Microsoft to acquire Activision Blizzard
Microsoft has reached a deal to acquire Activision Blizzard for $68.7 billion in cash. The acquisition will make Microsoft the third-largest video gaming company. “We’re investing deeply in world-class content, community and the cloud to usher in a new era of gaming that puts players and creators first and makes gaming safe, inclusive and accessible to all,” said Microsoft CEO Satya Nadella.
Gopuff launches its first private label
Whether you call it QCommerce or rapid delivery what you can’t call it is profitable; it was reported that JOKR, another rapid delivery company was losing $159 per order in the U.S. as of last August. So these companies are going to have to look to alternative revenue. Already some have leaned in to the BNPL (buy now pay later) trend to gain interest and transaction charges, others have begun experimenting with Retail Media, and now GoPuff announced today they launched their own private label.
Kroger Announces 10 Food Trend Predictions for 2022
The Kroger Co. today announced its 2022 Food Trends Report, which predicts emerging food trends, consumer behaviors and popular items for the year ahead. This fourth-annual report centers on the continued dominance of at-home meals, powered by convenience, affordability, social gatherings, and the desire for sustainable and nutrient-rich food items.
Aldi launches ‘just walk out’ checkout-free store
Aldi has become the first discounter to offer ‘just walk out’ shopping, with the opening today of a checkout-free store in Greenwich, London. The Aldi Shop&Go concept store in Greenwich High Street opened this morning “for public testing”, having been tested by Aldi over recent months.
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