Online news

 

31 January 2023
JD.com failed to grow in the countries in the face of tough competition in Southeast Asia. Challenging growth conditions JD.com did not provide reasons for its exiting of Indonesia and Thailand. JD.ID was launched in 2015 with Provident Capital, while its Thailand platform was launched in 2017 with Central Group. JD offered both direct sales and marketplace models in the countries. It also ...
26 January 2023
Following a succesful soft launch in September, Walmart has launched Walmart Business, a standalone B2B ecommerce platform tailored to the needs of small and medium businesses (SMBs), as well as non-profit organisations.  What is it? Walmart Business is a new online delivery service targeted at SMBs. The platform offers a curated assortment consisting of more than 100,000 products, which ar...
23 January 2023
Understand how the Spanish market continues to evolve as Mercadona expands its online capabilities further. Whereas DIA is selling its perfume shops to focus on proximity and the growth of its local food distribution. Separately, Aldi reports its successful 2022, its outlook to 2023 and its new social network initiative being trialled only in Spain. Mercadona expands it online capability   Sp...
18 January 2023
Ocado has enjoyed a record Christmas period. The retailer saw sales growth of 15% and orders up by 13% over the five days to Christmas. Ocado has retained its guidance for its 2022 financial year performance, after posting retail revenues of £549.4m, up 0.3% for the 13-week period to 27 November 2022. This was below its initial prediction of mid-single-digit sales growth. Shoppers bought less ...
17 January 2023
Coles has opened a refreshed store in Southland, Melbourne's bayside suburb of Cheltenham. The new store showcases the latest technology and digital integrations across the store's grocery and fresh produce. The retailer has also announced dropped prices for more products to help shoppers until after Easter. Coles Southland new look store Coles Southland store features the supermarkets larg...
12 January 2023
Aldi UK has announced it is closing its online operations in the UK. Wines and spirits will no longer be able to be purchased from the end of January and Specialbuys will no longer be available by autumn. Its click-and-collect service will however remain, in over 200 stores. What does the future hold for Aldi and online?  Aldi has said it wants to focus on low prices and estate expansion, r...
12 January 2023
Tesco has published its Q3 and Christmas trading update, noting that Q3 like-for-like sales were up 5.7% and were ahead by 7.9% in the Christmas trading period. LFLs were up by 4.3% in the UK, 5.3% in Ireland, 9.3% for Booker and 12.3% in Central Europe. UK trading well Key trading highlights in the UK included: Tesco offered its “ most competitive offering to date, delivering further...
20 December 2022
National convenience retailer, Co-op has announced a major new delivery partnership with Just Eat to further increase its online capacity. This means Co-op is now partnered with all three national food delivery specialists, having already adopted Deliveroo and Uber Eats services across a large number of stores. Co-op has also developed in-house delivery services, for stores where the delivery ...
15 December 2022
Colruyt Group reported the first half of its 2022/23 financial year has been impacted by the challenging macroeconomic climate. The retailer said its H1 had been impacted by high inflation, significant cost increases, and declining consumer confidence. H1 figures at a glance: Revenue grows 5.7% to €5.266 bn versus €4.98 bn a year ago Operating profit of €123m versus €211m a year ago ...
13 December 2022
Short-form user-generated video is the content of the moment. Retailers and social platforms are investing to be in this space. Amazon is the latest to make a move, taking on TikTok with its new Inspire programme. What does this mean for the retailer and can it work for grocery? Personalised content feed Amazon Inspire is a new in-app shopping feed that provides uses with customised shoppab...