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Ahold Delhaize Bolsters Investment In eCommerce

PYMNTS

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 opted to speed up the expansion of its eCommerce channels and connect online shopping with physical retail due to COVID-19, Knight said in the report.

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UBS gets a dose of digital disruption in CEO’s first major move

BankInovation

Coming from ING Groep NV, the Dutch lender he’s credited with transforming, the Dutchman’s mission statement is to pull […]. UBS Group AG has become an investor favorite in recent years as a reliable beacon of profitability.

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Mattress Firm May Be Gearing Up For Bankruptcy Filing

PYMNTS

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. Tempur Sealy International’s stock rose 5.2 percent and closed at $52.64 as a result.

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

PYMNTS

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.

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

PYMNTS

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).

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Grocers Bolster Delivery Efforts With Small Warehouses

PYMNTS

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. Walmart, Albertsons Cos. Walmart, Albertsons Cos. are building to make deliveries over broader areas. and South San Francisco, Calif.

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Amazon’s Delivery Fleet Reaches 30K Cargo Vehicles

PYMNTS

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. Mercedes-Benz van deliveries are up 2.9 percent this year after a 9.1

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