- December 11, 2024
The key takeaway from the Consumer Price Index (CPI) released Wednesday (Dec. 11) is that the pace of inflation pace quickened in November, as reported by the Bureau of Labor ...
- December 11, 2024
Albertsons has sued fellow grocery giant Kroger over the failure of their $24.6 billion merger.
The company said Wednesday (Dec. 11) that it has filed a lawsuit in the Delaware Court ...
- December 10, 2024
Amazon is reportedly testing 15-minute-or-less grocery deliveries as it takes on Walmart in India.
The eCommerce giant is joining a wave of “quick commerce” companies promising super-fast deliveries of products such ...
- December 9, 2024
Consumer packaged goods giant Mondelēz is reportedly considering a deal to acquire chocolate brand Hershey.
That’s according to a report Monday (Dec. 9) by Bloomberg News, citing sources familiar with the ...
- December 6, 2024
New research shows artificial intelligence (AI) can now navigate computer interfaces through voice commands to handle eCommerce transactions, even as most U.S. consumers don’t realize they’re already using AI while ...
- December 5, 2024
Despite Kroger’s third-quarter results taking a slight a dip, digital growth is still making a splash.
Kroger’s digital transformation continues to show promising results as digital sales surged by 11%, driven ...
- December 3, 2024
Major retailers worldwide are accelerating artificial intelligence (AI) deployment in stores and apps.
Walmart Chile is rolling out AI-powered smart carts, while Thai supermarket chain Central Food Retail launched an AI ...
- December 2, 2024
When it comes to attracting new customers, Whole Foods Market is apparently thinking small.
The Amazon-owned grocery chain recently opened its first Daily Shop mini-market on Manhattan’s Upper East Side, with plans to ...
- November 25, 2024
DoorDash is adding new grocers to its list of supermarket delivery partners.
The delivery platform will be working with five new grocers, according to a Monday (Nov. 25) press release. The ...
- November 21, 2024
As the holiday shopping season approaches, the competition between retail giants Walmart and Amazon intensifies, shaping the eCommerce landscape. Both companies have established themselves as formidable players, offering extensive product ...
- November 21, 2024
Instacart’s CEO is focusing on grocery partnerships amid investor skepticism.
Fidji Simo discussed these efforts in an interview with Bloomberg’s The Circuit With Emily Chang, set to air Thursday (Nov. 21) evening.
Since becoming CEO, the ...
- November 19, 2024
During the latest conference call with analysts, Walmart’s management observed that that, in a quarter where same-store sales were up 5.3% in the United States, transaction counts and unit volumes ...
- November 18, 2024
Instacart has introduced “Express Lane,” a holiday-themed perk for Instacart+ members.
Announced Monday (Nov. 18), Express Lane gives members zero-dollar delivery minimums on grocery and retail orders of $10, what the company ...
- November 13, 2024
Only time will tell if the slight bump in inflation — measured by the latest Consumer Price Index for October and released by the Bureau of Labor Statistics on Wednesday ...
- November 12, 2024
There’s data, and then there’s everyday reality.
The October reading for the Consumer Price Index will be released Wednesday morning (Nov. 13). Inflation is expected to hold steady for the month, ...
- November 12, 2024
Online grocery costs reportedly fell last month, their first dip since the COVID-19 pandemic.
The cost of food declined by 0.1% in October compared to the same month in 2023, Bloomberg ...
- November 11, 2024
Grocery giant Ahold Delhaize said Friday (Nov. 8) that it detected a cybersecurity issue within its U.S. network and that some Ahold Delhaize USA brands and services were affected when the ...
- November 8, 2024
Amazon is reportedly combining the fulfillment networks of its Whole Foods Market and Amazon Fresh stores to better compete in the grocery business.
By doing so, the firm plans to offer ...
- November 8, 2024
Globally traded food commodities rose to their highest level in 18 months in October, driven by adverse weather conditions and other challenges.
The FAO Food Price Index, which tracks monthly changes ...
- November 8, 2024
Amazon’s latest move into the grocery sector, through a new partnership with Mexican grocery delivery startup Jüsto, signals its push to expand its food and essentials offerings.
Amazon customers in Mexico ...
