PYMNTS
DECEMBER 17, 2019
As grocers test out different approaches to get products to shoppers in a more efficient manner, food retailers are betting big on small warehouses to shore up their growing delivery operations. Delivery stands as a big area of innovation. And in this case, smaller can be better, it seems. Walmart, Albertsons Cos. Walmart, Albertsons Cos.
PYMNTS
AUGUST 17, 2020
As COVID-19 leads more customers to purchase groceries through the web, Stop & Shop owner Ahold Delhaize NV is putting more resources toward online shopping operations. The company opted to speed up the expansion of its eCommerce channels and connect online shopping with physical retail due to COVID-19, Knight said in the report.
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PYMNTS
JANUARY 28, 2020
Russia’s biggest technology firm, Yandex NV, launched an online service that uses bike couriers to bring groceries to Moscow residents in 15 minutes, Bloomberg reported on Tuesday (Jan. In the beginning, Yandex got its grocery items from the retailer Metro AG. Sales are in excess of 127 billion rubles ($2 billion).
PYMNTS
DECEMBER 13, 2019
Grocery retailers are making it easier for consumers to shop with their mobile devices through digital innovations. Chief Digital Officer Jag Bath said per a post , “The new My H-E-B mobile app is a perfect example of how we are investing in new technologies to enhance our digital services and establish H-E-B as a digital retail leader.”
PYMNTS
OCTOBER 3, 2018
Mattress Firm and its parent company, Steinhoff International Holdings NV, didn’t respond to Reuters ’ requests for comment. In August , people familiar with the company said that the retailer was mulling a bankruptcy filing. Tempur Sealy International’s stock rose 5.2 percent and closed at $52.64 as a result.
PYMNTS
AUGUST 10, 2018
Brick-and-mortar retailers have sought to reduce their retail footprint in hard times, and Mattress Firm, Inc. Steinhoff International Holdings NV, which acquired the company in 2016, has reportedly sought to restructure some of its subsidiaries’ debt. is no exception.
PYMNTS
SEPTEMBER 24, 2019
The digital bank is led by entrepreneurs Marius Nacht of cyber security company Check Point Software Technologies , and Amnon Shashua of autonomous driving developer Mobileye NV. Set to launch in a year and a half, it will provide credit and brokerage services to retail customers.
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