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Walmart shows online groceries are having their moment

Take note of this moment. This is a tipping point for online grocery shopping in the US. Food and beverage retail is one of the largest categories of consumer spending, accounting for yearly sales of $800 billion or more in the US. And it has been stubbornly immune to e-commerce. Last year, Kantar Worldpanel estimated online shopping for groceries and ...

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Supermarket casualties begin to pile up in Amazon-fuelled battle

Bloomberg This is how the grocery industry lives now. Regional chains are filing for bankruptcy. European-born discounters are expanding, forcing competitors to keep their own prices low. And Kroger Co. and Walmart Inc., the two largest grocers in the US, are investing in technology and expanding delivery as they try to fend off an incursion by Amazon.com Inc. It’s a ...

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Pratt to ship spare engines for grounded IndiGo jets

Bloomberg Pratt & Whitney will provide spare engines within 40 days to get all grounded Airbus SE A320neo aircraft at India’s IndiGo flying again, with the first delivery scheduled for Wednesday, people with direct knowledge of the matter said. The engine maker communicated its plan on Tuesday to the jet’s biggest customer, the people said, asking not to be identified ...

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