amazon issued a warrant to purchase up to 5.4 million shares in SpartanNash, according to a filing with SEC, reported The Motley Fool (Oct. 9). The warrant has been issued specifically to Amazon.com NV Investment …
Although much of the grocery industry is prospering, trips to Whole Foods in September were down 25% from a year earlier, according to Placer.ai, reported Bloomberg (Oct. 7). Some of the decline is due to …
Walmart sold a majority stake in Asda to a consortium that includes brothers Zuber and Mohsin Issa and the private equity firm TDR Capital in a deal that values the supermarket chain at about $8.8 …
While restaurants continue to feel the weight of the pandemic, retailers are still benefiting. Nearly one in six restaurants, representing 100,000 foodservice establishments, have closed permanently or long-term in the six months following the first shutdown orders …
Retailers are developing new strategies in an effort to one up each other in the battle for delivery advantage. Walmart will launch Walmart+, a membership service that could help it better compete with Amazon Prime. …
Food Institute Focus – Walmart Launches an Amazon Prime Competitor
Food Institute Focus – Amazon Consumers Shop More But Satisfied Less
Food Institute Focus – Retailers Face Their Future
Food Institute Focus – Profits Before Health
As delivery becomes more crucial in business, companies are always innovating to find the ideal way to complete the last mile. Amazon Prime’s free and fast shipping set the bar for the industry. During the …
Many e-commerce businesses are beginning to take advantage of artificial intelligence (AI) to help in searching, sorting, and finding relevant data. Giants such as Amazon, eBay, and Flipkart are standing on the cutting edge of …
Food Institute Focus – Amazon & Walmart Connect with Consumers on Emotional Level
