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Period: March 1, 2014 to March 15, 2014
Comment & Opinion or Companies, Organizations or Consumers or Controversies & Disputes or Deals, M&A, JVs, Licensing or Earnings Release or Finance, Economics, Tax or Innovation & New Ideas or Legal, Legislation, Regulation, Policy or Market News or Marketing & Advertising or Other or People & Personalities or Press Release or Products & Brands or Research, Studies, Advice or Supply Chain or Trends

“Click-And-Collect” Grocery Shopping Gains Momentum In The Western World

Retail grocery chains are finding that consumers are warming to the idea of buying food and other items on online, driving to the store and picking up their purchases at the curb. Customers may have been reluctant to try “click-and-collect” grocery shopping in the past, but times are changing.  Consumers immersed in e-commerce appear more comfortable with the idea of adding groceries to what they’re already buying online. Wegman’s in the Buffalo, N.Y., area is testing the service for a flat $10 fee; other chains in upstate N.Y. -- and around the U.S. -- are experimenting as well. The Wegman’s service was created in-house, but Dash’s Markets is trying  third-party provider Rosie App. The trend is gathering momentum in Canada and Western Europe and beginning to gain a foothold in large markets in the U.S.

"Online grocery shopping is nearly reality", The Buffalo News (New York), March 09, 2014

Walmart Hopes Its Technology Initiatives Will Help Grocery Shoppers Save Time And Money

WalmartLabs announced that it had acquired online grocery shopping and recipe grabber start-up Yumprint. The company’s Web site, iPhone app and browser extension allow customers to search for and save recipes from any Web site. WalmartLabs also announced it had launched a grocery delivery pilot project (Walmart To Go) in California and Colorado to see if customers would like being able to order groceries online and have them delivered to their homes or ready for pick-up at the local store for free.

"Transforming Online Grocery Shopping with Yumprint", News release, WalmartLabs, February 26, 2014

Companies, Organizations  

Walmart Plans To Launch An Electronic Marketplace In India

After suspending its retail expansion plans in India, Wal-Mart Stores is reportedly planning to launch an electronic marketplace in the country. According to sources, Walmart India has created a team tasked with developing the electronic marketplace that is expected to be similar to the business model currently used by online retailers Amazon and eBay Inc. After getting burned with licensing-related problems and allegations of bribery during the past two years, Walmart may have realized that expanding its business via the ecommerce route was relatively safer than the brick-and-mortar way. For example, the retailer will not have to secure numerous licenses required of businesses planning to set up retail stores in the country.

"Walmart to expand in e-retailing in India, planning marketplace model akin to Amazon, eBay", Economic Times, March 05, 2014

Icahn, eBay Founder Dispute Continues Over Online Company's Future

Online auction and ecommerce firm eBay founder Pierre Omidyar called activist investor Carl Icahn a liar as the company’s management and Icahn continue to disagree over the company’s future directions. eBay rejected Icahn’s proposal for the company to spin off its PayPal online payment business, saying the board of directors has already considered the option and decided against it. Icahn, however, claimed the board is affected by conflicts of interest arising from the presence of board member Scott Cook, founder and shareholder of finance software firm Intuit. Icahn claims Intuit is a direct competitor of PayPal.

"Carl Icahn branded 'misleading' by Pierre Omidyar in bitter eBay row", The Guardian, February 27, 2014

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