Amazon news

30 July 2021
Amazon's net sales increased by 27% year-on-year (YoY) to US$113.1 bn, with operating income rising by 33% to US$7.7 bn. Rate of growth slowing Despite the strong sales growth, the rate was down on the 44% increase seen in Q1 this year. Amazon’s international segment grew 36% YoY, compared to North America which grew 22%. North America is still the dominant market, with sales accounting ...
26 July 2021
DIA and Amazon are expanding the coverage of their service to more cities in Spain, as Mercadona revealed its 2019 to 2020 sustainability investment and its future initiatives. Meanwhile, Eroski shared its 2020 growth as it increased its understanding of its shoppers’ behaviour and, finally, Condis revealed how franchising had helped it expand during 2020. DIA and Amazon expand express delivery...
12 July 2021
Tesco’s chief strategy and innovation officer Tony Hoggett is to leave the grocer to join Amazon as its senior vice president of physical stores according to an internal memo from Dave Clark, Amazon's Worldwide Consumer CEO. He is set to take up his new position in Seattle in January 2022. A distinguished career at Tesco Tony Hoggett joined Tesco in 1990 and has served in a range of leaders...
06 July 2021
Having seen a surge in demand for online grocery retail over the past year, we have remodelled how we expect the channel to grow in Australia over the coming years, predicting that online grocery will achieve a market share of 9.9% by 2026, up from an estimated 5.0% by the end of FY21. COVID-19 has accelerated online grocery by three years in Australia Woolworths and Coles currently control...
01 July 2021
Amazon Prime Day was on June 21 st and 22 nd offering more than 2 million deals and new exclusive promotions across Prime Video, Amazon Music and Prime Gaming. Last year’s Prime Day was moved back, into Q4, due to COVID-19. With a smaller gap between the events, it might have been challenging for suppliers to secure enough inventory and support with heavy discounts. Amazon drove visibilit...
16 June 2021
Amazon announced it has opened a new Amazon Fresh store in Bellevue, Washington which will feature the retailer’s Just Walk Out technology. First full-size grocery store to feature the tech The new Amazon Fresh store is 25,000 sq ft. It is significantly larger than Amazon’s stores that have opened to date which feature the Just Walk Out technology. For example, its Amazon Go Grocery store t...
16 June 2021
Vaccination to protect against COVID-19 is now more accessible in Asia, but the uptake has been sluggish.  To encourage more people to get the jab, some retailers as well as suppliers from the food and grocery industry are offering discounts and prizes for vaccinated individuals.  Hong Kong: ParknShop, Watsons and Sa Sa offer cash vouchers The CK Group has launched a lottery for Hong Kong r...
04 June 2021
French retailer Group Casino and Amazon have announced the launch of a new click and collect service in France. Initially available in Annecy and Clermont-Ferrand The new click and collect service will be rolled out initially in Annecy and Clearmont-Ferrand, before expanding into a dozen Casino stores by the end of summer. Amazon prime members will be able to order from a selection of mo...
28 May 2021
Amazon has launched miniTV, a free, ad-supported video streaming service within the Amazon shopping app. Available within Amazon’s app miniTV streams content across web-series, comedy shows, tech news, food, beauty and fashion. It is free to use and does not require a separate app, unlike Amazon’s Prime Video service which also requires a Prime subscription. Amazon said in a blog post: ...
04 May 2021
India’s second wave of COVID-19 infections continue to worsen, with no signs of slowing down.  The country’s overwhelmed healthcare system faces a shortage of hospital beds, oxygen, medicines and vaccines.  This has prompted another round of movement restrictions, with shorter operating hours even for grocery operators and other essential services.  And as more frontline workers report unwell, re...