Currently, I’m leery of both UPS and FedEx because of the danger they are in, in a changing retail market. Threats to these companies abound from both new businesses and new technologies.Read more
FedEx benefits because it is still Walmart’s delivery service of choice for online orders. Walmart’s push to attract new rural, middle-class and upper-class customers will benefit FedEx because those customers rarely go near Walmart stores. An example of this push was the purchase of the men’s clothing site Bonobos which sells mostly online to males that hate to shop.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
It looks as if Walmart is actually beating Amazon in the delivery wars.
The discount giant has expanded its same-day service which was only available in Tampa and Phoenix to those cities, CNBC reported. Walmart customers in Denver are able to get orders delivered by Lyft, the article did not say if that service will be expanded.Read more
The question we need to ask is: “what companies will Amazon acquire next?” Some probable candidates for Amazon acquisition include:Read more