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Daily QuickWit (9/30) – Top Retail News of the Day

Here are the top topics we are talking about this evening at RetailWit HQ:

GoPuff Plans to open a digital-first retail store

The store will use kiosks where shoppers can place orders, and the items will be picked and delivered to the shopper in the store. This micro-fulfillment model is now being brought straight to the shopper, will be interesting to see how popular this test store is and how quickly it might roll out.

Co-Founder and CEO of Whole Foods to retire

After spending four decades building and running Whole Foods, John Mackey is stepping down. Jason Buechel, current COO, will be taking over in September 2022. Maybe not a huge announcement, as John spent a lot of time with the company, but with the COO replacing him it is a bit telling on the future focus of the retailer…operations. 

Amazon Counterfeit Crimes Unit reaches settlement

Amazon went after Influencers who ran social media counterfeiting scheme, permanently banning them from Amazon’s store. The schemes used Instagram, TikTok and Facebook to direct customers to product listings in Amazon’s store that evaded counterfeit measures by appearing to be generic, non-infringing products, while the counterfeit items would, in fact, be shipped to customers. This has been a big focus for Amazon, and steps like this will help shoppers have confidence in purchasing items off Amazon.com.

 

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