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Mass Merchant

  • Report: Super Bowl pays off for online grocers

    Not only was the 2017 Super Bowl a game for the record books, it also drove shoppers to their favorite e-grocers to prep for the big game.   As time-pressed Americans football fans shopped with online grocers for game day necessities, they spent more than $150.18 per order — just a few cents more than the average cart size of all goods purchased on Black Friday, which was $149.68.  
  • Wal-Mart increases stake in Chinese e-commerce giant

    Wal-Mart Stores keeps upping its investment in JD.com.   The discounter has increased its stake in the Chinese online company to 12.1%, (worth about $4.87 billion), from the 10.8% stake it had in October, and the 5.9% stake it had in June of last year, according to a report by Business Insider.  
  • Analysis: Amazon Q4 — Prime is the big story

    While it missed some analysts’ aggressive $44.7 billion quarterly revenue estimate, Amazon continues to record solid growth. Fourth-quarter sales were up 22% year over year to $43.7 billion. The retailer also maintained profitability throughout 2016, indicating that the flywheel continues to accelerate, especially in North America.   
  • Mega-mall in Florida gets preliminary approval

    The largest proposed mall and entertainment center in North America  has been granted its first approval.    The comphrehensive master plan of the massive,  6.2 million-sq.-ft.  American Dream Miami project won preliminary approval from the Miami-Dade County Commission, reported The Read Deal.  
  • Dick’s Sporting Goods to take former Sears space at Capital City Mall

    Dick’s Sporting Goods will be relocating one of its stores in the Harrisburg, Pennsylvania, metro to space formerly inhabited by Sears at PREIT’s Capital City Mall.  
  • Is Amazon eyeing robot-managed grocery store?

    A report has Amazon considering its next foray into the grocery segment, but in a manner that would require very little human intervention.      Amazon is reportedly contemplating a two-story, automated supermarket that would feature a staff of robots on the second floor that fulfill orders for shoppers waiting on the main level, according to The New York Post.  
  • Report: Alibaba sets up shop in Australia

    To tap growing global demand among shoppers in Australia and New Zealand, Alibaba opened its new international office in Melbourne.   On Saturday, Feb. 4, the e-commerce giant opened its new headquarters as a means of extending its reach — and product availability — to shoppers across the two countries, Reuters reported.   
  • Apple to double size of Fifth Avenue flagship

    Apple is going really big in Manhattan.   The retailer is expanding its flagship at the General Motors building on Fifth Avenue from its current 32,000-sq.-ft. to over 77,000 sq. ft. The Apple space is renowned for the glass cube located on the street level.    While the store is undergoing the expansion, Apple has temporarily moved into a space in the building that was formerly occupied by FAO Schwarz.     
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