Retail Roundup—Amazon Prime in Mexico, Instacart's new funding

Amazon (flickr)
For about $23 a year, Amazon Prime membership now offers free, one-day delivery to four of Mexico's largest cities: Mexico City, Guadalajara, Puebla and Queretaro.

Amazon Prime launches in Mexico

Amazon Prime has launched services in Mexico, making it the 13th country where the online retailer offers its premium membership service. For about $23 a year, membership offers free, one-day delivery to four of the country's largest cities: Mexico City, Guadalajara, Puebla and Queretaro. In other parts of the country, free, two-day shipping is available. (MarketWatch)

Dick's to pick up where other sports stores failed

Dick's Sporting Good's CEO Ed Stack announced in a quarterly earnings call that he would not let his chain suffer the same fate as other sporting goods stores. He plans to open up location and target markets where other retailers have failed. He will also strengthen its assortment in goods by cutting 20% of its lower-volume vendors to focus on its most important suppliers. (CNBC)

Walmart's sales of smart devices up 500%

The sale of smart thermostats and security devices are up 500% over the past two years at Walmart and connected home sales are only predicted to increase, according to a recent survey by Quid. Looking at how Walmart shoppers spend, the survey also showed a big jump, 24%, in educational toys in the past year and a 30% increase in the sale of foods with healthful properties. (Fortune)

Instacart raises another $400M in funding

Online grocery delivery service Instacart has raised $400 million in a round of venture funding, putting the startup's value at $3.4 billion. The investment was led by Sequoia Capital, which also led an earlier round of funding. (Bloomberg)

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