Amazon further invests in Kentucky with plans to build a centralized air hub to support its growing fleet of Prime Air cargo planes

A new centralized air hub at the Cincinnati/Northern Kentucky Airport (CVG) in Hebron will help the company meet demand from Amazon Prime members for fast, reliable delivery

SEATTLE, 2017-Feb-01 — /EPR Retail News/ — Amazon has been an active member of the business community in Kentucky for nearly 20 years, employing more than 10,000 people in full-time jobs across 11 fulfillment center locations. Today, the company announced it is creating new jobs and investing even further in Kentucky with plans to build a centralized air hub to support its growing fleet of Prime Air cargo planes. At the site when it opens, the company expects to create more than 2,000 new jobs.

“As we considered places for the long-term home for our air hub operations, Hebron quickly rose to the top of the list with a large, skilled workforce, centralized location with great connectivity to our nearby fulfillment locations, and an excellent quality of living for employees. We feel strongly that with these qualities as a place to do business, our investments will support Amazon and customers well into the future,” said Dave Clark, Amazon Senior Vice President of Worldwide Operations. “We couldn’t be more excited to add 2,000-plus Amazon employees to join the more than 10,000 who work with us today across our robust operations in Kentucky.”

Last year, Amazon entered into agreements with two carriers to lease 40 dedicated cargo airplanes to support Prime members with fast, free shipping. Today (Jan. 31, 2017), 16 of those planes are in service for Amazon customers with more planes rolling out over time. Amazon’s Prime Air hub at CVG will support Amazon’s dedicated fleet of Prime Air cargo planes by loading, unloading and sorting packages.

“Amazon’s Prime Air hub promises to revolutionize the fulfillment industry worldwide, and Kentucky is excited to partner with them as they embark on this disruptive, transformative and exciting venture,” said Gov. Bevin. “Kentucky’s ideal location, proven workforce and an already extensive shipping and logistics industry have been the backbone of our relationship with Amazon for nearly 20 years. This new project will pay dividends to both the company and our state, and we are truly grateful for the jobs and economic impact it will bring to the commonwealth.”

Full-time employees at Amazon receive highly-competitive pay, health insurance, disability insurance, retirement savings plans and company stock. The company also offers up to 20 weeks of paid leave and innovative benefits such as Leave Share and Ramp Back, which give new parents flexibility with their growing families. Amazon also offers hourly employees its Career Choice program which helps train employees for in-demand jobs at Amazon and other companies so that they can prepare for the future and take full advantage of the nation’s innovation economy. The program pre-pays 95% of tuition for courses in in-demand, high-wage fields, regardless of whether the skills are relevant to a future career at Amazon. Over 9,000 employees have participated in Career Choice and more are signing up every day.

“We’ve worked hard to ensure CVG is a great place to do business and we couldn’t be more pleased that Amazon recognized those efforts with plans to build a top-in-class air cargo hub at our airport,” said Candace S. McGraw, CEO of the CVG Airport. “A vibrant airport improves the economic vitality of the region and adding thousands of new jobs through establishing this hub at CVG will certainly be transformational for the local economy and local businesses.”

Amazon has launched several initiatives to ensure great delivery speeds and supply chain capacity for its customers, including Amazon Flex, the company’s mobile application that allows individuals to sign-up, be vetted and begin delivering for Amazon, a dedicated network of 4,000 trailers to increase trucking capacity and a network of air cargo planes. These efforts join Amazon’s robust worldwide network of 149 fulfillment centers and over 20 sortation centers where the company uses algorithms, robotics, machine learning and other technological innovations to increase delivery speeds for customers. Amazon is now bringing the same technological expertise to efforts in the transportation space to increase shipping capacity for its customers.

The company plans to offer job opportunities at any Amazon site across the U.S. to those involved in the package sortation that occurs today in Wilmington.

Amazon recently announced plans to create more than 100,000 jobs across the U.S. over the next 18 months. You can learn more about working at Amazon by visiting http://www.amazon.jobs. To view a video about Amazon launching its growing plane network, check out an About Amazon blog here.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit www.amazon.com/about.

Media Hotline:

206-266-7180
Amazon-pr@amazon.com
www.amazon.com/pr

Source: Amazon.com, Inc.

Alibaba’s Hong Kong Entrepreneurs Fund invests in three rising companies — Grana, NOSH, DayDayCook

Hong Kong, 2016-Oct-04 — /EPR Retail News/ — The Hong Kong Entrepreneurs Fund (the “Fund”), a not-for-profit initiative of Alibaba Group Holding Limited (NYSE: BABA), announced today (September 29, 2016) the investments in three rising companies based in the city. This is the second round of investments made into exciting early staged companies since the Fund was established in November 2015.

