eCommerce

Amazon will lose money on Whole Foods — but probably not for long

 Sometimes giving up something in the short-term can yield a big reward in the long-term. That’s the idea behind many of Amazon’s businesses, and that’s particularly true of the recent Whole Foods deal. Amazon’s purchase of the upscale Whole Foods grocery chain for $13.7 billion will go through on Monday, and already the online retailer has said prices will drop on… Read More

Amazon brings its cash deposit service for the underbanked to the UK

 Amazon has added the ability for UK users to pay for products and services on its ecommerce platform using cash. The service, called Amazon Top Up, lets shoppers load between £5 and £250 into their Amazon UK account in a single top-up transaction. Read More

Amazon says Whole Foods deal will close Monday, grocery prices will drop

 It’s official…Amazon says its purchase of Whole Foods will close on Monday. According to the release, “the two companies will together pursue the vision of making Whole Foods Market’s high-quality, natural and organic food affordable for everyone. As a down payment on that vision, Whole Foods Market will offer lower prices starting Monday on a selection of… Read More

Amazon opens its grocery delivery service to Amazon Business customers

 Amazon Business, the retailer’s free program for business customers offering fast shipping, discounts and purchase approvals, is now expanding to include grocery delivery from AmazonFresh. That means businesses can stock their employee break rooms with fresh goods, like produce, plus groceries and other items from local stores. Read More

Walmart and Google partner on voice-based shopping

 Walmart and Google are today announcing a new partnership that will enable voice shopping through Google Assistant, Google’s virtual assistant that lives on devices like its smart speaker, Google Home. Specifically, consumers will now be able to take advantage of Walmart’s “Easy Reorder” feature through an integration with Google’s shopping service, Google Express. Read More

Walmart expands its grocery delivery business, powered by Uber

 Walmart is expanding a test of its grocery delivery service, powered by Uber, the company announced this week. The retailer is now offering grocery delivery in two new markets — Dallas and Orlando — which join Tampa and Phoenix as locations where consumers can shop online for grocery items, then opt to have them come to their home for an additional $9.95 fee. Read More

Y Combinator-backed VIDA turns artwork into fashion, accessories and more

 VIDA, an e-commerce startup that allows artists to upload their designs to be printed on real-world materials – like fabric, leather, metal and more – which are then sold as unique products, has grown its community of artists to over 100,000 members since its launch a few years ago. The company is now participating in startup accelerator Y Combinator, following its recent… Read More

‘Airbnb for boats’ startup Boatsetter buys competitor Boatbound

 You don’t have to be rich or T-Pain to be “on a boat.” You can rent one plus a captain for the day from Boatsetter. And now it’s got boats in more than 300 locations around the U.S. since it just acquired rival maritime marketplace Boatbound. Read More

Facebook adds eBay’s Daily Deals to its Marketplace on mobile

 Facebook is again getting into the daily deals space, this time in collaboration with eBay. The company has launched a new feature within its Marketplace section on its mobile app, where a selection of inventory from eBay’s Daily Deals program is now available. The deals can be shopped directly in Facebook’s app, but checkout takes place on eBay’s website through an in-app… Read More

Facebook adds eBay’s Daily Deals to its Marketplace on mobile

 Facebook is again getting into the daily deals space, this time in collaboration with eBay. The company has launched a new feature within its Marketplace section on its mobile app, where a selection of inventory from eBay’s Daily Deals program is now available. The deals can be shopped directly in Facebook’s app, but checkout takes place on eBay’s website through an in-app… Read More

Target expands its next-day ‘everyday essentials’ delivery service, Target Restock

 A day after Target announced the acquisition of transportation technology company Grand Junction, the retailer this morning is expanding its next-day delivery service, Target Restock. Announced this spring, and then opened to select customers in June, the new service is now available in its first markets outside the reach of Target’s Minneapolis headquarters with launches in both… Read More

Amazon debuts ‘Instant Pickup Points’ in the U.S. for pickups in minutes

 Amazon’s latest physical retail foray is called “Instant Pickup,” and it works as the name implies: Amazon shoppers can pick up orders for certain items within two minutes of making their purchase. The program is live at five college campuses including the University of California at Berkeley for now, and will expand to additional sites, including neighborhood spots within… Read More