As Brits try to cut back on spending and expenses amid the ongoing cost-of-living crisis and double-digit food inflation, U.K. grocers are under pressure to step up their discounting efforts to retain customers. As PYMNTS reported earlier this year, the country’s grocery inflation surpassed 17%...
Recent bankruptcies and buyouts have highlighted key challenges in the struggling Belgian retail market. This month, news broke that the cash-and-carry retail chain Makro has officially been declared bankrupt by a court in Antwerp, after the newspaper De Tijd first reported on the extent of...
Even as some grocers turn to next-gen payment solutions, traditional self-checkout continues to expand. Most recently, grocery chain Weis Markets, which operates about 200 stores across seven East Coast states, announced that it was implementing Toshiba Global Commerce Solutions’ Elera platform chainwide in a move...
Thanks to a combination of real-world and online advertising assets that reach an audience of millions, retailers like Dutch multinational retail group Ahold Delhaize, which is popularly known for operating supermarket chains Albert Heijn and Delhaize in the Netherlands, are increasingly diversifying their revenue streams...
November 20, 2019
Amazon is planning to open cashierless Amazon Go supermarkets and pop-up stores, possibly as soon as the first quarter of 2020, Bloomberg reported Wednesday (Nov. 20). Amazon Go technology is being tested in a 10,400-square-foot space in Seattle’s Capitol Hill neighborhood, a source told Bloomberg. The eCommerce giant launched the first Go convenience store in […]
May 16, 2019
Walmart is reportedly thinking about a stock market listing for its British supermarket arm Asda. “While we are not rushing into anything, I want you to know that we are...
May 01, 2019
To help consumers scan and pay for their selections, U.K. supermarket company Sainsbury’s has opened a checkout-free store in Holborn Circus, London, where shoppers use a smartphone app when they shop at the...
April 25, 2019
Albertsons has reported strong numbers for its fourth quarter and full year of fiscal 2018. The Boise, Idaho-based operator of more than 2,200 supermarkets revealed that its same-store sales have...