The three companies selected to receive minority investments are Grana, a fashion e-commerce retailer that offers wardrobe essentials created from quality fabrics sourced around the world, with the mission to offer genuine quality clothing accessible to everyone; NOSH, an O2O food delivery company that prepares and delivers fresh, ready-to-eat meals that are each under 550 calories and packed in biodegradable materials, catering to health-conscious, eco-friendly consumers; DayDayCook, a leading creator of food and lifestyle content in Asia, which produces bilingual cooking videos with recipes and step-by-step instructions for a wide range of cuisines.

At different stages of development, the three companies have managed in a short time to establish a substantial local operation and reached the point of looking for early-stage investment.

Mrs. Cindy Chow, executive director of the Fund, commented: “Over the past few months, we are thrilled to discover and get in touch with so many talented and visionary entrepreneurs who are starting their businesses in Hong Kong. The three selected companies in this round impressed us particularly with their unique value propositions, innovative business models, growth potential and their team members’ entrepreneurship.”

“We are also excited to see that Hong Kong has become an increasingly attractive city for global talents to start their businesses,” added Ms. Chow, “That’s why we see entrepreneurs, like the founders from Grana and NOSH, choose Hong Kong as the hub to launch their businesses and realize their startup dreams. Alibaba Entrepreneurs Fund is committed to supporting the healthy growth of Hong Kong’s startup ecosystem with our local partners.”

The Fund, fully managed and run by Alibaba Group, was established with a mandate to engage with the startup community in Hong Kong and select companies that stand out in terms of innovation and unique value proposition for direct investment. As well as supporting and developing entrepreneurship, the Fund seeks those who would most benefit from the resources offered by Alibaba’s ecosystem in e-commerce, logistics, mobile platforms, cloud computing and financial services. With the fund’s investment, aspiring entrepreneurs from around the world can establish their foothold in Hong Kong and make use of the Alibaba platform to scale up their operations both in Hong Kong and in the world.

Luke Grana, CEO and Founder of GRANA said: “Our success is a testament to the amazing and talented in-house team, who have dedicated themselves to making quality products and creating a brand that drives so much word-of-mouth and online advocacy for us. We’re honored to have Alibaba as a lead investor and the continued support from existing investors as strategic partners.”

Maximilian von Poelnitz, Founder of NOSH, said: “The partnership with Alibaba gives NOSH access to world class inventory management software, logistics best practices, and a venture capital investor that can help with fund raising in the future. With Alibaba we will be able to scale up our already thriving business both in Hong Kong and abroad.”

Norma Chu, Founder of DayDayCook, said: “DayDayCook specializes in content creation. Lifestyle and products are seamlessly blended into our content and with Alibaba’s investment, there are significant synergies from data analytics to stock keeping unit expansion to traffic support. This marks an important milestone for DayDayCook’s expansion into content e-commerce.”

This is the second batch of investment from the Fund, with the first round having taken place in May 2016 when the Fund invested in YEECHOO, Shopline and GoGoVan. Since its establishment, the Fund has received more than 500 applications from entrepreneurs whose companies are in different stages of development but all with their roots in Hong Kong. After this latest success, the Fund will continue with its mission to look for, and engage with, promising entrepreneurs both in Hong Kong and those based overseas who are interested in setting up and growing their company operations in the city.

Parties interested in learning more about the investment program may visit www.ent-fund.org for details.

About Hong Kong Entrepreneurs Fund
Alibaba Hong Kong Entrepreneurs Fund is a not-for-profit initiative launched by Alibaba Group in 2015. The Fund’s mission is to help Hong Kong-based entrepreneurs and young people realize their dreams and visions for their businesses and communities. Currently, the Fund runs two programs to fulfill this mission. The Investment Program provides Hong Kong-based entrepreneurs with investment capital and strategic guidance to help them grow their businesses and penetrate global markets by utilizing Alibaba’s vast ecosystem. The Internship Program offers Hong Kong graduates and students from tertiary institutions a chance to learn with us by providing valuable internship opportunities at Alibaba Group and our affiliate companies.

