Some sort of Amazon/Tesco arrangement would make a lot of sense. Tesco might serve as a pickup point for Amazon orders in the UK or for returns. It might also enable Britons to pay for Amazon orders with cash at its stores. A major resource would the smaller Tesco locations in British cities, the Metro and Express stores.Read more
Details of the partnership were not available but it would presumably involve E. Leclerc accepting Amazon returns and possibly letting customers pick up Amazon orders in its stores. Another possibility is that customers might be able to order groceries from E. Leclerc through Amazon. Amazon recently entered into a similar arrangement with the ailing American department store chain Kohl’s (NYSE: KSS).
The privately-held E. Leclerc is France’s largest supermarket with 21.1% of the nation’s grocery market in April 2017, Statista reported. There were unsubstantiated rumors that Amazon might attempt to buy France’s second largest grocer Carrefour (OTC: CARR). Carrefour currently controls 20.9% of the French grocery market.Read more
Expect to see a mass die-off of sick retailers in January and February of 2018 as the dust from the 2017 holiday season settles. If it is anything like last year’s numerous retailers are likely to report losses and more than a few will shut down.Read more
Finally, Kroger’s low price raises an intriguing possibility that will creep some people out. What would happen if Amazon bought Kroger?
It’s not probable; and might not pass muster with the Federal Trade Commission (FTC), but it is a possibility we need to consider right now. Kroger is such a tremendous bargain right now, that it might attract Jeff Bezos’ attention.Read more
It would be possible to pay for purchases all over town with nothing but your finger if a British unicorn called Sthaler has its way. No card, no cash, and no clothes are needed to pay with Sthaler’s Fingopay system.Read more
Walmart is actually testing the use of Supplemental Nutritional Assistance Program (SNAP) benefits to pay for online grocery orders at a few stores, CNBC reported. SNAP is popularly known as food stamps but recipients usually pay with a card through electronic benefits transfer (EBT).Read more
One thing is certain both Dollar Tree and Dollar General are lousy investments because they are overpriced. Neither chain has done anything justify the high stock prices reported on September 12, 2017.Read more
After months of dropping, Target’s revenues suddenly displayed a small but noticeable increase of $26 million during Second Quarter 2017. That does not make up for the $4.23 billion revenue drop between July 2015 and April 2017, but it is an improvement.Read more
Amazon has some value-investment characteristics including a lot of cash and the ability to generate vast amounts of cash on a regular basis. The problem is that unlike companies such as Microsoft, Oracle, Alphabet, and Apple, it cannot keep that cash around.Read more
It looks as if the Amazon-owned Whole Foods is going to become more like a traditional supermarket. The big question we have to ask is will that be winning strategy for either brand?Read more