Albertsons will trade on the New York Stock Exchange under the ticker symbol “ACI.” The stock is expected to price between $18 and $20. Albertsons will make 65.8 million shares of Class A common stock available, raising up to $1.316 billion.

The construction of the new distribution center for Active Ants in Roosendaal has been completed. Last week, the e-fulfillment specialist started setting up the DC of 20,000 square meters that fits within the company's ambitions to focus more on cross-border e-fulfillment.

The e-commerce giant on Monday announced plans to develop a digitised comprehensive bonded zone in Yiwu, located in Zhejiang province, that is expected to launch an offline exhibition area this September, according to the company’s statement. Ratified by China’s State Council in April this year, comprehensive bonded zones are specially designated commercial areas that implement favourable taxation and other policies under the supervision of customs officials.

The pandemic has set off a chain reaction of lost revenue that will shape the economy for years

Walter Robb, former Co-CEO of Whole Foods Market joins "Closing Bell" to talk about grocery shopping amid the reopening.

Blake Larson, managing director of international at Hong Kong-based technology startup Lalamove, which provides on-demand and same-day delivery services by connecting users with delivery drivers on its mobile and web app, discusses how the coronavirus outbreak has been affecting the company's businesses and the industry. He speaks on "Bloomberg Markets: Asia." (Source: Bloomberg)

Gatik has so far done more than 18,000 autonomous orders and these are revenue-generating orders. We have done more than 50,000 revenue-generating autonomous miles.

Ocado continued its research into automation and robotics during the pandemic using several advanced digital tools. There is a strong rumor in the industry that Ocado will announcing a new, in-store, micro-fulfillment solution. This new technology will be first offered to their existing partners such as Kroger Co.

Born in India and raised in Canada, Mehta studied engineering at the University of Waterloo and worked as a design engineer at Blackberry and Qualcomm. He then landed at Amazon, where he helped develop the ecommerce giant’s fulfillment system as a supply chain engineer.

He became Instacart’s first customer and shopper, ordering groceries on the app and then picking up and delivering it to himself. He snagged an investment from Y Combinator in 2012 — after he used the app to send a six pack of beer to a partner at the incubator — then made Forbes‘ 30 Under 30 list a year later. In the early days, orders often came in without a shopper available, so Mehta, who did not own a car, made the deliveries himself using Uber rides.

Instacart has since expanded from San Francisco to more than 5,500 cities and 30,000 stores in North America, with partners like Albertsons, Publix, Kroger and Sam’s Club. #ecommerce

See why Sam's Club Now is a game changer. Reimagining the future of retail

AutoStore wins in the category “Storage and Picking Technology”

Shopify CEO Tobi Lütke famously quipped that his company aims to "arm the rebels." That is, give online merchants looking to sell on their own websites and/or platforms other than Amazon, all of the tools that they need to be successful.

The entire industry knew that Tesla was going to build a new Gigafactory in the United States, but it was unknown when and exactly where it would be. These aspects have been revealed in the last hours after the announcement of the land the company has purchased near Austin, the capital of Texas, where it will surely manufacture the Cybertruck.

Tesla is one of the key manufacturers in the electric car sector It is having a good time thanks to vehicles like the Tesla Model 3, so much so that a few days ago it became the car maker with the highest value in the world. Looking to the future, he hopes that the Cybertruck or some of the advances it has announced in recent dates will lead the way.

The two largest mall landlords and Authentic Brands Group LLC are in talks to buy bankrupt department-store chain J.C. Penney Co., according to people familiar with the matter.

Authentic Brands may team up with Simon Property Group Inc. and Brookfield Property Partners LP to acquire the retailer as part of its court reorganization, said the people, who asked not to be identified because the talks are private. The discussions are still fluid and may ultimately end without a deal.

Saudi Arabia’s wealth fund PIF is all set to pick up a stake in India’s digital platform Jio, part of the Reliance Industries empire owned by Mukesh Ambani. The Public Investment Fund (PIF) will acquire 2.33 per cent for an estimated $1.5 billion.

Walmart Inc. has partnered with e-commerce giant Shopify Inc. to expand its third-party marketplace site and grab more of the pandemic-fuelled surge in online shopping.

The world’s largest retailer aims to add 1,200 Shopify sellers this year, Walmart executive Jeff Clementz said in an interview. The company’s marketplace site, which already offers more than 75 million products, grew at a faster pace than Walmart’s overall web business in the first quarter, and third-party sales are typically more profitable as the sellers pay a fee to list items and often shoulder the delivery costs.

The collaboration is Walmart’s latest attempt to expand the scale and profitability of its US$21.5 billion U.S. e-commerce business, which is gaining ground on market leader Amazon.com Inc. but continues to lose money. In recent years, Walmart has rolled out a fulfillment service for third-party sellers, allowed customers to return marketplace items in its physical stores and jettisoned millions of third-party items that didn’t meet quality standards.