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The Race For Online Grocery Shopping Heats Up

PYMNTS

When Walmart announced Q2 earnings earlier this week, the nation’s largest retailer announced twin blowout performances in both its eCommerce and same-store sales. The companies are testing the service in four California and Oklahoma markets, with an eye toward a national launch in 2021. Same-store sales rose 9.3

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Amazon’s Plan To Enter UK Car Market Causes Problems For Britain’s Auto Sites

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online auto sales market after a current test run in Italy has unnerved shareholders of Britain’s biggest auto dealer websites. According to Bloomberg Markets , the news that Amazon might be selling vehicles in the U.K. In addition, manufacturers are allowing customers to configure cars online. to Alphabet, Inc.

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Yandex, The Russian Google, Has 15-Minute Grocery Delivery 

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Russia’s biggest technology firm, Yandex NV, launched an online service that uses bike couriers to bring groceries to Moscow residents in 15 minutes, Bloomberg reported on Tuesday (Jan. The free service, called Lavka, stocks roughly 2,000 items and plans to operate as a digital convenience market for items like toothpaste and condoms.

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Retail Pulse: Mattress Firm Mulls Bankruptcy; Walmart Plans Robotic Grocery Pickup

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Brick-and-mortar retailers have sought to reduce their retail footprint in hard times, and Mattress Firm, Inc. Steinhoff International Holdings NV, which acquired the company in 2016, has reportedly sought to restructure some of its subsidiaries’ debt. is no exception. In Other Brick-And-Mortar News….

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Mattress Firm Eyes Bankruptcy, Store Closures

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looks to shutter money-losing locations and find its way out of leases, people familiar with the company say that the retailer is mulling a bankruptcy filing. Steinhoff International Holdings NV, which is the parent of Mattress Firm and acquired the company in 2016, has reportedly sought to restructure some of its subsidiaries’ debt.

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Retail Pulse: H-E-B Rolls Out New App; Jimmy John’s Launches Loyalty Program

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Grocery retailers are making it easier for consumers to shop with their mobile devices through digital innovations. Chief Digital Officer Jag Bath said per a post , “The new My H-E-B mobile app is a perfect example of how we are investing in new technologies to enhance our digital services and establish H-E-B as a digital retail leader.”

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Israel Approves New Digital Bank

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The digital bank is led by entrepreneurs Marius Nacht of cyber security company Check Point Software Technologies , and Amnon Shashua of autonomous driving developer Mobileye NV. Set to launch in a year and a half, it will provide credit and brokerage services to retail customers.