- November 7, 2024
Grocery giant Ahold Delhaize saw quarterly sales dip amid product recalls and store closures.
The company’s quarterly earnings, released Thursday (Nov. 7), showed net sales in the U.S. of $14.49 billion, a 0.1% decrease, ...
- November 4, 2024
Amazon has reportedly launched a partnership with Mexican grocery delivery startup Jüsto.
As Bloomberg News reported Monday (Nov. 4), that collaboration will see Amazon offer Jüsto’s service on its Mexican eCommerce ...
- October 30, 2024
With the fourth quarter now underway, major players in the consumer packaged goods (CPG) industry are facing a landscape marked by challenges and opportunities.
Companies such as Mondelez International, Kraft Heinz, ...
- October 25, 2024
Amazon SVP Worldwide Grocery Stores Tony Hoggett will be leaving the company.
“After nearly three years at Amazon, it’s time for the next step in my career,” Hoggett wrote in a ...
- October 25, 2024
As consumer habits change, payment preferences are becoming segmented based on shopping channels.
A PYMNTS Intelligence Report, How People Pay: Debit Leads in Stores, Credit Leads Online, reveals a distinct divide: ...
- October 24, 2024
Keurig Dr Pepper (KDP) and The Coca-Cola Company are adapting to changing consumer preferences. KDP’s acquisition of Ghost underscores its strategy to expand into high-growth segments, particularly energy drinks.
During KDP’s ...
- October 18, 2024
Lidl reportedly relaunched its brand to stand out among other budget grocers.
The company — whose rivals in the United States include fellow German supermarket chain Aldi — introduced a new ...
- October 18, 2024
Amazon is expanding its grocery reach with a new type of store.
The company opened a store called “Amazon Grocery” within the same Chicago building that houses a Whole Foods Market, ...
- October 17, 2024
Aldi’s latest expansion efforts have it literally in Walmart and Target’s backyards.
That’s according to a report Thursday (Oct. 17) by Supermarket News, which notes that one of the German discount grocer’s latest store openings is happening in ...
- October 16, 2024
Instacart appointed former Uber executive Anirban Kundu as its new chief technology officer.
In his new role, Kundu will lead Instacart’s technical team “as we further expand our position as the ...
- October 15, 2024
Albertsons Companies saw its digital sales increase 24% during a quarter in which its identical store sales increased 2.5%.
During the quarter ended Sept. 7, the food and drug retailer also ...
- October 15, 2024
In Saudi Arabia, consumers love Click-and-Mortar™ shopping, which mixes the best of online and in-store experiences. More than half of the country’s shoppers prefer either digitally assisted in-store shopping or ...
- October 8, 2024
In the ongoing battle for grocery shelf space, consumers are increasingly seeking value. Grocers are eager to meet this demand, while also capitalizing on the higher margins that come from ...
- October 8, 2024
Local commerce platform DoorDash has launched an expanded partnership with Wegmans Food Markets and added new partnerships with four regional grocers in locations across the United States.
In its expanded partnership with Wegmans ...
- October 8, 2024
The Kroger Co. added Disney streaming options to its paid membership program.
New enrollees and existing members of Boost can select Disney+ Basic (With Ads), Hulu (With Ads) or ESPN+, adding ...
- October 1, 2024
In 2023, U.S. retail sales surged to nearly $7.25 trillion, representing a third of all consumer spending. Dominating this market are two titans: Amazon and Walmart.
A PYMNTS Intelligence report, “New ...
- September 26, 2024
As part of its strategy to enhance customer experience and operational efficiency, Costco is rolling out membership card scanners at the front of its stores.
This initiative, already piloted in several ...
- September 25, 2024
The latest data from the Bureau of Labor Statistics on Consumer Expenditures underscores what PYMNTS Intelligence has found for months: Food and shelter, among the most essential of all spending ...
- September 16, 2024
On Tuesday (Sept. 17), we’ll find out if the July surge in consumer spending — as measured via unadjusted retail sales — has amounted to a blip or a trend.
The ...
- September 11, 2024
The pace of price increases overall is slowing. But the costs of some key essentials remain stubbornly high, and they ticked higher in August.
The Bureau of Labor Statistics announced Wednesday ...