In this edition of the weekly briefing, we examine Amazon’s recent announcement of its expanding grocery delivery program and Outfox Hospitality’s bankruptcy as seen in data from Modern Retail+ Research.
Amazon is taking a page out of rival Instacart’s playbook, selling Dash Carts to third-party retailers. The challenge for Amazon and its rivals peddling similar smart-cart technology is proving to grocers that the carts aren’t just glorified phone apps, but the future of grocery shopping. They also have to get consumers on board to use them. But that may be easier said than done.
Bonobos is now under pressure as its new parent company Express filed for Chapter 11 Bankruptcy on Monday. It underscores all the challenges Bonobos has gone through after being owned by Walmart, and now Express.
At the recent Modern Retail Commerce Summit in New Orleans, Poshmark CMO Steven Tristan Young and Shein’s head of content creation Marisa Runyon discussed how livestreaming became a critical part of their businesses.