Hello, dear reader!
Optimising delivery is on the agenda of many retailers at the moment. India's Snapdeal has partnered with delivery service Peppertap, Amazon is following Uber's footsteps and Walmart is expanding its pick-up service. These stories and a lot more are in today's issue. Enjoy the read and spread the word by inviting your friends and colleagues to subscribe to this daily news compilation.
asia & australasia
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Winners and losers Auckland-based clothing retailer Hallenstein Glasson has reported a jump in profit, while while children's clothing company Pumpkin Patch has announced a full-year loss. Also, struggling outdoor retailer Kathmandu is closing its UK stores after its profits dropped by more than half.
usa & canada
Amazon follows Uber The online giant is testing an Uber-like service for delivering its one-hour Prime Now packages that will enlist people to deliver packages for Amazon with their own cars. The service is called Amazon Flex and is only available in the company's home base Seattle, but will eventually launch in a number of other markets.
Walmart expands pick-up service Competing with Amazon, America’s largest food retailer has extended its grocery pick-up service to eight additional markets and is considering a further roll-out. Walmart sticks to its environmental goals and says there is no conflict between sustainability and good business.
Coca Cola ends sponsorships The Atlanta-based beverage company isn’t renewing its financial sponsorship of the Academy of Nutrition and Dietetics and says the decision was driven by its “budget realities". It says it it will also not renew current contracts with other groups.
Robots fail in assembling Researchers in Singapore are trying to figure out how to get robots to assemble IKEA furniture, but it’s proving an uphill struggle. Nevertheless, the team remains determined and plans to keep working on the robot until it has mastered the tasks.
Big drone Christmas The US Federal Aviation Administration (FAA) reckons that one million drones will be sold this Christmas. Aviation regulators are terrified the unmanned aircraft will present a danger to air traffic.