Amazon will refile documents seeking approval for its $13.7 billion purchase of Whole Foods Market, Whole Foods said Friday. The refiling allows more time for US antitrust enforcers to review the deal, which was originally filed about a month ago.
Millennials spend $2,300 more per year on necessities such as groceries, gas and cell phone bills than those over 37 years old, according to a study from Bankrate.com. Older individuals outspend millennials on television and travel, according to the survey.
Walmart will expand its automated Pickup Towers to 100 US store locations, where the 16-foot-tall towers will allow shoppers to retrieve their orders after scanning receipt barcodes, the company said. The towers are currently located at 20 of the retailer's stores, after launching last year.
Whole Foods Market opened a new 40,000-square-foot two-story store in the Harlem neighborhood of New York City with a product selection tailored to the surrounding community. The retailer first announced plans for the store five years ago, and the store features Whole Foods' first kebab grill, Cuban-style sandwich and coffee offerings and products from about 20 local suppliers including Mama's One Sauce spicy marinades, Sylvia's spices and rubs, Harlem Pie Man's pies and Egunsi Foods' West African soups.
Albertsons CEO Bob Miller learned a lot about quiet leadership through his time playing sports, his first job sorting bottles at a grocery store and even a bout with polio as a young child, he said. After taking the reins at Albertsons and crafting a turnaround that included decentralizing and putting employees in charge, Miller said the retailer is looking toward future plans including aggressive store remodels, a rollout of home delivery services, an eventual public offering and readying for new competition in grocery.
Fruits accounted for more in grocery store dollar sales and volume than vegetables in the first quarter, according to United Fresh's FreshFacts on Retail report. More than half of grocery trips did not include produce during the period, but baskets that included produce were worth an average of $63, compared with $22 for baskets that did not include produce, the report found.
Global sales of logistics and warehousing robotics will reach $22.4 billion by 2021, according to research firm Tractica. Amazon has proven that a fast-paced, customer-driven economy is profitable at scale, and now many retailers are looking toward automation to improve efficiency in their fulfillment and warehousing.
Apple's exclusive YouTube spot for the iPhone 7 stars Dwayne Johnson enlisting the help of Siri to get through a hectic day. "The Rock X Siri: Dominate the Day" sees Johnson managing to squeeze a few extra activities into his already ridiculously busy schedule, such as flying a passenger jet to Rome and touching up the ceiling of the Sistine Chapel.
Actress Rebel Wilson launched a new plus-size clothing line, Rebel Wilson X Angels, at Nordstrom. Wilson, who launched the brand at a Seattle Nordstrom store over the weekend, said she created the line due to her own struggles with finding fashionable clothes.
Hudson's Bay Co., JD.com and other retailers are testing robots that can pick items off warehouse shelves and put them in boxes for shipping, as consumer demand grows for online shopping and speedy delivery. Some of the robots are 50% faster than human employees at moving products including toys and electronics, robotics companies have said.
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