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fromwww.bbc.com
1 week ago

Amazon to close its UK grocery stores

Amazon is planning to close its 19 UK grocery stores less than five years after it launched the till-free sites in London. Amazon said five of the stores earmarked for closure would be converted in to Whole Foods stores, a fresh and whole food brand which Amazon owns. The company added that it would focus on its online delivery services in the groceries sector, including with its partners Morrisons, Co-op, Iceland, and Gopuff.
E-Commerce
NYC startup
from24/7 Wall St.
3 months ago

Walmart Opens 'Dark Stores' to Improve Delivery

Walmart is enhancing online delivery with new 'dark stores' to compete with Amazon's rapid service.”],
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Walmart Inc. is launching dark stores to improve online delivery speed, aiming to compete with Amazon's fast shipping capabilities. These facilities hold popular items, serving as distribution hubs without retail access. Though Walmart boasts a strong physical presence, the company aims for greater e-commerce efficiency, especially as Amazon continues to dominate the market with short delivery windows. Recent financial results show both Walmart and Amazon are performing robustly, reiterating the heated competition in the retail sector, particularly as both companies adapt to consumer demand for swift delivery.
tags:[
Online Delivery
Retail Competition
Dark Stores
E-commerce
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