With 19% of online sales, Target reinvests US$100 million in e-commerce logistics Americas The supermarket chain has announced that it is investing US$100 million in its e-commerce logistics to build six new order preparation centres by 2026. With this investment, Target is capitalising on its profitability driver: e-commerce. Interestingly, the company has reached a ceiling in its online sales last year.
In Brazil, the “cash & carry” format made Carrefour and Casino successful in 2022 Americas In a context of pressure on margins, and debt reduction for Casino, Brazil is a strategic market for the French food giants. Cash & carry stores are particularly popular, and Casino and Carrefour are both reorganizing store formats.
USA: Meta stops live shopping initiatives Americas In mid-February 2023, Meta (turnover of US$117 billion in 2022 down by 1%) indicated the end of the possibility to tag products (and thus make them “shoppable”) in live videos on …
Wholesale. Stocks are piling up for Levi Strauss, Michael Kors and Vans Americas In Q4 2022, Levi Strauss, Capri (Michael Kors, Versace), VF Corp (Vans,…
USA. The end of food stamps could affect retail Americas To support the economy during the Covid-19 pandemic (consumer spending represents about 70% of GDP in the USA),…
Walmart returns to strong growth in 2022, at the expense of margin Americas With a low price positioning, Walmart has managed to accelerate growth in 2022. This policy has nevertheless cost profitability. Note: the group has generated US$600 million in additional advertising revenue in one year.
At Amazon, surveillance technology impact workers’ health Americas According to the UNI Global Union report, the systems used by Amazon to quantify employee productivity also affect their mental health.
[Confidential] GPT Chat: Yext is working on two features based on the generative A.I. model Americas The U.S. company is one of the first to reveal integration of GPT 3, the GPT Chat language model, into its natural language chatbot. According to our information, another project is to have a semi-automated management solution, for online customer review, which will be based on generative A.I.
Ingenico partners with Splitit to offer BNPL in-store Americas Eager to offer customers more flexible payment options, Ingenico signed an agreement with Splitit, the white label platform specialized in fractional payment,…
The Home Depot launches new app for in-store salespeople Americas In the US, The Home Depot (9-month 2022 sales: US$121.6 billion, up 5.3%) has launched an application,…
