Global News and Digital
Insights for the Food and Grocery Industry

March 16, 2021

“Buy now, pay later” transaction trends in APAC

The e-commerce market in India is growing rapidly. Due to the low credit card penetration in India, the “Buy now, pay later” transaction method is increasing. Several payment firms are introducing BNPL for products and services purchased online. For payments made on time, consumers won’t have to pay charges, unlike other credit cards and loans. Australia also has BNPL as a common payment method with 5.8 million accounts.

Schnuck Markets to debut fresh produce-based store Schnucks Fresh

Schnucks Markets, a US-based grocer, intends to open Schnucks Fresh that will offer produce, seafood, bakery items, and meat. Schnucks has partnered with RangeMe, a product sourcing and delivery business, to connect with local suppliers and provide online delivery through ECRM. RangeMe dashboard will navigate customers to find products quickly. Schnucks has also partnered with Foodshed.io., a blockchain-based logistics and marketing firm, and unveiled its efforts to buy more than $5M of local produce.

BJ’s Wholesale Club introduces the latest features in its app

To facilitate customers’ online shopping experience, BJ’s Wholesale Club has added new features to its digital app. The app homepage will now show shoppers’ previous order history and option to place the same order again. Moreover, the newest features will let customers receive free coupons, find discounts, access to free delivery and curbside pickup option. The retailer added improved search and AI algorithm to suggest products.

Cure Hydration sends free samples to Walmart’s customers with curbside delivery

Cure Hydration, a fruit-flavour hydration powder startup, tries to win Walmart’s customers by sending free samples with curbside grocery delivery. Numerous food startups came up with this creative idea of promoting their products by collaborating with grocery giants amidst pandemic. Walmart also offers welcome boxes containing free samples to shoppers who join their latest subscription service. Grocers see it as a golden opportunity to diversify their revenue stream.

“Buy now, pay later” transaction trends in APAC

The e-commerce market in India is growing rapidly. Due to the low credit card penetration in India, the “Buy now, pay later” transaction method is increasing. Several payment firms are introducing BNPL for products and services purchased online. For payments made on time, consumers won’t have to pay charges, unlike other credit cards and loans. Australia also has BNPL as a common payment method with 5.8 million accounts.

Schnuck Markets to debut fresh produce-based store Schnucks Fresh

Schnucks Markets, a US-based grocer, intends to open Schnucks Fresh that will offer produce, seafood, bakery items, and meat. Schnucks has partnered with RangeMe, a product sourcing and delivery business, to connect with local suppliers and provide online delivery through ECRM. RangeMe dashboard will navigate customers to find products quickly. Schnucks has also partnered with Foodshed.io., a blockchain-based logistics and marketing firm, and unveiled its efforts to buy more than $5M of local produce.

BJ’s Wholesale Club introduces the latest features in its app

To facilitate customers’ online shopping experience, BJ’s Wholesale Club has added new features to its digital app. The app homepage will now show shoppers’ previous order history and option to place the same order again. Moreover, the newest features will let customers receive free coupons, find discounts, access to free delivery and curbside pickup option. The retailer added improved search and AI algorithm to suggest products.

Cure Hydration sends free samples to Walmart’s customers with curbside delivery

Cure Hydration, a fruit-flavour hydration powder startup, tries to win Walmart’s customers by sending free samples with curbside grocery delivery. Numerous food startups came up with this creative idea of promoting their products by collaborating with grocery giants amidst pandemic. Walmart also offers welcome boxes containing free samples to shoppers who join their latest subscription service. Grocers see it as a golden opportunity to diversify their revenue stream.