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Discount Retailers Move Away From eCommerce

PYMNTS

If it weren’t for a certain pandemic that is dominating most news, the two biggest stories in retail over the past week would have been stunning at any other time. And both of them are turning away from online sales. It’s also expanding its store base in existing as well as new markets.”. That’s right – no eCommerce.

Retail 131
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How Experiential Retail Is Giving Physical Stores An Edge

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As 2020 unfolds, the retail business has been dramatically altered. But with consumer spending holding steady, it’s important for retailers to grasp the opportunity to create innovative ways to get, keep and grow customers. And retailers that deploy experiential tactics drive repeat purchases at rates nearly twice those who don’t.

Retail 210
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Retail Pulse: Amazon Grows 4-Star Footprint; Forever 21 Files For Bankruptcy

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Online retailers are expanding their brick-and-mortar footprints – and using feedback from eCommerce customers to inform the selections in their new stores. There are also digital price tags for every item, and Prime members can pay the discounted online price for their selections at the store. In Other Brick-and-Mortar News.

Retail 109
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Kroger Expands Home Chef Meal Kit Offerings To New Stores

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“Last October, Kroger introduced Home Chef retail meal kits, and we’re now expanding to add the easy-to-prepare recipes to hundreds of new locations, providing convenient access to the meal solution at more than 700 stores. .”

Ohio 116
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Grocery Round-Up: Digital-First Delivers For Kroger, Another Instacart Pair-Up And Hoarding Round 2

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Online sales were up 108 percent during the quarter. In late October , Cincinnati-based Kroger announced its “Restock Kroger” program — which aims to improve shipping, distribution and the links between its online and offline businesses — would be a major boost for shareholders. billion since March.”. "As 3) press release.

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Amazon Said To Roll Out PillPack Service To Employees

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News of Amazon ‘s acquisition of online pharmacy startup PillPack have had analysts assuming the eCommerce conglomerate is ready to introduce an online pharmacy to its suite of services. However, new reports from CNBC on Wednesday (Nov. 21) said Amazon may first be gearing up to introduce the service to its own employees.

Phoenix 141
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Walmart To Lay Off 1K Employees At Its Headquarters

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Bloomberg reported news that between 400 and 500 jobs were cut this week in marketing, human resources, merchandising, real estate and other departments. Earlier this month, it suddenly closed 63 Sam’s Club warehouses in several states, including in Arizona, Alaska, Texas, New Jersey, Indiana and New York. million nationwide.

Alaska 136