From lower e-commerce fulfillment expenses to densifying the last mile, Walmart has improved its e-commerce profitability, giving Amazon solid competition. During its earnings call earlier this month, CFO John Rainey detailed the company’s improvement in its e-commerce profitability in the American market. Comparing Walmart with Amazon Like what Amazon has
In the delivery sector, where most drivers work per hour or day, casual wages mean that there would be an extra day of pay every four years. This leap year, the extra day falls on Thursday, which means two things: an extra day to deliver orders and pay more salaries.
Amsterdam-based sustainable delivery platform Sparqle has secured € 1.2 million (US$1.3) in an investment funding round. The round of funding “backed by notable entities, including the former Managing director of Deliveroo EU, former CTO of Just Eat Takeaway, and Bloomon founder, and Graduate Entrepreneur Fund. The company’s platform offers integration
PayPoint and Royal Mail announced a new partnership for parcel services, pick up and drop off. Royal Mail customers can now drop off parcels at 5,000 Collect+ stores across the UK. Nick Wiles, CEO of PayPoint, says: “As consumer channel shift continues to move towards Out of Home (OOH), our
Coles supermarket in Australia has made “good progress” and experienced “strong growth” in e-commerce in its first half-year results, which were released Tuesday. CEO Leah Weckert says this comes against the backdrop of customers experiencing financial pressures. “We also made significant investments in value during the half (HY2024) when we
