Retail models of the future news

16 June 2020
Walmart has acquired the technology platform, patents and key intellectual property of CareZone, a health-tech startup which helps individuals manage their medications. Improving access to healthcare services CareZone was developed to help users organise their health information and access health services. Through a mobile app, users can scan their insurance cards and product labels to bett...
21 May 2020
Facebook has launched a new feature on Facebook and Instagram, Facebook Shops, to help small businesses sell online. Facebook Shops The new feature is available for businesses to set up an online store for customers to access on both social media platforms. It is free for businesses to create a store, and they are able to choose their own featured products and customise the look and feel of...
10 March 2020
Amazon is set to sell its cashier-less technology, used in its Go stores, to other retailers, as reported by Reuters. Just Walk Out Amazon launched a website for its new initiative, Just Walk Out, inviting retailers to inquire about the service and answering various questions. Just Walk Out enables retailers to leverage Amazon’s cashier-less technology in their stores, which the retailer...
05 March 2020
Woolworths and Terracyle's Loop are working to bring on board both suppliers and customers to test the new solution in a trial that will kick off in June 2021. Woolworths exclusivity for first year Woolworths and Terracyle announced their new partnership last year, which will give the retailer exclusivity to Loop's reusable product packaging for its first year of operation in the market. To...
02 March 2020
We visited the new Amazon Go Grocery format in Seattle, the retailer’s larger format store featuring its just walk-out technology which opened last week. Largest store to launch This new store format at 14,000 sq ft is significantly larger than the 24 Amazon Go stores which have opened to date. Most of these stores sit within the 1,000-2,000 sq ft range. This store adopts the fresh green an...
28 February 2020
We look at how Walmart is developing alternative revenue streams, including a new membership programme, fulfillment services and its digital marketing platform. 1. Walmart+ Press reports indicate that Walmart is looking to develop a membership programme, Walmart+. This will be centred around its ecommerce pickup and delivery services, but also likely to feature other benefits for a monthly ...
26 February 2020
Amazon has opened its first large format grocery store with Just Walk Out technology in Seattle. The store is 7,700 square feet in the front of the house and 10,400 square feet overall, making it the largest use of Amazon’s Just Walk Out technology to date. Amazon Go Grocery In January 2018, Amazon opened its new Amazon Go concept in Seattle to the general public, marking the first checko...
24 February 2020
Woolworths Australia has announced that its first supermarket featuring automated picking technology will launch later this year, while it has extended its 2-hour Delivery Now service. First Takeoff Tech store to be located in south east Melbourne Woolworths announced its new partnership with Takeoff Technologies last year, with plans to roll out automated picking facilities into a number o...
08 January 2020
Walmart’s digital marketing arm, Walmart Media Group, has launched a new programme which provides advertisers with expanded access to their ‘Sponsored Products’ campaigns. Increasing visibility with shoppers Walmart Advertising Partners is a bidded auction-based marketplace which is designed to provide advertisers with greater transparency and control over their ads. Through the initiative,...
23 December 2019
Press reports have outlined several ways in how Walmart plans to re-position its network of Supercentres to drive sales growth and invest in new income streams. Structural challenges Walmart’s network of over 3,500 Supercenters, most of which are in excess of 15,000 SQ M, is often considered to be a future-challenge for the business. The on-going shift of its general merchandise business on...