Asian specialty grocer iFresh, with 13 locations across the US, will begin accepting payment via Alipay, the quick checkout application from Alibaba.com, China's online retail giant. The move should make shopping easier for Chinese tourists visiting the US.
Bold leaders are not impulsive or overbearing, but they do act decisively while knowing how much risk their team can manage, writes LaRae Quy. "They have mental toughness -- they believe they will prevail in their circumstances rather than expect their circumstances to change," she writes.
California-based Taylor Farms will streamline its distribution system, adding a 150,000-square-foot refrigerated facility in Laredo, Texas. The company will use the facility to store its own produce and that of other suppliers to cut the number of pickups needed, Taylor Farms said.
A bill to allow Sunday sales of wine and liquor advanced Wednesday in the Tennessee House on a subcommittee voice vote. The measure's latest version would allow liquor stores to sell on Sundays as soon as July 1, but grocers would have to wait until Jan. 1.
A proposal in Maine would reduce the deposit on wine and spirits bottles to 5 cents, matching the state's deposit on beer bottles. The change would make the state more competitive with its neighbors and streamline the redemption process, advocates said.
After Britain leaves the European Union market in the wake of the Brexit vote, Scotch-makers say they prefer a default to the rules of the World Trade Organization. The WTO rules mandate no tariff on whiskey imported into the EU.
About 57% of Costco members are also Amazon Prime members, compared to 13% five years ago, according to a survey from MoffettNathanson. "Americans appear to be buying into the concept of owning two 'shopping' memberships as the value proposition is fundamentally different," the firm wrote in a research note.
Consumers are likely to accelerate their adoption of online grocery shopping in the wake of recent mergers and acquisitions, a Nielsen report projects. Up to 70% or 80% of shoppers will be venturing online for at least part of their groceries within five to seven years, according to Nielsen's Laurie Rains.
Actor Ryan Reynolds has become an investor and board member for Aviation American Gin, which also has named him as one of the creative directors for the brand. "About a year ago, I tried Aviation for the first time. Since that day, I've spent my time finding some way to infiltrate the company," Reynolds said.
Beating a dire cancer diagnosis emboldened Vice Cream founder Dan Shorr to embrace the entrepreneurial spirit while hiring smart people to manage while he tackles strategy and fundraising. "If I find that I am managing the team, I think I have the wrong team as a small company," he says.
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