Walmart CEO hailed the Biden administration's efforts to ease supply chain bottlenecks

Boxed announced the signing of a definitive agreement to acquire MaxDelivery

U.S. labor board official orders Amazon to redo union vote at Alabama warehouse
A regional director for the U.S. National Labor Relations Board called for a rerun of a union election at an Inc facility in Alabama, setting the stage for another high-profile organizing battle at the world's largest online retailer.

US: Walmart announces CFO transition plan
Walmart Inc. announced that Executive Vice President and Chief Financial Officer Brett Biggs will begin transitioning from Walmart during this upcoming year, after 22 years with the company, to begin a new chapter of opportunities in both the for-profit and non-profit sectors. Biggs will remain in the CFO role until a successor is named next year and then support that transition, remaining as an associate until he leaves the company on January 31, 2023. As part of the transition, he will also continue representing the company as a board member on Walmart’s FinTech startup joint venture with Ribbit Capital.

US: Boxed expands into fast, fresh grocery delivery with acquisition of MaxDelivery
Boxed (“Boxed” or the “Company”), an e-commerce grocery platform which sells bulk consumables and licenses its e-commerce software to enterprise retailers, announced the signing of a definitive agreement to acquire MaxDelivery, one of New York’s first on-demand grocery delivery services. The transaction is expected to close in December 2021, subject to certain undisclosed financial terms and customary closing conditions.

US: Walmart CEO says Biden supply chain push is easing bottlenecks
Walmart Inc Chief Executive Doug McMillon hailed the Biden administration's efforts to ease supply chain bottlenecks as the holiday season gets underway, noting the decision to extend port hours was having a positive impact on the flow of goods.

Delhaize expands store network in Luxembourg
Delhaize is continuing its expansion in the Grand Duchy of Luxembourg. After opening a new store in the canton of Capellen at the beginning of this month, the retailer is planning to open 2 more branches by 2022.

SPAR Netherlands presents retail strategy for the future
Ahead of the SPAR Brand’s 90th anniversary in 2022, SPAR Netherlands CEO John van der Ent shared the company’s refined retail strategy at its annual Retailer Day. Further growth in foodservice and store numbers, and continued investment into upgrading existing SPAR stores are key to both entrepreneurs and customers alike, he noted during his presentation.

Mukesh Ambani uses WhatsApp to break Amazon grip on Indian grocery buyers
Billionaire Mukesh Ambani makes Jiomart available on Whatsapp for grocery orders, a decision that comes 19 months after Meta Platforms Inc. - which owns Whatsapp - invested nearly $6bln into Ambani's Reliance Jio Platforms unit. Indians can now use WhatsApp to order groceries from billionaire Mukesh Ambani's JioMart via a new "tap and chat" option, as his Reliance Industries Ltd. challenges the domination of Inc. and Walmart Inc.-owned Flipkart.

UK: McColl's to extend Morrisons Daily format
Convenience firm McColl's Retail Group has agreed to extend the rollout of Morrisons Daily format to 450 stores. The company expects to complete all 450 store conversions by the end of November 2022, up from its previous target of 350 in the same timeframe.

Russia: Magnit obtains leasehold rights for 56 Edelweiss outlets
Russian retailer Magnit has announced it has reached agreement for the long-term leasehold rights for 56 stores currently operating under the Edelweiss brand in Kazan. The group said that the stores 'align with the company’s format strategy in terms of size and layout and are located in high-quality densely populated areas'.

UK transport infrastructure poised for perfect storm, warns leading economist
The UK’s transport infrastructure needs to brace itself for an environmental and logistical perfect storm, warned economist Walter Boettcher. In his report "Clicks & Consequences - accommodating the rise of e-commerce", Dr Boettcher, Colliers’ UK head of research and economics argued that the rise of e-commerce is exposing the fragility of the supply chain system, inhibiting attempts to reach net zero. Consumerism, explained Boettcher, could lead to the UK’s road network grinding to a halt by the end of the decade, as 38,000 additional HGV will need to enter service to satisfy the ongoing demand.

SPAR South Africa’s KZN region is 2 SUPERSPAR Supermarkets richer
Investment into developing world-class stores by independent SPAR South Africa retailers created another 2 great SUPERSPAR Supermarkets opened in KwaZulu Natal province: SUPERSPAR in Umkomaas and SUPERSPAR Supermarket in Kensington shopping centre in Durban north. Both offer a great shopping experience, excellent quality products, several service departments, and modern fixtures.

Britain's Asda charters own cargo ship to protect Christmas supplies
British supermarket group Asda has chartered its own cargo ship to protect availability of key Christmas products, it said as it reported a drop in underlying sales in the 3rd quarter. Asda has also recruited 15,000 temporary workers for the Christmas period and increased the capacity of its grocery home delivery service to 1mln slots in the final week before Christmas. Asda said like-for-like sales, excluding fuel, fell 0.7% year-on-year in the 3 months to September 30, its fiscal 3rd quarter, having fallen by the same amount in its 2nd quarter.

Publication date:

Receive the daily newsletter in your email for free | Click here

Other news in this sector:

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.

Click here for a guide on disabling your adblocker.