It’s the rare Saturday edition of the #QuickWit, everything you might have missed yesterday (and today) in the world of retail:
- Disney+ launches ad-supported tier
- Blue Apron cuts 10% of corporate jobs
- Amazon launches new shopping app
- Colorado leads investigation into Kroger/Albertsons merger
- Chewy beats earnings for Q3
- Campbells earnings up in latest Quarter
- Murray’s Cheese opens their 1,000th location in Kroger stores
- And more!
Web 3 journeys and frictionless shopping firsts: this week’s coolest retail technology plays
RTIH Editor, Scott Thompson, brings you his top ‘future of retail’ systems launches and deployments from the past week, including
Disney+ launches ad-supported tier with 100+ advertisers
Despite an extensive roster of blue-chip advertisers, Disney+’s foray into ad-supported streaming comes with challenges. View Original Article Dept. Grocery
Weee hires Tesco veteran as new chief merchandising officer
John Burry, who held executive roles at the short-lived Fresh & Easy chain in the U.S., will help the ethnic
Blue Apron cuts 10% of corporate jobs as it faces cash crunch
The meal kit company said Thursday it looks to shave costs by $50 million during the coming year. View Original
Chewy beats on revenue estimates, swings to a profit in Q3
While the online pet retailer’s net sales increased 14.5%, analysts remain concerned over the company’s rising customer acquisition costs. View
Lululemon touts ‘biggest day ever’ on Black Friday as sales jump 28%
The brand is already outpacing its five-year growth expectations and appears untouched by inflation. View Original Article Dept. Apparel Economy
Amazon launches new shopping app
SEATTLE — Amazon has launched Inspire, an in-app shopping experience that gives customers a new way to discover ideas, explore products,
Murray's Cheese opens 1,000th shop within Kroger stores
Murray’s boasts more than 150 types of cheese, from local favorites to one-of-a-kind award-winning cheeses View Original Article Brick and
Colorado leads multistate investigation into Kroger-Albertsons merger
State AG also supports injunction against $4B dividend payout for Albertsons shareholders View Original Article Albertsons / Safeway Editor’s Choice
GameStop Announces Another Round of Job Cuts
GameStop has announced a round of layoffs due in part to inflation and “weakened consumer confidence” about the market, according
Just Walk Out tech powered Amazon Fresh stores to feature Gift Wrap Grotto this Xmas
Amazon Fresh checkout-free stores in the UK have launched a free Gift Wrap Grotto. ‘The Gift Wrapping Queen’ Jane Means
Campbell Soup earnings up in Q1 on supply chain recovery
Company says snacks and at-home meals driving portfolio gains. View Original Article Editor’s Choice Operations & Supply Chain Results &
