From Instacart’s increased valuation to Boxed’s bankruptcy filing, online grocery is seeing major changes. While players that attempt to drive adoption of their own digital grocery stores are struggling to make the economics of the model work, Instacart is benefitting from its status as a...
After warning last month that it could declare bankruptcy, eGrocer Boxed has made it official. The company announced late Sunday (April 2) that it had filed for Chapter 11 bankruptcy protection and was looking to sell Spresso, its software business. “This was an incredibly difficult...
What was once old is new again (and again) as brands and consumers fully embrace the potential of preowned. The resale trend has been steadily growing for years, with preconceived notions about buying used first tempered with eBay’s early internet popularity. It continued as more...
Polish eCommerce platform Allegro plans to launch its third-party marketplace in the Czech Republic this year. That will be the first step in the firm’s plan to expand its marketplace model internationally, having shown in the Polish market that it can deliver both value and...
To win in contextual commerce, Giada De Laurentiis’ direct-to-consumer shop has learned, content is king. In an interview with PYMNTS, Lindsey Galey, chief marketing officer of Giadzy, the De Laurentiis-founded publication and D2C retailer, explained that the company’s contextual commerce business benefits from the trust...
Grocers’ efforts to drive digital engagement have led to a surge in online food purchases. The Context Leading grocers have been expanding their digital businesses, both investing in their consumer-facing platforms and building out their internal fulfillment capabilities. Take, for instance, Kroger, which has been driving...
McCormick & Company is using D2C to test flavors that could draw new customers into the fold. On an earnings call with analysts Tuesday (March 28), the flavorings giant said consumers are looking for both novel tastes and quick, easy food options. “We’re launching new...
Alibaba Group is splitting into six pieces with plans to take these new businesses public. The Chinese eCommerce company said Tuesday (March 28) it was undergoing the biggest revamp in its nearly 25-year history, dividing into a number of new businesses as its country’s government...
The two-sided network is a simple concept where buyers and sellers come together. Amazon’s moves in recent days spotlight the eCommerce juggernaut’s ambitions to expand its network for merchants, in effect giving rise to what might be considered an open ecosystem beyond simply matching consumers...
