Retail models of the future news

27 November 2019
Countdown is set to open New Zealand's first darkstore in Auckland in April 2020. Increased capacity for Auckland shoppers The retailer will open its first online dedicated fulfillment centre in response to growing demand for the service. Countdown has been rapidly growing its online sales in recent years, announcing that it now accounts for 7.7% of sales in recent results. The facility wil...
14 November 2019
In the US, Amazon has made significant improvements to its grocery offer. Amazon usually launches new initiatives in the US and then replicates elsewhere, so these developments might provide a guide for your market. There are three key reasons Amazon is prioritising the US. It’s Amazon’s largest market, it’s estimated it has over 100m Prime members, it delivered $160bn net sales (68% o...
30 October 2019
Walmart and Green Dot are partnering to establish a new fintech accelerator, TailFin Labs, LLC, to develop innovative products, services and technologies that sit at the intersection of retail and consumer financial services. Integrating omnichannel retail and financial services This new initiative builds on the existing relationship between the two companies. Green Dot is the issuing bank ...
24 October 2019
Thornton’s Budgens in Belsize Park, London, has launched a new range of plastic-free products, including store cupboard essentials, drinks and personal care products. Unpackaged range At the end of 2018, Thornton's Budgens store in Camden switched more than 1,700 product lines to plastic-free packaging, with the aim of becoming "virtually plastic-free" within three years. By January 29th,...
10 October 2019
Tesco has invested in checkout-free start-up company, Trigo Vision, to trial cashierless technology at its Tesco Express store at its Welwyn Garden City headquarters.Tesco’s investment is in addition to a $22 million funding round recently announced by Trigo Vision. Facilitating frictionless shopping Trigo Vision’s technology will allow Tesco app users to walk into the store, select items t...
08 October 2019
Target is partnering with the newly launched ToysRUs.com platform to power its product offer, digital capabilities and fulfilment services. Bringing the brand back to the US Tru Kids Brands, which owns the Toys”R”Us brand, announced earlier this year that it would relaunch in the US following its exit from the market in 2018. As the first phase of this, the company has launched an online pr...
20 September 2019
Amazon has launched The Climate Pledge, a commitment to meet the Paris Agreement ten years early. The Climate Pledge The Climate Pledge, launched by Amazon, is a plan to become carbon neutral by 2040 and reach the Paris climate agreement ten years early. The retailer is also asking other companies to sign the pledge. Companies that sign agree to measure and report greenhouse gas emissions r...
26 August 2019
Target will open up to 65 in-store Disney stores over the next two years as part of a new partnership between the two companies. We look at how this aligns with Target’s strategic priorities and what it could mean for its retail model. Creating an in-store destination The first 25 of the shop-in-shop concepts will launch in October, with a further 40 planned by October 2020. The two compani...
19 August 2019
Following the launch of a pilot programme, Kroger Express, last October, Kroger and Walgreens are expanding their strategic partnership. In a major development, this will include offering some of Walgreens’ health and beauty ranges at Kroger’s stores. Is marriage the next step in the relationship? Multi-faceted trading retail partnership Last year, Kroger and Walgreens launched a new stor...
08 August 2019
HEB plans to develop a 150,000 sq ft facility in San Antonio, Texas to support the growth of the HEB Digital team. Creating 500 new tech jobs HEB expects the new centre to open in 2022 and will complement its recently opened tech hub in Austin. The retailer plans on relocating team members from other locations in the city, including product, design, technology and ecommerce teams. As part o...