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Uber Eats Shuts Down In Several Markets

PYMNTS

In eight countries, it appears that the parent company has decided Uber Eats fails to deliver the desired market clout. As a result, Uber is dropping its online food delivery business in the Czech Republic, Egypt, Honduras, Romania, Saudi Arabia, Ukraine and Uruguay. Careem is an Uber subsidiary focused primarily on the Middle East.

Marketing 161
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Reseller Market Maintains Momentum With Nordstrom’s Entry

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While “reselling” or “secondary market” are more likely to keep ownership of this burgeoning market, the reselling market is reinventing itself for 2020. Nordstrom has not yet launched its online intake program where customers will have the ability to mail in merchandise. We like the handle.

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Amazon, Google’s Expansion In NYC To Spark Talent War

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Headhunters report that while the direct impact from Amazon and Google remains to be seen, it is good news for the job market in New York City. It is the largest labor market in the country, and it’s a fairly diversified market.” That makes it worthwhile to pay high rent and labor costs.

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Dutch Retailer Ahold Delhaize Acquires Majority Stake In FreshDirect

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Dutch retailer Ahold Delhaize — owner of grocery behemoths Giant and Stop & Shop — has acquired a majority stake in supermarket delivery startup FreshDirect amid an online shopping surge propelled by COVID-19. “We FreshDirect gets a parent with real buying power and the means to further expand in East Coast markets.”.

Retail 153
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Starbucks Speeds Up Digital Shift As It Forecasts Q3 Loss Amid Pandemic

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had plummeted by 43 percent as the company brought stores back online but changed hours as well as operations. have reopened, and many of the shops that are still shuttered are in the vicinity of New York City. The news comes as Starbucks unveiled plans to speed up change to its U.S.

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Is In-Store Beauty Immune From Online?

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The accepted wisdom of the current retail reality is that no formerly brick-and-mortar brand can operate in a vacuum from the destabilizing effects of online sales. It would seem as if the cosmetics industry has found a corner of the retail market that Amazon can’t touch – though it’s not for lack of trying.

Online 101
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Neiman Marcus May Shutter Key Manhattan Store

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Neiman Marcus reportedly may vacate its fashionable year-old digs at the Shops at Hudson Yards in New York City, as its landlord is shopping it to potential tenants as office space. Meawhile, the coronavirus crisis has pushed more consumers to online shopping. percent of them say they’ll stick with those experiences.