About Grana
GRANA is a direct-to-consumer online fashion brand designing wardrobe essentials in-house, using the finest fabrics from around the world, available at honest prices. Strategically headquartered in Hong Kong, GRANA was founded by Luke Grana and Pieter Paul Wittgen in October 2014. GRANA has global shipping directly to 12 countries within 1-2 days. Countries include Australia, United States, Singapore, Hong Kong, Belgium, France, Germany, Italy, Netherlands, New Zealand, Spain and United Kingdom. https://www.grana.com/

About NOSH
NOSH by Secret Ingredient aims to disrupt the food delivery and takeaway business in Hong Kong. It focuses on a unique supply chain, corporate order logistics, and recipes designed specifically for the delivery medium. As a healthy fast food brand its motto is “Eat Better. Live Better.” http://nosh.hk/

About DayDayCook
DayDayCook is the largest cooking and lifestyle content provider in China with over 200 million views and over 50 million active viewers per month. Founded in Hong Kong, DayDayCook is also the most popular and comprehensive recipe brand in the city with over 700,000 unique visitors per month. http://www.daydaycook.com/

Source: Alibaba Group

Hangzhao Liaison Interactive Information Technology Co., Ltd. invests in Newegg

Los Angeles, CA, 2016-Sep-30 — /EPR Retail News/ —  Newegg – the leading tech-focused e-retailer in North America – today (2016/09/28) announced that it has entered into an agreement to receive a significant investment from Hangzhao Liaison Interactive Information Technology Co., Ltd. (Liaison Interactive). While specific terms of the investment have not yet been made public, Newegg expects the capital infusion will accelerate the pursuit of the company’s strategic initiatives, including continued international expansion, broadening its product offering and pushing aggressively into core markets such as eSports, virtual reality (VR) and augmented reality (AR).

“Newegg is the destination of choice for technology enthusiasts who aspire to live a digital lifestyle,” said Danny Lee, Newegg CEO. “This investment enables Newegg to further cement its leadership position, while accelerating into high-growth categories increasingly vital to our business in the long term.”

Liaison Interactive is a leading Chinese technology company with particular strength in mobile content, interactive apps and games. The company is heavily invested in next-generation technologies such as VR and AR – areas where Newegg and its customers are also deeply entrenched.

Newegg is known the world over as the technology buyer’s destination. Customers enjoy great deals, the most authentic reviews on the latest technology, and the company’s many content portals covering industry news. For example, Newegg’s VR Central chronicles the latest developments in virtual reality. And the company’s GameCrate website is the one-stop destination for all things gaming, delivering the latest news, editorial commentary and product releases. VR is gaining strong momentum among video game enthusiasts, and Newegg’s customers have been among the first to embrace the immersive technology.

For more information and to shop Newegg, visit www.newegg.com.

About Newegg Inc.

Newegg Inc. is the leading electronics-focused e-retailer in the United States. It owns and operates Newegg.com (http://www.newegg.com) which was founded in 2001 and regularly earns industry-leading customer service ratings. The award-winning website has more than 28 million registered users and offers customers a comprehensive selection of the latest consumer electronics products, detailed product descriptions and images, as well as how-to information and customer reviews. Using the site’s online tech community, customers have the opportunity to interact with other computer, gaming and consumer electronics enthusiasts. Newegg Inc. is headquartered in City of Industry, California. The Newegg Hybrid Center is located at 18045 Rowland St., City of Industry, CA 91748.

Source: Newegg Inc.

New Zealand: Foodstuffs supermarkets invests more than $200 million on new stores and store refurbishments nationwide

Auckland, New Zealand, 2016-Aug-01 — /EPR Retail News/ — A stocktake of property developments currently underway by Foodstuffs supermarkets shows more than $200 million is being invested nationwide on new stores and store refurbishments.

Work includes the construction of seven new stores, worth around $120 million in total – four in the North Island and three in the South. Another $80 million is being spent on upgrades for 11 stores.

The four North Island stores currently being built are: PAK’nSAVE Tauriko, in Tauranga; New World Te Kuiti; New World Papakura, in South Auckland; and PAK’nSAVE Tamatea, in Napier.

Another five North Island stores have upgrades underway: PAK’nSAVE Clendon, in South Auckland; New World Willis Street, in Wellington, New World Pahiatua, New World Metro in Auckland’s CBD, and New World Orewa. Work has just finished at New World Pioneer Highway, in Palmerston North.

Foodstuffs (North Island) Ltd General Manager Property Development Lindsay Rowles says, it’s an exciting time for retail development in New Zealand, with multiple growth opportunities.

“Consumers are becoming more discerning about where they shop,” says Rowles. “Some want more modern facilities and a wider range of products, while others are focussed on cost savings and environmental sustainability. We are well aware of all those factors, and are investing in order to cater for these needs well into the future.”

Rowles, who only recently moved here from Australia after 13 years in retail property development for Woolworths and ALDI, says retailers are recognising the importance of putting customer desires at the centre of their planning, including the physical buildings they develop.

