As Amazon continues its brick-and-mortar grocery efforts, it seems likelier that Amazon Fresh is history. On a call with analysts discussing the eCommerce giant’s first-quarter financial results Thursday (April 27), CEO Andy Jassy built upon other recent intimations that the company’s mass-market brick-and-mortar Amazon Fresh grocery brand may be soon replaced...
Will Grocery Stores Go the Way of the Department Stores? If grocery store executives want to see what their industry could look like over the next decade, they might want to look at how department stores have fared over the past two. Like the department...
In this week’s grocery roundup, superstores set their sights on big spenders, Grab grows its grocery presence, and supermarket spending is rising. Mega-retailer Target discussed Wednesday (Nov. 16) on a call with investors about its third-quarter results that food spending is growing across income groups. Christina Hennington, executive vice...
As food and beverage businesses announce their participation in the White House Conference on Hunger, Nutrition, and Health Wednesday (Sept. 28), many are using the opportunity to unveil not only environmental, social, and corporate governance (ESG) initiatives, as one might expect, but also features to...
March 30, 2020
Debit cardholders often choose this payment method because it is more secure than carrying cash — which cannot be recovered if lost — and may safeguard them against spending more than they have, which is not the case with credit cards. Debit networks need to ensure that customers feel safe using the payment method, and […]
February 10, 2020
Aluminum foil is not a new product by any stretch of the imagination. Its precursor — tin foil — was used for cooking, starting in the early 1800s. In 1910, the world of...
January 25, 2019
There are few familiar places in the regular life of a consumer other than the grocery store, and that familiarity can breed a type of trust, a sense that nothing...
January 23, 2019
Another one has bitten the dust when it comes to providing the vital last-mile delivery service for online consumers (especially the hungry ones). The news that on-demand delivery startup Munchery...
November 02, 2023
Amazon is closing its physical clothing stores as it shifts its focus to its online fashion shopping experience and expanding its grocery stores business. The two Amazon Style stores, located in Glendale, California, and Columbus, Ohio, will be closed by Nov. 9, Bloomberg reported Thursday (Nov. 2). Amazon spokesperson Kristen Kish told the media outlet, “After careful consideration, we’ve decided to […]
April 15, 2019
In multiple large metropolitan areas of the United States, market share data indicates that Kroger is gaining traction. The grocer operates Kroger stores along with regional brands such as Fry’s,...
April 01, 2019
Amazon plans to slash prices on hundreds of items at Whole Foods stores in an attempt to attract customers and change the brand’s image as a high-priced grocery store, The...
March 01, 2019
Amid Amazon’s efforts to grow its reach in the food space, the eCommerce retailer is reportedly looking to launch grocery stores in multiple big U.S. cities. The company is reportedly...
