Tag: retail
Amazon Fresh grocery store in Los Angeles opens to the public
After a short period where you could only visit the store if you had an invite, Amazon's first Fresh grocery location is now open to the public. Starting today, anyone who wants to visit the Woodland Hills, Los Angeles store can do so from 7AM to 10P… Source
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Amazon’s Prime Air can officially begin drone delivery trials in the US
As of today, Amazon is officially an “air carrier.” The Federal Aviation Administration (FAA) granted Amazon Prime Air the designation, which allows Amazon to begin its first commercial delivery trials in the US, Bloomberg reports. The company will u… Source
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Apple is opening its first ‘floating’ store in Singapore
Apple has hundreds of physical stores dotted around the world, serving as stores, repair centers and community hubs where people can learn to be more creative. Until now, though, none of these glistening Apple meccas have been built on water. As The… Source
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Amazon may turn dying JC Penney and Sears stores into warehouses
The department stores that anchor shopping malls have struggled to survive in the face of online shopping, but those spaces might find a new lease on life through their greatest foe. Wall Street Journal sources claim Amazon is in talks with mall owne… Source
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Sonos will lay off 12 percent of its workforce due to COVID-19
Sonos is the latest company to announce layoffs due to the COVID-19 pandemic. It plans to eliminate 12 percent of its global headcount and close its New York retail store and six satellite offices. The company outlined these plans in a filing with th… Source
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Africa Roundup: DHL invests in MallforAfrica, Zipline launches in US, Novastar raises $200M
Events in May offered support to the thesis that Africa can incubate tech with global application. Two startups that developed their business models on the continent — MallforAfrica and Zipline — were tapped by international interests. DHL acquired a minority stake in Link Commerce, a turn-key e-commerce company that grew…
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