Capgemini

Early indications are that competitors didn't give Amazon much competition price wise Prime Day.   The third annual shopping extravaganza, which kicked off on July 10 at 6 pm PST and was scheduled to run until the wee hours of the morning of July 12, was originally introduced as a way to reward existing Prime shoppers and attract new ones. With promises of new deals every five minutes, the company reported on Tuesday that customers worldwide are shopping at “record levels,” according to CNBC.  

Click-and-collect boxed-meal delivery services are encouraging more customers to make online grocery shopping part of their weekly routine.    Currently, 97% of all consumer-packaged goods (CPG) dollars are still being spent in brick-and-mortar retail stores. However, the popularity of click and collect boxed-meal delivery services has 28% of shoppers purchasing groceries online regularly.  

In a blockbuster deal, online giant Amazon is acquiring Whole Foods Market in an all cash transaction valued at $13.7 billion, or $42 a share.    John Mackey, co-founder and CEO of Whole Foods, will remain CEO of the grocer after the deal closes. Stores will continue to operate under the Whole Foods banner, and the company's headquarters will remain in Austin, Texas.  

Chuck Grom, analyst, Gordon Haskett analyst:

Despite a decline in the overall health & personal care (HPC), baby and grocery categories industry-wide, Amazon is grabbing double-digit wallet share.  

Chain Store Age recently spoke with Goro Yumiba, chairman and CEO of SATO Global Solutions, and learned how retailers can leverage Internet of Things solutions, including RFID, to bolster in-store experiences.

How can embracing the power of data improve retailers’ business processes, growth and results?

In today’s fast paced dynamic business environment, successful retailers must be responsive to the market and make decisions promptly. Enter the power of data.

Not only is coupon app usage increasing, but discounts received via mobile devices are influencing where consumers decide to shop.    Mobile coupon usage has increased 42% from 2016, while in-store shopping rewards app usage has increased 34% during the same time period. More importantly, the discounts received via smartphone or other mobile devices are influencing where 67% of consumers decide to shop.