PYMNTS
AUGUST 17, 2020
As COVID-19 leads more customers to purchase groceries through the web, Stop & Shop owner Ahold Delhaize NV is putting more resources toward online shopping operations. The company owns the Peapod eCommerce grocery offering in the United States in addition to click-and collect offerings, The Wall Street Journal reported.
PYMNTS
OCTOBER 3, 2018
The company, which is based in Texas, has 3,000 brick-and-mortar stores, Reuters reported. Mattress Firm and its parent company, Steinhoff International Holdings NV, didn’t respond to Reuters ’ requests for comment. In August , people familiar with the company said that the retailer was mulling a bankruptcy filing. as a result.
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PYMNTS
AUGUST 10, 2018
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.
PYMNTS
JANUARY 28, 2020
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. In the beginning, Yandex got its grocery items from the retailer Metro AG. Sales are in excess of 127 billion rubles ($2 billion).
PYMNTS
DECEMBER 12, 2019
As grocers test out different approaches to get products to shoppers in a more efficient manner, food retailers are betting big on small warehouses to shore up their growing delivery operations. Yael Cosset, chief digital officer, said per the report, “You control and you know exactly what’s in the facility.” .
PYMNTS
DECEMBER 20, 2019
Auto manufacturers Daimler AG’s Mercedes-Benz, Ford Motor Co, and Fiat Chrysler Automobiles NV are reaping profits, Bloomberg reported Thursday (Dec. percent gain in 2018, thanks to high demand from online retail seller Amazon. percent hike from the same time a year ago, published reports said.
PYMNTS
AUGUST 7, 2018
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. percent and closed at $52.64, Reuters reported. As Mattress Firm, Inc. On the news, Tempur Sealy International Inc.’s s stock rose 5.2
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