Walmart is spending on in-house research and acquiring retail brands and technology startups, all in pursuit of Amazon's e-commerce and advertising businesses. Walmart is not only selling its own products but increasingly partnering with other brands that can sell in stores and on Walmart's website, says Jet.com founder Marc Lore, who leads Walmart's domestic e-commerce business.
A Whole Foods Market store in New York City is the test site for a convenience store concept called Whole Foods Market Daily Shop. Local and organic products are paired with the ease of a convenience store, and shoppers can make their own acai bowls or get seasonal kombucha on tap.
Walmart will build new headquarters in Bentonville, Ark., on 300 acres over the next two years, and ultimately move 14,000 employees from its current digs, which were built in 1971. The new campus will feature employee perks including upgraded food offerings, child-care facilities, fitness centers and hiking and biking trails.
Basics Market will open a second location in Portland, Ore., with features including a beer and wine bar, nutrition classes, rotating meal stations and a cheese-aging observation station. The store is scheduled to open this summer with a focus on local and seasonal products.
French department store Printemps will expand internationally with new stores in Doha, Qatar, and Milan set to open in 2021. The company will roll out its own branded luxury e-commerce platform in 2020 and buy Made in Design, an online home goods retailer.
With nearly 50 million deliveries, online grocery service Peapod has mastered the use of personalised marketing and data. Co-founder Thomas Parkinson and Chief Marketing Officer Carrie Bienkowski will talk about marketing technology, why it's critical and why it's hard to do well at the NRF NXT conference in Las Vegas in July. Register now.
Shamrock Foods has purchased 116 acres in Aurora, Colo., and expects to construct a distribution center.
Electrical distributors creating a data management strategy should approach key objectives one piece at a time, says Gregory Smith of SPASIGMA. Clean data is a prerequisite for any further analysis, even if you have to outsource that task, he says.
Furniture retailer Living Spaces opened a 185,000-square-foot store in Grand Prairie, Texas, last week. It's the largest location in the 22-store California-based chain, which makes about one-third of its furniture in the US and has added designer styles from Magnolia Home by Joanna Gaines and others in the Texas store.
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