Amazon recently opened its first small-format grocery store, Amazon Grocery, in Downtown Chicago. The 3,800-square-foot location offers a streamlined, 3,500 SKU assortment of convenience and grocery basics. The first-of-its-kind concept is located on the ground floor of the One Chicago building at 3 W. Chicago…
Amazon Prime Day returned for the 10th time earlier this week, along with a surge of sales from competing retailers, such as Target, Walmart, TikTok Shop, and Temu. US e-commerce sales over the two-day event reached a record $14.2 billion, an 11% increase from 2023. …
Walmart’s Stunning Reversal Earlier this week the retail giant caught the industry by surprise with its decision to close all Walmart Health clinics and its virtual care service. It’s worth noting that Walmart announced plans to open 22 new Walmart Health locations only a month…
Target will launch its new paid membership program next month alongside a revamped loyalty program. In addition, Target just announced it will be expanding its brick-and-mortar footprint by an additional 300 stores with a refreshed store experience over the next 10 years. The newly announced…
Whole Foods Market announced plans to introduce a new “quick-shop store format” named Whole Foods Daily Shop, with the first location slated to open later this year on the Upper East Side in Manhattan. Ranging between 7,000-14,000 square feet in size, the new small format…
What began as Amazon’s Prime Day promotional event in July has evolved into a full-fledged promotional week, with Target, Walmart, and others participating in what some are now calling “Black Friday in July”. Will consumer demand for discretionary goods match last year’s high levels? Can…
This week, Amazon made headlines with their inaugural Prime Early Access sale, which gave members early access to holiday deals on popular products. While this additional sales event has been criticized by some for its lack of social media buzz amidst 2 quarters of declining…
Whole Foods recently opened a 21,000 square foot store in the Glover Park neighborhood of Washington D.C. It is notable for being only the second “full sized” supermarket to incorporate the Just Walk Out technology that first appeared in Amazon Go stores and more recently…
Amazon announced that it is closing 68 retail stores, which are comprised of Amazon Books, Amazon 4 Star and Amazon pop-up stores. This announcement has taken the retail world by surprise, particularly as the company recently had plans for further expansion of these concepts. The…
Amazon Fresh and Dom’s Kitchen & Market are two leading food retail concepts that have emerged in the US over the past year. Look up either retailer and you will find search results that hail both concepts as the “future of grocery” and the “store…
