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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. warehouse — ostensibly the most technologically advanced in Europe. warehouse — ostensibly the most technologically advanced in Europe.

Florida 143
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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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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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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. 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
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Community Banks Aim To Amplify Competitive Edge With FinTechs

PYMNTS

The FI said earlier this month it would be working with Funding Circle and providing funds to be lent to SMBs through the online platform. I think these non-banks, FinTech-type opportunities are going to be the biggest threat to, especially, community banks going forward,” David Seleski, president of Florida-based Stonegate Bank.

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Target And The Troubles With Ship-From-Store

PYMNTS

Regional overstock of some goods? A location in Florida with far too many boots, and people in Maine crying out for boots? Ninety percent of online orders are ready to be put into customers’ hands within two hours. “Another problem surfaced soon after rollout: lack of space to hold online orders. No problem.

Retail 100