Grocery Quick Delivery Space Evolves as JOKR Leaves the US
Last week, on-demand food delivery company JOKR announced it was closing operations in New York and Boston and exiting the US market altogether, with the focus shifting to Latin America.
The announcement came as no surprise to Brittain Ladd, a former Amazon executive and supply chain consultant.
Amazon Fresh store opens in Sevenoaks, Kent, powered by Just Walk Out technology
The UK’s first cashless Amazon Fresh store outside of London opened last week in Sevenoaks, Kent.
Located in the former Baby Gap outlet in Bligh’s Meadow, it will be open from 7 a.m. to 11 p.m., Monday through Sunday.
Like its London counterparts, it’s powered by Amazon’s Just Walk Out technology.
To shop, customers scan their Amazon app’s QR code, buy what they need, and walk out.
Amazon Fresh stores carry products like the e-commerce giant’s private label food “by Amazon”.
They also have an Amazon Hub counter where customers can pick up or return items purchased from Amazon.co.uk.
Money management apps bloom as consumers face cost of living crisis
An analysis of the performance of money management apps over the past two years by App Radar found that the industry gained more than five million new Android users between January 1 and June 7, 2022.
This represents a 46% increase from the same period in 2021, which saw the industry reach just over four million app downloads.
The surge in users shows that consumers are looking for new ways to make their money work during the cost of living crisis.
Reckitt deploys Stravito enterprise information platform
Stravito has been selected as the knowledge management solution for Reckitt, a UK-based consumer goods manufacturer producing leading health, hygiene and nutrition brands.
Market research startup Bolt Insight receives $212 in funding
London-based Bolt Insight, which helps brands quickly collect market research from over 120 countries, has received an investment of £1.275 million from VC 212.
This is his second selection round. The startup previously raised €300,000.
The money will be used to develop new products for customers, employ new staff in its research and sales teams, as well as pursue expansion plans into other markets.
Bolt Insight, which launched in January 2020, has landed clients including Vodafone, Capco, Brand Finance, Sodexo, Premier Foods, L’Oreal, Samsung, Diageo and Zeiss.
Checkout-less shopping is booming as brick-and-mortar retail undergoes unprecedented change
According to a study by RBR, cashless stores are now available in 20 countries around the world.
The number of stores worldwide using cashless technology tripled in 2021 to more than 250.
In most cases, it is installed in the physical infrastructure of the store, following customers as they move. Other retailers have rolled out smart carts for larger shopping carts, which integrate the technology into the carts themselves.
Amazon has the most checkout-less stores in the world, mostly in the US and UK, with plans to expand into these and other markets. These locations use its Just Walk Out solution, although other retailers also use the company’s technology, including travel convenience chain Hudson.
Ten Retail Tech Funding Cycles You Need to Know About
RTIH brings together retail technology companies that have made waves with major investments, including Postscript, Knit, Rohlik, LogRocket, Sales Layer and Dastgyr.
STOCKED selects fast delivery company Zapp as its first-ever retail partner
Prepared meal solution STOCKED has launched its first-ever retail collaboration with UK on-demand delivery company Zapp.
STOCKED creates meals that are frozen in blocks, inserted directly into the freezer.
Founded by school friends and hometown neighbors Sam Moss and former street food chef Charlie Gilpin in April last year, the company has since won three Great Taste Awards and achieved 99% five-star review on Trustpilot.
The duo launched three of their most popular dishes with Zapp, which can be delivered directly to customers’ doors in minutes, 24/7.
Roku and Walmart bring commerce to TV ads
Roku has announced a home shopping partnership with Walmart.
The two companies are working “to make streaming TV the next online shopping destination” and have signed an agreement that will make Walmart the exclusive retailer for streaming viewers to buy products provided by the company and directly on the platform. -form of Roku.