Online news

 

05 October 2022
As Tesco reports on its performance in H1, which showed Group sales, excluding VAT and fuel, rose 3.5% (at constant exchange rates) to £28.2 bn, I look at the five key numbers that stood out in the results. 1. UK like-for-like growth of 0.7% Versus recent announcements from Co-op and Morrisons , which saw them post like-for-like sales contractions of 0.7% and 3.1%, albeit for differe...
04 October 2022
As Deliveroo opens its first physical store, on New Oxford Street, I headed in-store to see how it integrates digital ordering and Morrisons products to offer near-immediate collection of orders. What is the Delivery Hop store? The Delivery Hop store enables shoppers to buy from digital kiosks or through the Deliveroo app. Walk-in shoppers can order through the digital kiosks or Deliveroo a...
04 October 2022
Indonesia-based HappyFresh, an on-demand grocery delivery provider, has streamlined its operations to focus on its domestic market, giving up its presence in Malaysia and Thailand. Restructuring towards a more streamlined business model HappyFresh was the first Instacart-style grocery delivery service to launch in Southeast Asia in 2014. Based in Indonesia, it expanded to Taiwan, Philippine...
30 September 2022
As Tesco works with Ikea and toothpaste manufacturers on separate trials, we round up news from the retailer. Tesco and Ikea collaborate on collection points Ikea will trial click and collect points in car parks at seven Tesco stores as part of an expansion of its Collect Near You service. The retailers have said they will trial the solution for six months. Ikea shoppers will be able to col...
27 September 2022
Walmart is launching two different experiences on Roblox, developed to offer unique interactive content and entertainment for users of the platform. Launching on large, fast-growing platform Roblox is an immersive, 3D online platform developed to play and create new games. Accessible through desktop and mobile browsers, its predominantly used with gaming consoles. Roblox is often considered...
27 September 2022
JD.com has introduced a new format of supermarket in Beijing that provides shoppers with a one-stop shopping experience. A combination of shopping and recreation This new supermarket format, under the banner of "Seven Fresh", which is the third generation of its development, aims to provide shoppers with a one-stop shopping experience that combines the concept of shopping and recreation. ...
23 September 2022
With no real desire to create another term or label in the retail industry, and anyway p-commerce has already been bagged as participatory commerce, the Groceryshop event in Las Vegas this week cemented a view that has been fermenting in my mind for a while that we are on the cusp of a new era of personalised commerce. Achieving the dream We must take a step back and remember that personalisa...
22 September 2022
Understand how retailers in Spain continue to tackle rising inflation, while Alibaba plans to accelerate its expansion for Europe. Explore how DinoSol achieved an increase in sales during 2021 and why Ahorramas closed 2021 with a decreasing turnover.   DIA invests €130m to tackle inflation DIA announced it has invested almost €130m during 2022 to help tackle inflation, Spain is a price sens...
21 September 2022
We look at how Walmart is partnering with a range of companies to enhance its retail media opportunities through expanding its social commerce presence. Taking advantage of social commerce growth Walmart’s retail media business, Walmart Connect, is set to pilot new programmes with a range of ‘Innovation Partners’, including TikTok, Snap and Firework. This will enable advertisers to reach sh...
15 September 2022
Waitrose has said its total trading sales were down 5% in total and like-for-like terms during the 26 weeks to 30 July. In the six months Waitrose generated sales of £3.6 bn, with it benefiting from more shoppers, but with them spending less. Shopper numbers up, but smaller basket sizes Waitrose highlighted how inflation had affected consumer spending, with customer numbers up by 6% year-on...