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U.K. Amazon Rival Ocado Has Faster Warehouse Robots

PYMNTS

online delivery market has so far been dominated by Amazon, but a popular new player, Ocado, has warehouse robots that travel three times the speed of Amazon’s, according to a report by Bloomberg. Shares in the online-only grocer have more grown about 72 percent in 2019 so far, after jumping almost 50 percent in 2018.

Florida 143
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Off The Continent And Into Puerto Rico For Online SMB Lending

PYMNTS

In an interview with PYMNTS, Rohit Arora, chief executive officer of Biz2Credit, stated that the digital platform and online lending applications are conducive to a mobile-centric interaction between Oriental Bank and smaller businesses.

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Five At Five: Apple Pay Joins eBay Ecosystem

PYMNTS

Coverage includes eBay entering a new relationship with Apple Pay, MoneyGram and Visa announcing a new P2P partnership, Amazon expanding its Whole Foods Market delivery service to new Florida and New York markets, Synovus Financial acquiring FCB Financial Holdings and Ford Motor Co. launching a new self-driving unit.

Apple 101
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ALDI Plans 70 New Store Openings In Expansion Push

PYMNTS

The value grocery chain also said it intended to come into the greater Phoenix market and continue to support Gulf Coast store growth with a new Alabama distribution center, according to a Tuesday (July 21) announcement. The grocer intends to break ground on its new Loxley, Alabama distribution center and regional headquarters next year.

Alabama 159
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Kroger, Ocado Announce Two New Customer Fulfillment Centers

PYMNTS

Kroger and Ocado , one of the world’s largest online grocery retailers, have announced that Central Florida and the Mid-Atlantic will be the next regions for Kroger’s two newest customer fulfillment centers (CFC) in the U.S. As the U.S. which would make its home delivery platform available in the country.

Ohio 122
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Marks & Spencer Looks To Launch Food Delivery Service With Ocado

PYMNTS

Marks & Spencer is in discussions with online supermarket Ocado that would offer the British retailer a food delivery service for the first time. Ocado launched online grocery deliveries 20 years ago with Waitrose, but their latest agreement is set to end next year. giving it an entry in the U.S. As the U.S.

Ohio 101
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Retail Bankruptcy Tracker: Claire’s And Grocers Throw In The Towel

PYMNTS

Regional Grocery Chains Gobbled Up by Larger Competitors. Winn-Dixie will close 35 stores in Florida after its owner Southeastern Grocers filed for bankruptcy last week, Bloomberg reported. Amazon takes the brunt of the blame for driving local and regional supermarket chains out of business, but it’s not working alone.

Retail 142