Online news

 

23 November 2022
Coles Group has shaved 30 minutes off its click and collect boot delivery service at its Southland store in Victoria. Largest collection point  The store at Southland, Victoria will have the widest range of items and click and collect ready in 60 minutes. The range for this service is extended to 20,000 products, including items like hot roast chicken. New technologies, such as digital scal...
17 November 2022
British food delivery service Deliveroo has closed its Australian business, due to challenging economic conditions. The company announced the closure on Wednesday 16 November and said the decision was effective immediately, with the company website and app disconnected immediately. Source: Deliveroo Is the quick commerce model starting to show signs of strain? Chief operating of...
15 November 2022
The festival’s sales growth this year was estimated to be lower than previous years. Alibaba reported its gross merchandise value (GMV) was same as last year’s, While JD.com only mentioned that its GMV hit a record. However, sales from up-and-coming products and specific customers showed strong growth. Stable sales performance Despite the on-going effects of COVID in China, the key play...
10 November 2022
Alibaba Group kicked off its 14 th annual 11.11 Global shopping festival on 24 October. Building up excitement from 24 Oct Shoppers can add items to their online shopping carts at 11.11 prices from 24 October, a week before the first checkout window. They can check out any time between 31 October and 3 November or 10 November to 11 November. Staggered orders help merchants process the larg...
09 November 2022
As part of its total H1 results update, M&S highlighted the continued progress it was making with its Foods business. Total sales at M&S Food rose 5.6% to £3.3 bn in the first half, for the 26 weeks ending 1 October, with the pace of growth slowing slightly in Q2, when it stood at 4.5%, versus 6.6% in Q1. Rise in footfall and transactions offset by fall in basket value… M&S Food’s growth wa...
02 November 2022
On 31 October 2022, CR NG Fung, one of Hong Kong’s biggest food distributors and producers, formed a strategic alliance with JD.com. The alliance will lead to CR NG Fung opening its first online flagship store on JD.com’s platform to promote its food grocery products. Expanding sales networks Having opened its official online store on JD.com’s platform, CR NG Fung can easily promote its p...
02 November 2022
Apart from giving a price discount on products during the festival , which runs between 31 October to 11 November 2022, Alibaba has increased its support to help partners grow their businesses, and help it differentiate it from rivals. Growing customer loyalty for brands One of Alibaba's key objectives is to help brands grow customer loyalty on its platform. This initiative can help bran...
02 November 2022
Aldi has announced big changes to its online service in the USA, as it begins to test its own online platform. From Instacart to Spryker Aldi started working with the on-demand delivery company, Instacart, in 2016. It currently offers curbside pickup at around 700 of its over 2,000 stores, with the Instacart team handling the ordering process and fulfilment. This gives Aldi the best of b...
31 October 2022
Flipkart, the Indian online retailer backed by Walmart, is looking for further investment to expand its operation in the country. Up to $3 billion needed to compete Reports suggest Flipkart is looking to raise between $2 billion to $3 billion to expand its product range and compete with market leaders. Its non-grocery offer makes it the second largest online retailer in India after Amazon, ...
28 October 2022
We review Amazon’s third quarter results and the outlook for the year ahead. Q3 key numbers Total net sales increased 15% year-on-year (YoY) to $127.1bn North America segment sales increased 20% to $78.8bn International segment sales decreased 5% to $27.7bn, but increased 12% excluding changes in foreign exchange rates Operating income fell from $4.9bn to $2.5bn year-on-year ...