Both Ahold Delhaize and Colruyt suffered blows on the stock exchange as it seems like investors have completely lost faith in supermarket shares. However, they are not all alike, because Ahold Delhaize seems to bounce back, unlike Colruyt.
Thirty traders are no longer allowed to operate on Amazon until their court case with fashion brand Louis Vuitton is still ongoing. The brand filed a lawsuit because those thirty traders sold counterfeit items.
It was as clear as day that Amazon would one day acquire a supermarket chain, but nevertheless, the news hit everyone like a bombshell. What are the consequences of Whole Foods's acquisition for food retailers worldwide?
Amazon dealt a serious blow to Ahold Delhaize and Walmart: it acquired supermarket chain Whole Foods Market, its giant introduction to physical food retail. AD’s share was in freefall after the announcement, down 10 % after only an hour.
Following a 2-month testing period, Seattle’s two Amazon Fresh PickUp locations are now also available to Prime subscribers. The formula is focused on speed and also puts the pressure on Walmart even more.
Amazon is looking for someone within its ranks to figure out how it can move into the highly lucrative medicine sales industry. According to several sources, Amazon has been contemplating this move for some time.
In the United States, there is a fiery ongoing battle between Amazon and Walmart regarding the lowest possible shipping cost to reach the consumer. “A standardized package label is a talking point in the United States, but things are not that advanced as in Europe.”
RetailDetail Congress 2017’s incredible international line-up did not disappoint. Particularly “retail prophet” Doug Stephens wowed the audience. Technology and experience go hand in hand in the store of the future.