Tag: E-Commerce > Page 2

Whole Foods Feels Pressure from Pandemic

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 Sells Majority Stake in Asda

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 …

Why is Big Business Interested in TikTok?

TikTok, a platform where some 50 million U.S. daily users share short-form videos, has been receiving attention in the media as the Chinese-owned company searches for a U.S. buyer. The app is not only a …

Shopify Finds Winning E-Commerce Strategy

Shopify Inc. is seen as one of the biggest winners in the retail shakeout following the coronavirus pandemic, reported The Wall Street Journal (Sept. 8). Millions of small businesses were forced to adapt to online sales …

Frozen Food Supply Chain Feels COVID Strain

With popularity of frozen foods up during the pandemic, supply chains for frozen products are undergoing their own set of challenges. Eighty-six percent of consumers said they bought frozen food in March and April, with …

Moving Forward, Grocery Retailers Must Embrace Digital

Online grocery shopping has surged during the COVID-19 pandemic. Before COVID-19, online accounted for less than 10% of food sales, according to Ernst & Young LLP (EY). By June, 45% of food sales were online. …

Going the ‘Extra’ Last Mile for Deliveries

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 …

E-Commerce: The New Normal

E-commerce is no longer considered an option for retailers if they want to keep up with competition. The average online grocery shopper spends 32.7% of the grocery budget online, according to a report from Acosta. …

Optimizing Online Shopping

According to Nielsen, at the close of 2019, brick-and-mortar food distribution represented the largest share of grocery sales—especially for fresh food. Despite this factoid, things are changing fast. In Nielsen’s words, “e-commerce maintained its meteoric …

Coronavirus’ Impact on E-Commerce

As Chinese consumers stay home to avoid the coronavirus, delivery and e-commerce companies have an opportunity for growth. People are turning to ordering groceries online from companies with quick delivery times, reported CNBC (Feb. 6). …

Is AI the Next Phase of E-Commerce?

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 …