R|T: The Retail Times – Market dominance

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BROUGHT TO YOU BY THE CONFERENCE BOARD OF CANADA:


Shopify cuts office staff amid remote work shift (BETAKIT)

Shopify has laid off internal operations staff as the Canadian tech giant shifts to a permanent remote work model, BetaKit has learned.


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Who should pay for the big shift to online grocery shopping? A fierce battle is breaking out and suppliers say consumers could suffer (THE TORONTO STAR)

Walmart Canada was the first to download some of the cost of expanding its e-commerce onto suppliers, and that seems to be setting a precedent for other Canadian grocery giants to do the same.


Amazon cuts more than 1,200 delivery contract jobs, even as that part of its business booms (CNBC)

Amazon has cut ties with several small delivery firms across the U.S., spurring layoffs and causing them to pull out of Amazon facilities.


Walmart teams up with Instacart for same-day delivery (RETAILDIVE)

Walmart has partnered with Instacart to offer same-day delivery to customers in select U.S. markets, an Instacart spokesperson confirmed to Retail Dive.


Competition Bureau investigating Amazon.ca for abuse of market dominance (GLOBAL NEWS)

In a news release, the Bureau said it is “inviting market participants to provide input to inform its civil investigation into conduct by Amazon.”


Women-owned businesses suffering greater staff reductions due to COVID-19, report finds (BETAKIT)

The report noted the pandemic has “amplified structural barriers,” and has impacted women entrepreneurs to a greater degree than men.


Impossible Foods raises $200 million in fresh funding (REUTERS)

The company, which counts Jay-Z, Reddit co-founder Alexis Ohanian and singer Katy Perry among others as its investors, said it would use the money to expand research, develop new products and for internal operations.


Retail spending hit pre-pandemic levels in July — but big threats remain (FORTUNE)

A recent Coresight Research survey found that only 5% of Americans planned to spend part any stimulus money on clothing and shoes, compared to 35% for food and 11% for home improvement.


Retailers launch lobbying group to fight counterfeit goods on Amazon (BLOOMBERG)

More than a dozen trade groups are launching a new coalition aimed at forcing e-commerce companies such as Amazon.com Inc. to take stronger measures to fight stolen or counterfeit goods sold on their platforms.


Walmart’s Flipkart eyes alcohol delivery foray with Indian startup, letters show (REUTERS)

Flipkart and Amazon’s interest in delivering alcohol in India marks a bold move to make inroads into an alcohol market that is worth $27.2 billion, according to estimates by IWSR Drinks Market Analysis.


Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.

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