Realty Income announces expansion into Continental Europe: Strategic sale-leaseback transaction in Spain
Realty Income Corporation (Realty Income), The Monthly Dividend Company®, announced that the company has closed on a €93mln sale-leaseback transaction in Spain, consisting of 7 properties under long-term net lease agreements with Carrefour and its real estate subsidiary Carrefour Property. This transaction represents Realty Income's debut real estate acquisition in Continental Europe.
Carrefour introduces delivery from BIO stores in Poland
Carrefour Polska is making it easier for customers across the country to access organic food products by offering delivery service from its network of Carrefour BIO stores. The retailer has partnered with the shopping service Everli to provide home deliveries. Other Carrefour Poland stores are also available on the Everli website, the company added.
"E-commerce is challenging the traditional distinction between consumer and shopper"
New players are gnawing away at the market share of the classic supermarket. The buying behaviour of younger generations requires a new, holistic view of consumer and shopper segmentation. "Everyone focuses on the classic compasses, such as shopping and consumer panels that only measure classic household purchases. But that's not the world today: it's happening elsewhere", says Dirk Vanderveken of Shopperware, who studies the new shopper behaviour.
Advertising based on actual purchasing behaviour and measuring the ROI of digital campaigns: Carrefour Belgium makes it happen
As the first retailer in Belgium, Carrefour now offers advertisers the possibility to personalise their communication based on customer's buying behaviour, thereby increasing conversion significantly.
Holland: Sendcloud closes 150mln round to grow its global presence
Sendcloud, the leading e-commerce shipping platform in Europe, has raised 150mln euros in a Series C funding round. The investment was led by Softbank, along with L Catterton and HPE Growth. The Dutch-based company will use the money to accelerate growth and continue its ongoing mission for international expansion. Their headquarters in Eindhoven currently houses 400 employees. In order to continue to grow its global presence, Sendcloud wants to use the capital to hire 250 more, the company said in an interview.
UK: StarStock partners with Morrisons to deliver food directly to pubs, restaurants and hotels
StarStock, the online marketplace revolutionising the on-trade drinks supply chain enabling brands to sell direct to operators, has partnered with Morrisons, to provide hospitality operators across the UK with direct access to more than 1,500 products from Morrisons.
France: This tech startup just raised $555mln to help retailers compete with Amazon
Mirakl, a French startup that builds online shopping services, is raising $555mln in a Series E round that includes Silver Lake, Bain and Felix Capital, and values the 10-year-old business at more than $3.5bln. Mirakl powers online marketplaces for 300 companies, including Best Buy, Office Depot, Hudson’s Bay, Kroger, Express, Urban Outfitters and Madewell, and has become a critical ally for retailers that are desperate to pry business away from Amazon.
US: Instacart gets under way with 24/7 delivery
Amid the fanfare of its “virtual convenience store” launch with The Kroger Co., Instacart quietly introduced another convenience-focused offering: 24/7 delivery service. San Francisco-based Instacart said that 24/7 delivery will be available at selected retail partners with stores open at all hours, including 7-Eleven, Walgreens, CVS Pharmacy, Rite Aid and Safeway locations. With the service, the online grocery delivery giant also will extend hours for retailers that aren’t open 24 hours a day but operate later at night or early in the morning.
US: Schnuck Markets goes bigger with local produce
Schnuck Markets expects the “most expansive local produce season” in its history with the help of the Foodshed.io platform. St. Louis-based Schnucks said that, for the 2021 season, more than 50 varieties of fresh, local vegetables and fruit will be available at all 111 Schnucks stores, ranging from tomatoes to watermelons to fresh herbs.
Kroger joins Buy Safe America Coalition
The nation’s largest supermarket retailer, The Kroger Co., has become a member of the Buy Safe America Coalition, an interindustry group that supports initiatives to prevent organized retail crime and the sale of counterfeit and stolen goods. In announcing its new member, Washington, D.C.-based Buy Safe America said Kroger has been “at the forefront” of efforts to thwart organized retail crime (ORC) and fields a dedicated crime unit to investigate illicit activity.
US: PlantX becomes Walmart seller
PlantX Life, Inc., is growing in all kinds of directions. The plant-based provider announced that it is a becoming a seller on the Walmart Marketplace in the United States. More than 500 plant-based grocery products will be available on the site, including items from brands like Oatly, Nature’s Path, Made in Nature and Simply Organic, among others.
US: Gopuff CEO Yakir Gola says its business model will outlast rivals as instant delivery space grows more crowded
Gopuff began in 2013 as a delivery start-up that catered to college students with late-night snacks and other convenience items. Now, it is part of a fast-growing field of companies racing to get online orders to customers’ doors. Gopuff co-founder and co-CEO Yakir Gola said at the Groceryshop conference that the “instant needs” company has a better business model and more consistent customer experience.
US: Walmart unveils ‘Built for Better’ for purpose-driven customers
Walmart aims to give customers an easier way to identify better-for-you, sustainable and transparent products. Called “Built for Better”, the program creates an online shopping destination for consumers by using icons to flag products that are “built better - for them and for the planet”, Jane Ewing, senior vice president of sustainability at Walmart, said in a blog post.
US: Grocery retailers see digital sales soar but profits decline, according to new study by Wynshop and Incisiv
Wynshop (formerly ThryveAI), the leader in digital commerce for local store-based retailers, announced findings from its State of Digital Grocery: Growth at the Cost of Profitability study, conducted in partnership with research and insights firm, Incisiv. The biggest challenge facing grocery retailers is the low profitability of their online business, according to the study, with 86% of grocers indicating that they are dissatisfied with their online profitability.