January 23, 2023
UK’s Asda Seeks $16B Retail-Gas Station Merger With EG
Grocery chain Asda and gas station operators EG are reportedly exploring a $16 billion merger. That’s according to a Saturday (Jan. 21) report by The Times, which says the merger of the two U.K. companies...
January 22, 2023
Report: UK’s Asda Seeks $16B Retail-Gas Station Merger With EG
Grocery chain Asda and gas station operators EG are reportedly exploring a $16 billion merger. That’s according to a Saturday (Jan. 21) report by The Times, which says the merger...
January 19, 2023
Chord Announces $15M Series A as D2C Brands Prioritize Data
Chord is bringing in funds by the millions as D2C companies seek sharper data insights. The New York-based startup, which offers more financially accessible data collection and insights for eCommerce...
January 16, 2023
Amazon, Big Retail Rethink Cross-Selling to Get Grocery Buyers In-Store
As shoppers shift their food spending to grocery, retailers are diversifying to win these customers. eCommerce giant Amazon, for one, is leveraging the breadth of its portfolio to get consumers...
January 12, 2023
Molson Coors Bets on D2C with Online-only Mocktail Brand
Molson Coors is stepping up its digital presence with the launch of D2C-only mocktails. The beverage giant, which owns a range of popular alcoholic brands, including Coors, Miller, Vizzy and others,...
January 09, 2023
Eurozone’s 9.2% Headline Inflation Rate Masks Deep Lingering Pain
Eurozone inflation has dropped back into the single figures after two months of double-digit rates. The latest figures from the EU statistics agency Eurostat estimate that the annual inflation rate...
December 29, 2022
Cautious Consumer Spending Means Trade-Down From Champagne to Prosecco
Cautious consumer spending habits could mean fewer people ringing in 2023 with Champagne. After years of growth, sales of higher-priced wines and spirits have begun to slow, The Wall Street...
December 22, 2022
Bankman-Fried Allies Plead Guilty in FTX Fraud
Two allies of FTX founder Sam Bankman-Fried have pleaded guilty to fraud and are cooperating with prosecutors. Caroline Ellison, former CEO of FTX sister firm Alameda Research, and Gary Wang,...
December 16, 2022
Uber’s Meijer Partnership Expands Grocery Delivery to Drive Platform-Wide Sales
Uber has announced a grocery delivery partnership spanning hundreds of stores with Midwestern retailer Meijer. According to a press release, Uber Eats is adding nearly 250 of the supermarket chain’s...