Retail Roundup—Mobile shopping reaches $153B; Big bids for Toys R Us Asia

toys
Toys R Us in Asia may sell for billions. (Pexels)

Walmart expands partnership with Postmates

Walmart and Postmates are expanding their partnership to provide on-demand delivery in Charlotte, North Carolina, and 100 other metro areas in the coming months. The big-box retailer is making an effort to compete with Amazon, which has been rapidly expanding its grocery delivery since acquiring Whole Foods in 2017. (Forbes)

Mobile retail reached $153B in 2017

Forrester estimates that U.S. shoppers spent $153 billion on retail products using mobile devices in 2017. But when asked how often they purchased via mobile phone, 46% of consumers still have never bought using this platform. (Media Post)

Asian businesses bids billions for Toys R Us

Toys R Us has received multiple bids of more than $1 billion for a majority stake in its Asian stores. So while there is no hope for the retailer in the U.S., the toy store may live on if saved in Asia or the Central European markets. (Market Watch)

Bulk Nation launches online store

Bulk Nation announced the grand opening of its online store this week, offering bulk grocery items at a lower price. The specialty food grocer first opened a physical store in Florida in 2014 and will launch free online delivery of purchases over $69. (PR Newswire)

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