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Posts Tagged ‘retailers’

Walmart’s Flipkart confirms it is entering the food retail business in India

India’s Flipkart is entering the food retail business as the e-commerce giant looks to expand its reach in the nation, its chief executive said on Tuesday. Flipkart, which sold majority stake in the company to Walmart for $16 billion last year, has registered an entity called ‘Flipkart Farmermart Pvt Ltd’ — in compliance with local ...

The direct to consumer department store Neighborhood Goods has raised $11 million

Neighborhood Goods, the direct to consumer department store hawking brands like Rothy’s, Dollar Shave Club, Buck Mason, Draper James and Stadium Goods, has new cash to expand its storefront for e-commerce juggernauts. The company has raised $11 million in a new round of financing led by Global Founders Capital, with participation from previous investors Forerunner ...

Target’s same-day pickup and delivery services growing at double the rate of 2018

Target’s investment in same-day pickup and delivery options is paying off. The company, which today offers same-day in-store pickup, drive-up, and same-day delivery through its acquisition of Shipt, said this week that these services combined have more than doubled their sales in the last year. In addition, they accounted for more than a third of ...

Ikea doubles down on smart home tech with new business unit

Ikea’s smart home investments to date have been smart but scattered – now the Swedish home goods brand says it’s going to amp up its smart home bets with a brand new dedicated business unit. The company’s smart home endeavors began in 2012, and focused on wireless charging and smart lighting. It’s iterated in both ...

Walmart tops U.S. online grocery market, with 62% more customers than next nearest rival

Walmart is dominating the U.S. online grocery market, according to new research out this week from the analysts at Second Measure. The nationwide retailer today offers grocery pickup and delivery in nearly every U.S. state, and had 62% more customers in June than its next nearest rival. And no, in this case, that rival is ...

Sonos and Ikea’s Symfonisk wireless speakers are a symphony of sound and design

Sonos and Ikea’s Symfonisk collaboration took a lot of people by surprise when it was announced earlier this year, but the match up is less unlikely than it might appear at first glance. Ikea’s entire mission has been delivering practical, quality design concepts at price points that are more broadly accessible – and that’s exactly ...

Walmart now accepts SNAP for online grocery orders at all 2,500+ pickup locations

Walmart has been working to address the needs of low-income shoppers for some time. More recently, it’s been introducing new ways to serve customers on public assistance. In fall 2017, the retailer began a small test allowing customers to pay for online grocery orders using their SNAP (Supplemental Nutrition Assistance Program) benefits — more casually ...

FedEx lures online sellers with two-day air shipping at ground rates after Amazon contract ends

International shipping giant FedEx is showing it’s serious about attracting the ecommerce crowd after a high-profile termination of one of its contracts with Amazon to provide delivery using its express air service in the US. FedEx is now offering the same two-day express air shipping direct to some customers for the same price it usually ...

Ori Living partners with IKEA to bring robotic furniture to customers by 2020

Welcome to the robotic bedroom of the future, coming in 2020 to tiny apartments beginning in Hong Kong and Japan, but expanding around the world. IKEA is now selling robotic furniture that can convert from a storage and seating unit into a bed and closet and back again. The new line of furniture, based on ...

Stein Mart embraces the enemy with installation of Amazon Lockers in nearly 200 stores

Another brick-and-mortar retailer is turning to Amazon to help save its struggling business. Today, discount chain operator Stein Mart announced it will install Amazon Hub lockers in nearly 200 stores as soon as next month. The lockers are self-serve kiosks that allow Amazon shoppers to take advantage of in-store pickup and returns. The deal will ...