“Our stores need to reflect the needs of the customer and adapt and, if required, change to meet their needs. Critical aspects of our supermarkets such as car parks, aisles, lighting and refrigeration need to be tailored to meet the ever-changing needs of our customers. A business that truly places these needs at its heart is the one that will have true success into the future.”

As well as the work already underway, Foodstuffs North Island is planning a major overhaul of New World Papatoetoe, in south Auckland, with a resource consent application already lodged with Auckland Council. Work is due to start by winter 2017.

Meanwhile, in the South Island, three new stores are currently being built: New World Ferry Road, in east Christchurch; PAK’nSAVE Queenstown; and Four Square West Melton, west of Christchurch.

Foodstuffs (South Island) Ltd General Manager Property and Retail Development Roger Davidson says all three are due to open in spring.

“At one end of the scale is PAK’nSAVE Queenstown,” he says, “which will cover about 5500 square metres and bring New Zealand’s lowest food prices to the Queenstown-Lakes District for the first time. At the other end is Four Square West Melton, which promises to give locals greater shopping convenience.”

Five other southern stores are being refurbished: New World Halswell in south Christchurch; New World Lincoln; New World Elles Road, in Invercargill; New World Alexandra; and PAK’nSAVE Timaru.

“Overall, it amounts to a massive work programme for us,” Davidson says, “and a sign of our long-term commitment to the communities we serve.”

Newly constructed stores and those undergoing major refurbishments will all be kitted out with the latest in environmentally sustainable lighting, refrigeration and waste recycling systems.

As for the number of jobs that will be created nationwide, a figure is yet to be confirmed. But with three stores being completely new builds – PAK’nSAVE Tauriko, PAK’nSAVE Queenstown; and Four Square West Melton, west of Christchurch – at least 300-400 jobs are likely to be created.

“Part of the investment in our communities is the training and career advancement opportunities we offer our staff,” says Davidson. “We’re currently directing our spending to bricks and mortar, but once the stores are completed our owners focus moves onto ensuring they have the best people on the ground to meet our customer needs – training and development forms a strong part of this.”

Contact:

Tel: +64 9 621 0600
Fax:+64 9 621 0601

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New Zealand: Foodstuffs supermarkets invests more than $200 million on new stores and store refurbishments nationwide
New Zealand: Foodstuffs supermarkets invests more than $200 million on new stores and store refurbishments nationwide

 

Source: Foodstuff

Rakuten invests in remote farming service provider Telefarm as part of the agriculture reforms it intends to promote

Aiming to contribute to regional revitalization with agriculture support through the internet

Tokyo, 2016-Jun-27 — /EPR Retail News/ — Rakuten, Inc. (TOKYO: 4755) today announced that it has invested in remote farming service provider Telefarm Co., Ltd.

Since September 2010, Telefarm has been providing a remote cultivation service for organic vegetables which incorporates gamification. The company carries out “Community Supported Agriculture” through the internet, and by connecting consumers and farmers, allows consumers to obtain vegetables they have overseen themselves, and provides farmers with stable revenue and sales channels.

With the working population in the agricultural industry steadily declining, coupled with Japan’s aging population, labor shortages in the industry are becoming a serious problem, and the amount of deserted arable land is increasing every year. Farmers are facing serious challenges, with initial investment and unstable revenues posing obstacles for new farmers, and the securement of stable sales channels and a shortage of successors presenting challenges for established, small-scale farmers.

Since its founding, Rakuten has upheld the philosophy of empowering people and society through the internet, and it intends to bring innovative solutions to solve challenges in agriculture, and contribute to the development of the industry. Rakuten decided to invest in Telefarm as part of the agriculture reforms it intends to promote.

Going forward, Rakuten will explore the development of new services in the agriculture field through the internet, while aiming to contribute to regional revitalization through the utilization of deserted arable land and support for new farmers.

About Telefarm

Name: Telefarm Co., Ltd.
URL: http://www.telefarm.net
Address: Matsuyama City, Ehime Prefecture
Representative: Managing Director and President, Shinobu Endo
Established: April 2007
Capital Stock: 32,000,000 yen (As of April 30, 2016)

Details of Business:  
1.    Agriculture revitalization business that uses a web-based remote cultivation system
2.    Production and sale of fruit trees, vegetables and grains
3.    Storage, transportation and sale of agricultural produce
4.    Manufacture and sale of seeds, seedlings and materials
5.    Undertaking of farm work on commission
6.    Planning and management of farming experiences and other events, and all business affairs related to the above

Source: Rakuten