Ahold Delhaize is investing 480 million dollars (430 million euros) in its supply chain on the American East Coast. The Belgo-Dutch retailer wants to move towards a fully integrated self-distribution system, thereby saving nearly 100 million euros in costs each year.
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Ikea has taken a minority stake in Optoro, an American start-up that develops software aimed at making returns more efficient. The investment fits in with the objective of the Swedish retailer to be a circular company by 2030.
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Forget FedEx or UPS: Amazon is the world's largest logistics company. As a result of this focus, Amazon is also the quickest parcel delivery company in the United States.
The United States has once again threatened to impose additional import duties on certain French products. The additional taxes (up to 100 %) are a retaliation for the digital tax that France has introduced.
According to initial estimates, American consumers have spent around 9.4 billion dollars (8.5 billion euros) on online purchases on Cyber Monday. That day has now broken the Black Friday record and becomes be the second biggest bargain day of the year.
Abercrombie & Fitch has achieved virtually stable sales over the latest quarter, but its profits fell sharply. The American clothing company expects that import duties resulting from the Sino-American trade war will have a negative impact in the fourth quarter.
American fashion brand Patagonia has opened a pop-up store that will sell only second-hand clothing and its new ReCrafted collection, which has been made of irreparable clothes. The pop-up store is a physical extension of its second-hand platform WornWear.com.
Aldi will now also deliver beer and wine to American customers’ homes. The discounter is expanding its partnership with grocery delivery company Instacart.
American retailer Walmart has increased its sales by 2.5 % over the third quarter, predominantly driven by strong sales of fresh food and beverages. Online sales also rose sharply.
Amazon has confirmed that it will launch a new supermarket chain, beginning with a Los Angeles store that should open early next year - at the latest. With this new concept, the company is primarily hoping to seduce the average American.
Amazon is making home deliveries of fresh food and groceries free-of-charge for Prime customers in the United States. This aggressive move is likely to finally lead to a breakthrough in the food sector.
Amazon has published rather disappointing quarterly results: although sales climbed slightly higher than expected, net profit fell by a quarter.
Early next year, Mark Parker will resign as CEO of sports brand Nike. He will be succeeded by John Donahoe, currently CEO at Paypal and former CEO of eBay.
Retail Business Services, Ahold Delhaize's American technology branch, has announced that it will introduce its self-scan and payment application 'ScanIt Mobile' in some thirty stores by the end of the year.
Amazon is currently in talks to make the technology behind its cashierless Go stores available to other parties, such as retailers in airports and cinemas.
American fashion chain Forever 21 has filed for bankruptcy protection under the 'Chapter 11' procedure. This will ensure the company is protected from creditors and can undertake a restructuring.