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Daily QuickWit (10/26) – Top Retail News of the Day

Amazon now delivers more US packages than FedEx

In 2014, Amazon delivered approximately 0.2% of all US packages. Today, Amazon controls one-fifth of the delivery market, and is on track to overtake UPS and even the US Postal Service (USPS), according to data from the logistics firm Pitney Bowes.

Kroger’s Home Chef is a billion dollar brand

The Kroger Co. and Home Chef announced today the meal solutions brand reached $1 billion in annual sales. Founded in 2013 by Pat Vihtelic, Home Chef merged with Kroger, America’s largest grocery retailer, in 2018. Since then, Kroger and Home Chef have advanced the availability of mealtime shortcuts and solutions, offered new product innovations, and continued to transform how customers approach preparing meals.

Pacvue Joins Assembly

Pacvue an “enterprise platform for eCommerce advertising, sales, and intelligence.” was acquired today by Assembly an “eCommerce growth platform” today.  

"When I first met Sandeep Kella, CEO of Assembly, our visions for the future of eCommerce instantly clicked. Assembly is focused on helping brands and sellers grow by building the best eCommerce software tools ranging across marketplace, social, and performance analytics in addition to providing a community where these brands and sellers can find education and support.  Today, as Pacvue officially joins the Assembly family, we’re truly teaming up with the best of the best for the next phase of our growth." 
- Melissa Burdick, President & Co-Founder, Pacvue

BJ’s taps H-E-B exec Rachael Vegas as chief merchant

Former H-E-B and Target executive Rachael Vegas has joined BJ’s Wholesale Club as executive vice president and chief merchandising officer.

BJ’s said Monday that Vegas starts as chief merchant effective immediately. The Westborough, Mass.-based warehouse club chain also announced the promotions of Tim Morningstar to executive VP and chief membership officer and Monica Schwartz to executive VP and chief digital officer.

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