U.S. consumers are taking a cross-channel approach to online grocery shopping in which brick-and-mortar retailers are holding their own versus pure-play e-tailers, a CoreSight Research survey finds. Of U.S. adults who have bought groceries online in the last 12 months, 50.8% chose to pick up their orders in stores, while [...]
How does the retail grocery industry adapt to the challenges wrought by e-commerce, and the consumer's propensity to shop with their mobile devices and wanting access to more information about the food they buy? It's a tall order, to say the least and a topic a pair of retail grocery [...]
Amazon has shelved plans to become a wholesale distributor of prescription drugs due to the cost and complexity, CNBC reported. The news lit a fire under shares of beaten-down drug retailers and distributors. CVS Health (CVS) shot up 4.2% and Walgreens Boots Alliance (WBA) jumped 3.8% on the stock market [...]
Addition of new grocery square footage slowed last year as retailers scaled back store openings and smaller formats took hold, according to real estate and investment firm Jones Lang LaSalle (JLL). In 2017, grocery store openings dropped 28.8% year over year, JLL’s 2018 U.S. Grocery Tracker study found. The decline [...]
Most shoppers have probably heard of Zara, H&M, Uniqlo, Aldi or Lidl, all retailers that ventured into the U.S. after they found success overseas. Now, the number of international retailers — apparel brands, grocers, cosmetics companies and more — looking to move to America is growing at a rapid clip, [...]
Earlier this month, Senator Marco Rubio reacted to news of rising mall vacancies by calling for help for the "millions of workers who will be increasingly displaced." Yet for all the talk of the "Death of Retail,” reports of store chains going bust and malls closing, the stock market appears to [...]
Amazon’s announcement last June of its plan to buy Whole Foods served as a wake-up call to grocers that the threat of e-commerce could no longer be ignored. And grocery-delivery startup Instacart, known for its same-day delivery from big-box supermarkets, was ready to help. In February, the company closed a [...]
Walmart announced Tuesday that it was teaming up with on-demand delivery service Postmates to expand its grocery-delivery business, in another effort to compete with Amazon. The partnership will allow Walmart to provide same-day delivery of fresh food and other items to customers who order online, starting in Charlotte, North Carolina, [...]
What does the future hold for retail employees? Well, there’s just no way to put it gently. The days of the retail clerk are over. By clerk, I’m referring to the millions of retail workers who operate checkouts, greet customers at the door, count inventory, look up prices, scan bar [...]
Amid sweeping changes in the grocery industry, Kroger announced on Tuesday it is hiring for 11,000 new positions, including 2,000 management roles. It is also investing $500 million in associate wages and training and development over the next three years. As an example of the expected wage changes, Kroger cited [...]