Store of the future news

05 March 2020
Woolworths and Terracyle's Loop are working to bring on board both suppliers and customers to test the new solution in a trial that will kick off in June 2021. Woolworths exclusivity for first year Woolworths and Terracyle announced their new partnership last year, which will give the retailer exclusivity to Loop's reusable product packaging for its first year of operation in the market. To...
02 March 2020
We visited the new Amazon Go Grocery format in Seattle, the retailer’s larger format store featuring its just walk-out technology which opened last week. Largest store to launch This new store format at 14,000 sq ft is significantly larger than the 24 Amazon Go stores which have opened to date. Most of these stores sit within the 1,000-2,000 sq ft range. This store adopts the fresh green an...
28 February 2020
We look at how Walmart is developing alternative revenue streams, including a new membership programme, fulfillment services and its digital marketing platform. 1. Walmart+ Press reports indicate that Walmart is looking to develop a membership programme, Walmart+. This will be centred around its ecommerce pickup and delivery services, but also likely to feature other benefits for a monthly ...
26 February 2020
Amazon has opened its first large format grocery store with Just Walk Out technology in Seattle. The store is 7,700 square feet in the front of the house and 10,400 square feet overall, making it the largest use of Amazon’s Just Walk Out technology to date. Amazon Go Grocery In January 2018, Amazon opened its new Amazon Go concept in Seattle to the general public, marking the first checko...
24 February 2020
Woolworths Australia has announced that its first supermarket featuring automated picking technology will launch later this year, while it has extended its 2-hour Delivery Now service. First Takeoff Tech store to be located in south east Melbourne Woolworths announced its new partnership with Takeoff Technologies last year, with plans to roll out automated picking facilities into a number o...
23 December 2019
Press reports have outlined several ways in how Walmart plans to re-position its network of Supercentres to drive sales growth and invest in new income streams. Structural challenges Walmart’s network of over 3,500 Supercenters, most of which are in excess of 15,000 SQ M, is often considered to be a future-challenge for the business. The on-going shift of its general merchandise business on...
27 November 2019
Countdown is set to open New Zealand's first darkstore in Auckland in April 2020. Increased capacity for Auckland shoppers The retailer will open its first online dedicated fulfillment centre in response to growing demand for the service. Countdown has been rapidly growing its online sales in recent years, announcing that it now accounts for 7.7% of sales in recent results. The facility wil...
14 November 2019
In the US, Amazon has made significant improvements to its grocery offer. Amazon usually launches new initiatives in the US and then replicates elsewhere, so these developments might provide a guide for your market. There are three key reasons Amazon is prioritising the US. It’s Amazon’s largest market, it’s estimated it has over 100m Prime members, it delivered $160bn net sales (68% o...
30 October 2019
Walmart and Green Dot are partnering to establish a new fintech accelerator, TailFin Labs, LLC, to develop innovative products, services and technologies that sit at the intersection of retail and consumer financial services. Integrating omnichannel retail and financial services This new initiative builds on the existing relationship between the two companies. Green Dot is the issuing bank ...
24 October 2019
Thornton’s Budgens in Belsize Park, London, has launched a new range of plastic-free products, including store cupboard essentials, drinks and personal care products. Unpackaged range At the end of 2018, Thornton's Budgens store in Camden switched more than 1,700 product lines to plastic-free packaging, with the aim of becoming "virtually plastic-free" within three years. By January 29th,...