Grocery, mass retailers to up the ante in technology investment

Digital transformation, operational efficiency and productivity are main drivers, with increased automation likely to disrupt workforce, new Incisiv research finds.


Walmart plans layoffs at its e-commerce fulfillment centers

The retailer said the cuts are necessary to “better prepare for the future needs of customers.”

BNPL orders jumped 40% for the retail grocery category in January and February, Adobe Analytics data show.

Larger customer fulfillment center announced over three years ago goes live in Frederick, Maryland.

Impact to third-quarter earnings estimated at $39 billion, but the actual total likely tops $50 million Canadian dollars or about $36.4 million in U.S. currency.

The latest layoffs follow an announcement at the beginning of the year that the retail giant would eliminate 18,000 positions.

Improved meal ordering and customer metrics, plus operational efficiencies, provide bright spots alongside Q4 revenue decline and net loss.

Silicon Valley Bank collapse further squeezes online retailer’s liquidity as it continues to pursue a company sale.

Rapid online grocery delivery company says Yilmaz will oversee its financial operations and global financial strategy across nine countries.

Shoppers can now use SNAP benefits on Flashfood at all Meijer supercenters and Meijer Grocery stores.

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