New York City is not the only major metropolitan area becoming crowded with micromobility-powered grocery delivery companies promising the fastest order fulfillment. Major Russian technology company Yandex has now launched its 15-minute grocery delivery service in London, according to a Moscow Times report Thursday (Oct....
Jana Partners has taken a stake in Macy’s Inc. and is pushing the retailer to separate its $8 billion eCommerce business from its traditional brick-and-mortar business, The Wall Street Journal reported Thursday (Oct. 14), citing sources. Get the Full Story Complete the form to unlock...
Taiwan Semiconductor Manufacturing Co. (TSMC) announced that it will build a chip manufacturing plant in Japan to boost its production levels during the global semiconductor shortage that’s affecting industries of all types, according to a report in The Wall Street Journal. Get the Full Story...
When the Washington Nationals won the 2019 World Series, it was against all odds — and yet, the first commercial after the final out was advertising championship merchandise available to be shipped within one day. Get the Full Story Complete the form to unlock this...
Walgreens is doubling down on its investment in healthcare offerings, with executives saying that the future of the pharmacy retail chain is dependent on making medical care easier for connected consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Shopping for secondhand clothing online can be daunting for consumers who want to inspect every item for tears, stains and imperfections a previous owner may have caused, leading to lost sales for sellers and frustrated shoppers. Get the Full Story Complete the form to unlock...
Home furnishing retailer Ikea said Thursday (Oct. 14) the ongoing supply chain bottleneck means it’s likely to face stock shortages for another year, according to a report in the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In today’s top retail news, a luxury products conglomerate said strong demand for luxury products continues to drive sales, while retailers such as Michaels are looking to open digital marketplaces to expand their customer base. Also, Lowe’s is launching a retail media service with a...
Third-party fulfillment is no longer cutting it for America’s largest grocers. Kroger, the largest pure-play grocer in the country, announced on Tuesday (Oct. 12) that it is partnering with United Kingdom-based grocery technology company Ocado Group to create several new automated warehouses on the East...
