It’s Wednesday evening, hope you had a great day – here are the top stories we are talking about over a beverage of our choice…
Arby’s to launch a limited run vodka
“Feels like an Arby’s Night” just got a whole new meaning (bonus points if you know the TV character made famous for saying that line). Arby’s launches two limited-run vodka flavors inspired by their curly and crinkle-cut fries. The Curly Fry Vodka and Crinkle Fry Vodka will exclusively be distributed through Surdyk’s Liquor, with orders placed via ArbysVodka.com. We are intrigued, sign us up for a case…I mean, it’s all just potatoes right??
Ahold Delhaize with a positive Q3
Ahold Delhaize posted net sales of $13.55 billion, up 6.8% from a year earlier. Comparable sales rose 3.6% year over year and were up 2.9% excluding fuel. On the earnings call, Ahold Delhaize President and CEO Frans Muller shared they are evaluating whether to launch their own instant delivery service. If there is smoke there is fire, you can bet we will hear more about this very soon.
Doordash spends $8.1 billion to acquire Wolt and make their first competitive move into Europe. Wolt operates in 23 countries and serves over 10 million customers. This was part of their 3rd quarter earnings call, in which it reported a net loss of $101 million. Doordash clearly still working to grow marketshare, with profit coming as an afterthought.
Youtube looking to become a shopping platform
YouTube is launching a holiday stream and shop livestream event as it aims to steal a piece of the eCommerce pie. YouTube creators will be able to sell their own merchandise and other brands directly through the platform. With so many content creators living on YouTube it was only a matter of time until they started a direct commerce channel. Now it will be “don’t forget to like, comment and subscribe, and for a limited time we are offering free shipping on everything you saw in this video…”
No Comments
Leave a comment Cancel