Tag Archives: grocery

Scam at Curry’s PC World

Worlds major problem has finally got a path way. Food industry in the world is one of the major industry among other. Every year one third of the food produced goes to bin which is alarming situation on the same planet where poverty escalated exponentially in the last decade. Food produced should not end up like wise which is around 1.3 billion tons. According to the Food and Agriculture Organization of the United Nations. Food waste costs the US and other developed countries about $680 billion.



To counter this major issue one of the grocery Chain in US has decided to dive in to address the issue by tech based solution, they developed an app that predicts all the products expiring in near time and puts them on discount that starts from 50 % and on wards, this online app entice online customers to buy those discounted products nearing to expire at cheap price instead shifting those products to waste. Online consumers place an order online and get to that particular grocery store , an area has been allocated for such products so that they could be grabbed from a single place. Once the customers grabs that product which he did buy online he gets on the counter shows him the online order confirmation and check out the store.


“All the items put into this app are an automatic 50 per cent of the retail price,”



As you download the app on your phone, you can start searching discounts right away. choose the items buy from your smartphone and get to store pick them up at Flash food Zone. To check out, take those items to an aisle marked “Flash food” and let the cashier know that you’re taking advantage of those deals.

  • Fresh Prepared meals
  • Basic items like bread,milk, eggs, bakery items
  • home made collection
  • Freshly made products

About 795 million people in the world were undernourished Hunger and malnutrition are in fact the number one risk to health worldwide — greater than AIDS, malaria and tuberculosis combined.

If your local grocery store isn’t listed as a Flash food partner, you can reach out to the company and they’ll try to team up with the chain. So far, the Flash food has teamed up with five grocery chains and diverted more than 100,000 units of food — the equivalent of 30,000 miles worth of greenhouse gas emissions. The app plans to continue expanding over the year.


An amazing tech solution for addressing biggest Retail food issue is just expanding but needs to be opted globally as food wastage issue in developing countries is inevitable


Most Recent Retail Scam: Fraudsters have stolen thousands of pounds from Curry’s PC World customers after hijacking the retailer’s eBay account. Criminals were able to change payment details on a number of eBay listings, including for the iPhone 11.This enabled them to siphon money from unwitting customers who paid for goods via a PayPal account.

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ASDA owned Walmart merging with Sainsbury to give a brawl to UK biggest retail giant

U.K. food retail is set for a massive shake up as J Sainsbury and Asda plan to merge, creating a new giant for the supermarket sector. J Sainsbury and Walmart‘s Asda are joining forces in a deal worth £7.3 billion ($10 billion), they confirmed Monday morning.

If approved by regulators, it will surpass Tesco which is the largest retailer in the U.K. with 25 percent of market share. The two companies merging are the second and the third largest retailers, currently. Given the size of the two companies, regulators will have to assess whether their merger would not create market disruptions.

ASDA owned by Walmart merging with Sainsbury to give a hard brawl to UK biggest retail chain TESCO 

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Kevin O’Byrne, the chief financial officer of Sainsbury’s, told CNBC’s “Squawk Box Europe”: “We think this is a great combination, creating a very dynamic player in the retail market.”

“The market has changed beyond recognition in the last 10 years and even in the last three years, the discounters have doubled their share, we’ve got new entrance coming into the market that just couldn’t exist a few years ago,” O’Byrne told CNBC Monday morning.

The merger will keep both the Sainsbury’s and Asda brands. The firms said in a statement that Walmart, which owns Asda, will have 42 percent of the issued share capital of the combined business and will not hold more than 29.9 percent of the total voting rights.

They also said that the combined business will generate at least £500 million ($688.62 million) in cost savings and lead to a reduction in prices of about 10 percent. Shares of J Sainsbury jumped 20 percent as markets opened in Europe Monday morning.

According to Bruno Monteyne, European food retail analyst at Bernstein, “scale remains the most important factor in food retail profitability.”

Image result for mergers of sainsbury and asda

 

It did what Walmart did decades ago but better. Amazon & Whole Foods

Jeff Bezos is a vibrant man he and his recent move towards grocery have been in the works for a while now. But it’s not a gamble, nor was it a binge purchase (unlike what a lot of us do on Amazon.com). There are a number of good reasons for the acquisition, the expansion of Amazon Fresh and Amazon Go, and the need for multisensory experiences during purchasing being just two of them. But the most important is this – brick and mortar Amazon stores are set to revolutionize shopping because of a new Secret Product coming to a store near you.

First, think about the average user who has signed up for Amazon Prime. Let’s call her Robin. Robin is willing to (and can afford to) pay a premium every month for quicker guaranteed deliveries. She also orders enough from Amazon every week that she believes Prime is worth the investment.

Think about the average user who shops at Whole Foods. Let’s call her Robin. Robin is willing to (and can afford to) pay a premium every month to shop for groceries. She believes that the quality is worth the investment.

The demographics of Amazon Prime users include this – they’re middle-aged, there are more than 80 million of them, they spend almost double as compared to non-prime users, and they make good money.

And so, Amazon might have just set itself up to give its customers a brand new Secret Product – customized grocery stores that cater to each of its audiences.

This demographic is eerily similar to the demographic at Whole Foods. So, this does explain why Whole Foods, but why grocery stores at all? And what’s this secret product that Amazon can suddenly bring to these customers with the purchase of Whole Foods?

To understand that, we need to understand why Walmart became successful.

Just bear with me; it’ll make sense in about 60 seconds (and the stopwatch starts now).

In 1975, according to Newsweek, when Walmart was a tiny fish in a sea of supermarket sharks, it did what no one else dared to – Walmart bought a computer.

It started to collect data. It started to sort that data. And it started to use that data. With the introduction of barcodes on every product, Walmart knew everything about its stores. It knew which brands sold well, and which ones just took up shelf space. So if Central New Jersey hated Colgate products, Walmart wouldn’t waste too much space or money on them. If Southern California was a huge fan of Crest, dental aisles would be stocked heavily with them. Walmart was a mile ahead of its competitors.


But Amazon took that idea – and converted it into something much bigger and better.

Walmart knew a lot about its stores as a collective. But Amazon knows a lot about its individual customers. It knows about the products you’ve bought once in your life. It knows about the products you buy every two weeks. And as scary (or comforting, depending on who you are) as it sounds, Amazon knows where you get those products delivered.

Today, Amazon can build a national heat map of every product available on its website – they can tell where Colgate is the hottest brand for toothbrushes, and where Crest reigns supreme, down to the city. They can tell where Coca-cola is popular, and where Pepsi has the upper hand, down to the zip code. In short, it knows where and what each and every one of its 300 million customers buys, down to the house.

It did what Walmart did decades ago – but better.


Why is this relevant?

Can that be applied to the newly purchased, and long-time struggling grocery stores? Can Amazon customize each Whole Foods to be relevant to the customers they are meant to serve? It might not be immediate since Amazon Fresh only has so much data to provide, but over time, can’t Amazon tell which grocery products are incredibly popular in Central New Jersey, and which ones rarely sell in Southern California?

The traditionally 1% profit earning industry, is set to transform itself into a moneymaking behemoth. Amazon will soon be capable of composing each of the 430 Whole Foods stores with primarily only the products that are going to sell – then it becomes clear as to why Jeff Bezos is a hundred miles ahead of his competitors, and why my future grocery shopping visits are about to be a lot more pleasing. No shelf space wasted. All products sell. Costs are reduced. Profits will soar.