Tag Archives: grocery

[unable to retrieve full-text content]Amazon Pulls Plug on Cashierless System in US Grocery Stores  Yahoo Finance Source link

Not all the inflation news was cheery. Backing out volatile gasoline and food prices, inflation in the U.S. slowed again last month, up 7.1% year-over-year. That was lower than economists’ exception of a 7.3% increase, per Bloomberg data. Still, the latest report was not great news for grocery shoppers: Food prices in November rose 12.0% year-over-year. On monthly basis, the category increased by 0.5%, according to the Bureau of Labor Statistics’ (BLS) November Consumer Price Index (CPI)…. Source link

Despite inflation cooling down a bit in August, up 8.3%, Americans can still expect to pay up on their next trip to the grocery store. According to the Bureau of Labor Statistics’ August Consumer Price Index (CPI), the overall cost of food rose 11.4%, with the food-at-home category, groceries, up 13.5% year-over-year. For the overall food category, that’s the highest increase since May of 1979, but for the food-at-home category, that’s the largest increase since March of 1979, according to… Source link

A new startup company founded by two Stanford University dropouts is threatening to restructure the grocery delivery industry in India. 19-year-old former Stanford classmates Aadit Palicha and Kaivalya Vohra founded Zepto in April of this year. In less than 8 months, the company has raised over $60 million from investors. The idea for a startup came when the pair were locked in the house due to pandemic restrictions back in 2020. Zepto’s main selling point is its speed. The service… Source link

Mattar Al Tayer witnesses the agreement signing by Hani Weiss, Chief Executive Officer of Majid Al Futtaim Retail and Artem Fokin, Head of Business Development at Yandex Self-Driving Group. Image Credit: RTA Dubai: Robots will be used to deliver food and groceries in Dubai in future as part of the Roads and… Source link

Russian IT giant Yandex on Thursday launched an app-driven express UK grocery delivery service, the latest company to join the crowded marketplace as it expands its international presence. The group’s Yango Deli subsidiary is opening four giant London warehouses to reach a potential 1.4 million customers with its speedy grocery offering, Yandex said in a statement. The New York-listed firm already operates more than 400 warehouses in France, Israel and Russia. The New York-listed firm… Source link

A courier for Yango Deli, a rapid grocery delivery service run by Russia’s Yandex, rides through London. Yango Deli LONDON — Russian technology giant Yandex is jumping into London’s heated grocery delivery market, with a service that ships essential items to people’s doors in as little as 15 minutes. Yandex said Thursday it has opened four dark stores — mini warehouses designed to fulfill online grocery orders — across the U.K. capital. The company’s service, called Yango Deli, has the… Source link

Russia’s Yandex has launched a rapid grocery delivery service in London — the latest expansion into Western markets for a major Russian technology firm. The ultrafast delivery service will operate under the Yango Deli brand and offer delivery of more than 2,500 products in 15 minutes. The business model is based on the technology giant’s success in rolling out its Yandex Lavka grocery service across Russia, and follows launches in Israel and France as part of an… Source link

Russian technology giant Yandex has launched its ultra-fast grocery delivery service in Paris, the company said Tuesday. The service — named Yandex Lavka in Russia — will operate under the brand name of “Yango Deli,” offering 15-minute grocery delivery to addresses across the French capital. Paris marks the first European market the company is hoping to break into, following a launch in Israel at the end of 2020. The company plans to launch in London later this… Source link

Walmart (WMT), the world’s largest retailer, reported better-than-expected second-quarter revenue and sales results, driven by store traffic and stimulus check spending that bolstered its footprint in grocery sales in the face of surging COVID-19 infections nationwide. Here are the results versus the estimates, according to Bloomberg: Adjusted EPS: $1.78 v. $1.57 estimate Revenue: $141 billion v. $136.88 billion Walmart U.S. comp-store sales (excluding gas): 5.2% v. 3.12% estimate Walmart U.S…. Source link