Whole Foods Market moves into the fast-growing same-day grocery-delivery space with the news that it is partnering with one-hour grocery delivery start-up Instacart to have products delivered to customers' homes in as little as one hour. Customers will soon also have the option to place orders via Instacart and pick up their order at a local Whole Foods store.
So-called "adversarial procurement" practices among large retailers are a threat to the "integrity of the food industry", according to a major report into the horse meat scandal in Europe.
Property developer Wanda Group and Internet giants Baidu and Tencent have unveiled an e-commerce venture in a challenge to industry leader Alibaba Group ahead of its U.S. stock offering.
Staples says it is enhancing its omnichannel experience, including the ability to buy products online and pick them up in-store within hours, an easier way to pay online called Visa Checkout, new in-store kiosks and, for the first-time ever, an iPad app.
In the folktale "The Three Little Pigs," a house made of brick is the one that the Big Bad Wolf can't blow down. If only today's brick-and-mortar retailers were as sturdy.
Macy's is putting its money where its mouth is, promising to invest up to $1bn in technology and infrastructure to support online and omnichannel efforts.
Big-box electronics giant Best Buy reported sagging second-quarter sales Tuesday amid increasingly intense competition from rival retailers.
The company's comparable sales dipped 2 percent in the U.S., though it still managed to post $146m in profit, largely thanks to a long-term cost-cutting program. But with few new electronics products to capture consumers' attention, the rest of 2014 isn't looking any sunnier.
A high degree of product diversity has become the norm across all industries in recent years as manufacturers have expanded their product portfolios to capture new revenue sources. The product variations can be staggering to consider. So can the complexity that results.