Bed Bath & Beyond has expanded its relationship with Google Cloud through a multi-year collaboration that will accelerate its omni-always transformation, enabling the company to better serve customers in a digital-first environment. To perform this work, Deloitte will also serve as strategic transformation services partner.
COVID-19 has brought the supermarket channel to a crossroads, as a tried-and-true format that has been challenged to fundamentally adapt to a disrupted marketplace that could provide the sector some advantage but could severely penalize those that refuse to adjust to an altered reality.
As more retailers roll out contactless services for consumers concerned about the coronavirus, BJ’s Wholesale Club is now offering contactless, curbside pickup service at all store locations.
With an ongoing focus on modernizing its customer shopping experience, Walgreens is rolling out contactless same-day curbside pick-up, which is now available at more than 8,600 participating stores nationwide.
Bed Bath & Beyond has strengthened its liquidity position by executing an $850 million three-year secured asset-based revolving credit facility, or ABL facility, with a syndicate of banks, while also providing additional information on its store reopening process.
In a global Mastercard study conducted in 15 markets around the world, consumers demonstrated that they are moving away from cash and opting for contact-free and digital payments experiences, and they may not go back to old habits even after the COVID-19 pandemic wanes.
Coronavirus-related circumstances and the capabilities the company has developed to serve customers in new ways contributed to big gains The Kroger Co. made in the first quarter, the company asserted.
The new Deloitte report “The future is coming … but still one day at a time,” analyzes market trends that led the consulting firm to identify seven trends that will affect retailers and the vendors who support them as the market emerges from the coronavirus crisis.
Staples U.S. Retail will collaborate with Instacart in the launch of same-day delivery from more than 1,000 of the retailer’s locations in the United States.
Kearney has released its annual consumer and retail M&A report, “Time to Reset, Reposition, and Win,” which explores the current and future deal landscape for consumer product and retail companies identifying omnichannel as a key retail acquisition need.
Smart retail should experience gains as brick-and-mortar stores compete with e-commerce, according to a report from QYResearch.