Albertsons Launches its IPO
The grocer, which runs 2,252 stores under banners including Albertsons, Safeway, Vons and Shaw’s, estimates that its stock will begin trading in the range of $18 to $20 per share, suggesting that the company could raise between $1.2 billion and $1.3 billion when it goes public.
Kroger's Omnichannel Investments Pay Off Big in Q1
Kroger’s digital sales grew 92% during Q1 as many safety-conscious shoppers opted to get their groceries delivered to their homes and cars. Kroger added delivery and store pickup slots and waived the $5 fee for its pickup service in order to drive shopper engagement.
Third-Party vs. In-House Delivery: A Guide to Informed Choice
What we can say with certainty in June of 2020 is that the brands you operate and market have major decisions to make about serving customers in both the best and worst of times. This is crucial work, and the only thing more important in local commerce right now is the significant power brands are suddenly wielding to set standards for how delivery and delivery persons will work. Recognize that power.
How Groceries Can Adjust to Delivery Changes
As Covid-19 continues to ravage on, retailers worldwide are undergoing massive grocery changes. As a result, customers expect your shop to deliver more than ever. So, do you have the tech in place that can streamline some of those new online delivery updates? Are you ready to shape your business to meet the new reality?
Meal Kit and Grocery Deliveries Soar as Lockdown Keeps Shoppers at Home
Meal kit and grocery delivery firms have seen sales surge in recent months as the amount of money spent on home-delivered food more than doubled in the wake of the coronavirus outbreak. Spending on meal kits and grocery boxes sent to people’s doors soared by 114% in April after people were told to stay indoors, according to new figures from Cardlytics.
BOPIS (Buy Online Pick Up in Store Up) Hits the Big Time
Adobe Analytics via (Digital Commerce 360) reports BOPIS orders increased a whopping 208% in April over the same period in 2019, based on online sales data from trillions of anonymous visits to retail sites and tens of millions of product SKUs from 80 of the top 100 retailers in the Digital Commerce 360 Top 1000. The stats are based on 18 product categories including apparel, electronics, home, grocery, appliance, personal care, office supplies, and more.
Why the Battle between Sales and Fulfilment will Redefine the Physical Store
The pandemic has placed a lot of pressure on bricks-and-mortar retail, not least by re-emphasizing quite how convenient and comprehensive e-commerce solutions are by comparison. But as store operators rushed to find new forms of revenue whilst premises remained closed – often by home-brewing their own delivery services – what many have realized is that the future of e-commerce is less about the global supply chain and more about the local one. And that’s a future in which stores could play a key role.
All You Need To Know About Launching An App Like Instacart
As Instacart is reaching new heights during this pandemic, many entrepreneurs take inspiration and want to launch a business or delivery app like Instacart. To draw a better understanding, let’s take a deeper look at Instacart’s customer retention strategies by dissecting its business model and revenue model.